Yet Another Hack Attack: Significant Losses Reported for These Altcoins
Security Breach at ALEX Protocol: The Stacks-based DeFi protocol ALEX experienced a security breach resulting in a loss of approximately $8.37 million due to a bug in its token listing verification mechanism, allowing the attacker to withdraw significant amounts of cryptocurrencies.
Compensation for Victims: ALEX Lab Foundation announced it will fully compensate affected users in USDC, with a notification process set to begin by June 9, 2025, and payments expected within 7 business days after user verification.
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Technical Analysis for ALEX
Technical Sentiment Analysis for ALEX Lab (ALEX) As of , ALEX Lab (ALEX) 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 ALEX 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, ALEX 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 $-.
ALEX Lab (ALEX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000579 | 0.000716 | 0.00082 | 0.000957 | 0.00106 | 0.0012 | 0.0013 |
| Fibonacci | 0.000716 | 0.000808 | 0.000865 | 0.000957 | 0.00105 | 0.00111 | 0.0012 |
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