Prepare for Binance Delisting: Six Tokens to Be Removed Soon
Binance Delisting Announcement: Binance will delist six tokens—CVP, EPX, FOR, LOOM, REEF, and VGX—on August 26 due to factors like development activity, network stability, and trading volume. Users are advised to redeem or adjust their investments before the delisting dates.
Criteria for Delisting: The exchange emphasized the importance of project team commitment, development activity, trading liquidity, network stability, and effective public communication in its decision-making process regarding which tokens to support or delist.
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Technical Analysis for REEF
Technical Sentiment Analysis for Reef (REEF) As of , Reef (REEF) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 2 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for REEF 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, REEF 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 $-.
Reef (REEF) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0000422 | 0.0000617 | 0.000078 | 0.0000975 | 0.000114 | 0.000133 | 0.00015 |
| Fibonacci | 0.0000617 | 0.0000754 | 0.0000838 | 0.0000975 | 0.000111 | 0.00012 | 0.000133 |
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