Polymarket v2 Upgrade: Critical Trading Suspension Announced
- Upgrade Schedule: The Polymarket v2 upgrade is set for April 28, 2025, at 11:00 a.m. UTC, during which all trading functions will be suspended for approximately one hour, aiming to enhance the platform's trading infrastructure and user experience.
- Order Processing Changes: This upgrade will reset the v1 order book, resulting in the cancellation of all existing limit orders, which directly impacts active traders who will need to re-enter their limit orders post-upgrade.
- Technical Improvement Highlights: The v2 version introduces a faster order matching engine, audited smart contracts, and an optimized user interface, expected to enhance trade execution speed and reduce gas fees during peak hours, thereby improving user satisfaction.
- Industry Impact Analysis: The Polymarket v2 upgrade not only enhances the platform's technical maturity but also sets a benchmark for the prediction market industry, as institutional investor interest grows, likely driving the entire sector towards more efficient and user-friendly solutions.
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Technical Analysis for X
Technical Sentiment Analysis for X Empire (X). As of , X Empire (X) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for X 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, X 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 $-.
X Empire (X) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00000828 | 0.0000097 | 0.000011 | 0.0000124 | 0.0000137 | 0.0000151 | 0.0000164 |
| Fibonacci | 0.0000097 | 0.0000107 | 0.0000114 | 0.0000124 | 0.0000134 | 0.0000141 | 0.0000151 |
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