Binance To Delist Major Altcoins In June
- Binance To Delist Major Altcoins: Binance announced the delisting and cessation of trading for altcoins OmiseGO (OMG), Waves (WAVES), Wrapped NXM (WNXM), and NEM (XEM) starting June 17th, 2024.
- Reason for Delisting: The decision is part of Binance's efforts to ensure only reliable and secure assets are available on its platform through quality assurance processes.
- Criteria for Delisting: Criteria for delisting included factors like the activity level of the altcoin’s development team, trading volume, liquidity, network stability, security, adherence to due diligence, and community communication.
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Technical Analysis for WAVES
Technical Sentiment Analysis for Waves (WAVES). As of , Waves (WAVES) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 1 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for WAVES 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 crypto.
Support, Resistance & Moving Averages. From a structural perspective, WAVES 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 $-.
Waves (WAVES) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.389 | 0.421 | 0.447 | 0.48 | 0.506 | 0.539 | 0.565 |
| Fibonacci | 0.421 | 0.443 | 0.457 | 0.48 | 0.502 | 0.516 | 0.539 |
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