Upbit Listed 3 Altcoins in the Last Three Days: So Why Did Listing Rate Spiked? What Other Altcoins Are Candidates for Listing?
- Upbit Listing Acceleration: Upbit, the world's second-largest cryptocurrency exchange, listed three tokens recently - Bounce, Stargate, and BEAM, possibly due to upcoming regulatory changes in South Korea.
- Virtual Asset Investor Protection Law: South Korea's new law, effective July 2024, aims to protect virtual asset users, regulate trading practices, and empower financial authorities over the virtual asset market.
- Altcoins Listing Candidates: Upbit is considering listing various altcoins like Chromia, API3, Audius, iExec RLC, and others that have Bitcoin parity but not KRW parity.
- Prohibition on Hacked Altcoins: The new regulations may also prevent previously hacked altcoins from being listed on exchanges like Upbit.
- Ethereum Founder's Tweet: Ethereum founder Vitalik Buterin retweeted a tweet about Terra (LUNA), causing a reaction in LUNA's price.
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Technical Analysis for AGLD
Technical Sentiment Analysis for Adventure Gold (AGLD) As of , Adventure Gold (AGLD) 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 AGLD 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, AGLD 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 $-.
Adventure Gold (AGLD) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0803 | 0.125 | 0.177 | 0.222 | 0.274 | 0.319 | 0.371 |
| Fibonacci | 0.125 | 0.162 | 0.185 | 0.222 | 0.259 | 0.282 | 0.319 |
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