Upbit Sees Surge in PUNDIX, XRP, STPT Trading Volumes
Surge in Trading Volumes: Pundi X (PUNDIX), XRP, and STPT have emerged as the top three tokens by trading volume on Upbit in early May 2025, with XRP leading at $239 million, indicating a shift in investor interest towards these altcoins over Bitcoin and Ethereum.
Market Dynamics and Investor Behavior: The increase in trading activity reflects a change in liquidity preferences among South Korean investors, although there are no significant structural changes or coordinated actions from project leaders or regulatory bodies following this surge.
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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 6 technical signals, shows that 3 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 | 0.00000833 | 0.0000101 | 0.0000115 | 0.0000133 | 0.0000147 | 0.0000165 | 0.0000179 |
| Fibonacci | 0.0000101 | 0.0000113 | 0.0000121 | 0.0000133 | 0.0000145 | 0.0000153 | 0.0000165 |
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