UPBIT Confirms NKN Services Uninterrupted, Alleviating User Concerns
- User Concerns Alleviated: Despite rumors of a suspension of NKN deposits and withdrawals on January 1, 2026, UPBIT confirmed that NKN services remain uninterrupted, ensuring user asset safety and enhancing user trust.
- Limited Market Impact: The lack of official confirmation means that the rumors did not have an immediate market impact, indicating that user confidence in UPBIT remains, although similar past incidents have caused market fluctuations.
- Importance of Security Measures: UPBIT previously incurred $37 million in losses due to security issues with assets like Solana, highlighting the necessity of strengthening security measures to maintain long-term platform integrity and avoid potential future financial losses.
- Need for Transparent Communication: Insights from Kanalcoin suggest that failures to address security issues promptly can lead to market fluctuations and regulatory scrutiny, emphasizing the importance of timely and transparent communication in the crypto industry to maintain investor confidence.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for SOL
Technical Sentiment Analysis for Solana (SOL) As of , Solana (SOL) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SOL 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, SOL 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 $-.
Solana (SOL) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 17.588 | 42.544 | 69.208 | 94.164 | 120.828 | 145.784 | 172.448 |
| Fibonacci | 42.544 | 62.263 | 74.445 | 94.164 | 113.883 | 126.065 | 145.784 |
About SOL
About the author
