SOON Token Surges 89.6% Following Upbit Listing
- Remarkable Listing Performance: The SOON token surged 89.6% following its listing on South Korea's Upbit exchange, reflecting strong investor enthusiasm and recognition of its potential, thereby enhancing its influence in the crypto market.
- Trading Volume Surge: Currently trading at $0.2367, SOON has increased by 70% in the past 24 hours, with gains of 118% and 53.9% over the past week and month respectively, indicating a robust accumulation phase attracting significant investor interest.
- Liquidity Enhancement: As the largest crypto exchange in South Korea, Upbit provides deep market liquidity, allowing global users to trade SOON against various crypto assets, thereby improving its accessibility and trading opportunities, which further boosts SOON's market performance.
- Strategic Implications: The listing of SOON not only showcases its strategic goal of blockchain interoperability but also strengthens its competitive position in the global crypto market through collaboration with Upbit, facilitating the promotion of its Layer-2 solution.
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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 7 technical signals, shows that 3 indicators are flashing buy, while 4 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 | 0.00197 | 0.00216 | 0.00233 | 0.00251 | 0.00268 | 0.00287 | 0.00304 |
| Fibonacci | 0.00216 | 0.00229 | 0.00238 | 0.00251 | 0.00265 | 0.00273 | 0.00287 |
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