Binance Suspends Support for ARB, 1INCH, KITE, 0G, TURBO Tokens, Effective January 22, 2025
- Service Suspension Timing: Binance will suspend deposit and withdrawal services for five tokens, including ARB and 1INCH, starting at 08:00 UTC on January 22, 2025, directly impacting user asset mobility on specific blockchain networks and potentially preventing transactions post-deadline.
- Network Support Details: Support for ARB and 0G will pause on the Ethereum network, 1INCH on the BNB Smart Chain, KITE on the Avalanche C-Chain, and TURBO on the Solana network; however, spot trading for these tokens will continue, ensuring market liquidity remains intact.
- Rationale for Suspension: This decision by Binance stems from periodic reviews aimed at ensuring network security and technical stability, with the suspensions intended to prevent transaction failures or double-spend incidents during periods of network instability or upgrades, highlighting the exchange's commitment to user asset safety.
- User Action Steps: Users must complete any pending deposits or withdrawals before the deadline to avoid unprocessed transactions, with options to transfer assets via alternative supported networks or convert tokens to stablecoins like USDT within Binance to mitigate risks.
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Technical Analysis for 0G
Technical Sentiment Analysis for 0G (0G) As of , 0G (0G) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for 0G 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, 0G 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 $-.
0G (0G) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -0.052 | 0.196 | 0.395 | 0.643 | 0.842 | 1.09 | 1.289 |
| Fibonacci | 0.196 | 0.367 | 0.472 | 0.643 | 0.814 | 0.919 | 1.09 |
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