Sui Network Experiences Two-Hour Outage, Halting Block Production
Sui Network Outage: The Sui Network experienced a two-hour outage on November 21st due to a bug in its transaction scheduling logic, halting block production and affecting the crypto market, leading to a 7.29% dip in the SUI token price during the downtime.
Community Reactions and Comparisons: The incident sparked discussions within the cryptocurrency community, with some comparing Sui's outage to past issues faced by Solana, while Sui representatives emphasized the rarity of such incidents and the swift resolution of the problem.
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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 4 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 | 0.00222 | 0.00239 | 0.00257 | 0.00275 | 0.00293 | 0.0031 | 0.00328 |
| Fibonacci | 0.00239 | 0.00253 | 0.00261 | 0.00275 | 0.00288 | 0.00297 | 0.0031 |
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