Upbit Halts Worldcoin Trading Amid Critical Wallet Maintenance
- Reason for Suspension: On March 21, 2025, Upbit announced the suspension of all deposit and withdrawal services for Worldcoin (WLD) due to essential wallet system maintenance, which immediately impacted one of the platform's most actively traded altcoins, highlighting the critical infrastructure demands of digital asset trading.
- Trading Status During Maintenance: While deposit and withdrawal services were halted, spot trading for WLD continued, allowing users to buy and sell existing holdings, thereby maintaining market liquidity and preventing panic that could arise from trading interruptions.
- Industry Standard Practice: Similar maintenance events are common among other major exchanges like Binance and Coinbase, typically for network upgrades or security patches, reflecting the exchanges' commitment to safeguarding user assets and preventing transaction errors or potential losses.
- Investor Response Strategy: During such events, investors should focus on official announcements, understand the specific scope of the suspension, and monitor updates for service restoration to mitigate reliance on any single platform, ensuring asset diversification and security.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR) As of , Major (MAJOR) 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 MAJOR 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, MAJOR 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 $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.061 | 0.0687 | 0.0775 | 0.0852 | 0.094 | 0.102 | 0.111 |
| Fibonacci | 0.0687 | 0.075 | 0.0789 | 0.0852 | 0.0915 | 0.0954 | 0.102 |
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