Key Information on Upbit 0G Suspension: What Traders Need to Understand About the Temporary Stop
Upbit 0G Suspension Announcement: South Korean exchange Upbit has temporarily suspended deposits and withdrawals for ZeroGravity (0G) tokens due to an upcoming hard fork, which is necessary for network upgrades and user fund protection.
Impact on Traders: During the suspension, traders cannot move their 0G tokens, but spot trading may continue. Existing balances remain secure in Upbit wallets, and the suspension will last until network stability is confirmed.
Importance of Hard Forks: Hard forks are essential for the evolution of blockchain networks, introducing improvements in features, security, and scalability, despite causing temporary inconveniences for traders.
Communication and Updates: Traders are advised to monitor Upbit's official channels for updates on the suspension's duration and resumption of services, as the exchange will announce when normal operations can resume.
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Technical Analysis for IMX
Technical Sentiment Analysis for Immutable (IMX) As of , Immutable (IMX) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for IMX 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, IMX 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 $-.
Immutable (IMX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0504 | 0.0897 | 0.13 | 0.169 | 0.209 | 0.248 | 0.288 |
| Fibonacci | 0.0897 | 0.12 | 0.139 | 0.169 | 0.199 | 0.218 | 0.248 |
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