Bybit Announces Support for STABLE v1.3.0 Network Upgrade
- Network Upgrade Support: Bybit has announced its support for the STABLE v1.3.0 network upgrade, indicating that the exchange will manage the technical transition for users holding STABLE tokens, thereby reducing the risk of issues during the upgrade.
- Protocol Compatibility Enhancement: This upgrade is tied to the Ethereum Pectra hard fork, marking a necessary protocol-level adjustment for the STABLE project to ensure compatibility within the Ethereum ecosystem.
- User Operation Simplification: Users holding STABLE balances on Bybit will not need to take manual actions, as the exchange will automatically handle the upgrade, although deposits and withdrawals may be temporarily suspended during the upgrade window.
- Monitor Upgrade Timing: Users should keep an eye on Bybit's official announcements for specific upgrade timing and maintenance periods, as any delays or changes could affect the exchange's service arrangements.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR). As of , Major (MAJOR) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 4 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MAJOR 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, MAJOR 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 $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0263 | 0.0428 | 0.0569 | 0.0735 | 0.0876 | 0.104 | 0.118 |
| Fibonacci | 0.0428 | 0.0545 | 0.0617 | 0.0735 | 0.0852 | 0.0924 | 0.104 |
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