Bithumb Suspends Story Token Deposits and Withdrawals for Network Upgrade
- Maintenance Announcement: Bithumb has announced a temporary suspension of Story (IP) token deposits and withdrawals starting at 9:00 a.m. UTC on January 14, 2025, to facilitate a critical network upgrade aimed at enhancing platform security and functionality.
- Trading Continues: While deposits and withdrawals are paused, Bithumb will allow users to continue trading the Story token on the spot market, thereby minimizing disruption for active traders and ensuring liquidity.
- User Preparation: Users are advised to complete any urgent deposits or withdrawals before the maintenance begins, which is expected to last between 2 to 6 hours, while all other cryptocurrency trading functions will remain operational.
- Compliance Assurance: This maintenance aligns with the stringent regulatory requirements set by South Korea's Financial Services Commission, demonstrating Bithumb's commitment to user protection and reflecting its responsibility in the cryptocurrency market.
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Technical Analysis for TOKEN
Technical Sentiment Analysis for TokenFi (TOKEN) As of , TokenFi (TOKEN) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TOKEN stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, TOKEN is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
TokenFi (TOKEN) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000687 | 0.00175 | 0.00257 | 0.00363 | 0.00445 | 0.00551 | 0.00633 |
| Fibonacci | 0.00175 | 0.00247 | 0.00291 | 0.00363 | 0.00435 | 0.00479 | 0.00551 |
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