Coinone Delists MYRO, Issues Warning for MILK Token Amid Regulatory Scrutiny
- MYRO Delisting Rationale: Coinone's decision to delist MYRO effective February 19, 2025, stems from insufficient community engagement and concerns over business viability, aiming to protect users from potential losses while emphasizing the exchange's commitment to project health.
- Market Reaction Impact: The delisting of MYRO is likely to trigger market volatility, requiring users to withdraw their assets before the deadline to avoid losing access, highlighting the exchange's focus on long-term ecosystem health amid diminishing liquidity.
- MILK Investment Warning: Coinone issued a formal investment warning for MILK, citing concerns over transparency and governance flaws, which, while not leading to immediate delisting, signals potential risks for investors if the project fails to address these issues.
- Regulatory Context Analysis: Coinone's actions reflect South Korea's stringent cryptocurrency regulatory environment, where exchanges must conduct regular asset reviews to ensure compliance with transparency and sustainability standards, thereby maintaining market stability and protecting investor interests.
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Technical Analysis for TOKEN
Technical Sentiment Analysis for TokenFi (TOKEN). As of , TokenFi (TOKEN) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for TOKEN 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, TOKEN 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 $-.
TokenFi (TOKEN) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00227 | 0.00266 | 0.00297 | 0.00337 | 0.00368 | 0.00408 | 0.00438 |
| Fibonacci | 0.00266 | 0.00293 | 0.0031 | 0.00337 | 0.00364 | 0.00381 | 0.00408 |
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