Coinone to Delist MAVIA Token on February 13, 2025, Impacting Holder Liquidity
- Delisting Announcement: South Korean exchange Coinone has announced the official delisting of the MAVIA token at 6:00 a.m. UTC on February 13, 2025, reflecting the increasingly stringent regulatory environment in the cryptocurrency market, which directly impacts holder liquidity and trading strategies.
- Trading Pair Cessation: Coinone has formally notified users that all MAVIA trading pairs will cease at the designated time, with deposit services for the token halted earlier this week, requiring users to withdraw their assets within the grace period to avoid losses.
- Market Reaction: Following the announcement, the MAVIA token experienced notable volatility, although trading volumes on Coinone itself diminished rapidly, aligning with historical precedents where similar announcements trigger short-term sell pressure, indicating market concerns about the token's future.
- Compliance Review: Coinone cited internal policy reviews as the reason for the delisting, emphasizing the exchange's ongoing assessment of listed assets, particularly in light of tightening regulatory standards, which may lead to similar scrutiny for other gaming tokens.
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Technical Analysis for TOKEN
Technical Sentiment Analysis for TokenFi (TOKEN) As of , TokenFi (TOKEN) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 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 stock.
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 | 0.000696 | 0.00175 | 0.00258 | 0.00363 | 0.00446 | 0.00552 | 0.00634 |
| Fibonacci | 0.00175 | 0.00247 | 0.00292 | 0.00363 | 0.00435 | 0.0048 | 0.00552 |
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