Bybit Announces Delisting of XIONUSDT Perpetual Contract
- Contract Delisting Announcement: Bybit has announced the delisting of the XIONUSDT perpetual contract from its derivatives platform, which is part of its standard delisting procedures, indicating that this trading pair will no longer be available and may impact traders holding this contract.
- Trader Action Required: Traders with open positions in the XIONUSDT contract need to take action before the delisting occurs, as any remaining open positions will be forcibly closed at market prices post-delisting, potentially leading to unfavorable trading outcomes.
- Liquidity Impact: The removal of the perpetual contract may reduce liquidity for this trading pair, widening spreads and increasing volatility in other venues, particularly for smaller-cap tokens, where the loss of a derivatives market on a major exchange like Bybit can significantly affect price discovery.
- Regulatory Environment Changes: As the regulatory landscape evolves, exchanges may periodically reassess their listed contracts; although Bybit did not specify the reason for the XIONUSDT removal, this trend may become more frequent across the industry.
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Technical Analysis for ZIL
Technical Sentiment Analysis for Zilliqa (ZIL). As of , Zilliqa (ZIL) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ZIL 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, ZIL 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 $-.
Zilliqa (ZIL) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00224 | 0.0025 | 0.00277 | 0.00303 | 0.0033 | 0.00356 | 0.00383 |
| Fibonacci | 0.0025 | 0.0027 | 0.00283 | 0.00303 | 0.00323 | 0.00336 | 0.00356 |
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