API3 Rises 121% After Announcement of Upbit Listing
API3 Price Surge: API3's price increased by 121% following its listing on Upbit, South Korea's largest cryptocurrency exchange, effective August 19, 2025.
Trading Pairs and Turnover: The listing allows trading in KRW and USDT pairs, resulting in a significant trading turnover of over $158 million, indicating strong local interest.
Market Impact: This surge highlights the growing prominence of API3 in the cryptocurrency sector and suggests potential boosts in liquidity and exposure in Asian markets.
Historical Context: Similar past listings of major DeFi tokens have led to comparable price increases, suggesting that API3 may continue to attract sustained interest in the evolving market.
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Technical Analysis for DEFI
Technical Sentiment Analysis for DeFi (DEFI) As of , DeFi (DEFI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for DEFI 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, DEFI 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 $-.
DeFi (DEFI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0002 | 0.000247 | 0.000289 | 0.000336 | 0.000378 | 0.000425 | 0.000467 |
| Fibonacci | 0.000247 | 0.000281 | 0.000302 | 0.000336 | 0.00037 | 0.000391 | 0.000425 |
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