Bithumb Imposes Deposit and Withdrawal Restrictions on Overseas Exchanges
- Deposit and Withdrawal Restrictions: Bithumb has announced restrictions on deposits and withdrawals for overseas exchanges Zedxion and Zedcex, reflecting its routine practice amid network upgrade activities aimed at safeguarding user transactions from errors and enhancing operational stability.
- Clarification on No New Restrictions: Bithumb clarified that there are no new restrictions for Zedxion and Zedcex, countering recent market speculation and emphasizing that previous announcements pertained to other tokens due to network upgrades or delistings.
- Market Impact Monitoring: The cryptocurrency community is closely observing the situation to verify any potential market impacts, with Bithumb's denial of rumors alleviating concerns regarding possible liquidity issues specific to Zedxion and Zedcex.
- Historical Data Support: Historical data indicates that Bithumb suspensions typically last 24-72 hours with minimal market disruption, suggesting that any issues would be swiftly resolved, as noted by CEO David Shin, who stated that suspensions are to prevent transactions from being lost or sent to incompatible addresses.
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Technical Analysis for IMX
Technical Sentiment Analysis for Immutable (IMX). As of , Immutable (IMX) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 0 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for IMX 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, IMX 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 $-.
Immutable (IMX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0703 | 0.0996 | 0.13 | 0.159 | 0.189 | 0.218 | 0.248 |
| Fibonacci | 0.0996 | 0.122 | 0.136 | 0.159 | 0.182 | 0.196 | 0.218 |
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