Upbit Suspends ASTR, ENJ, POLYX, and TAO Withdrawals for Wallet Upgrades
- Reason for Suspension: South Korea's largest cryptocurrency exchange, Upbit, has announced a halt on deposits and withdrawals for ASTR, ENJ, POLYX, and TAO due to scheduled wallet upgrades, which impacts user access and may lead to short-term trading volatility.
- Timeline of Suspension: According to Upbit's official notice, the suspension took effect on [date] with no specified end time, prompting users to monitor official announcements for updates to avoid disruptions in trading strategies.
- Impact on Traders: During the maintenance window, traders holding these assets cannot transfer funds to external wallets or other exchanges, which disrupts active trading strategies reliant on arbitrage opportunities and raises security concerns.
- Market Context: This suspension occurs amid heightened regulatory scrutiny of South Korean exchanges; while such maintenance is standard practice, it can cause short-term price fluctuations for the affected tokens, reminding users to stay informed during network upgrades.
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Technical Analysis for ENJ
Technical Sentiment Analysis for Enjin Coin (ENJ). As of , Enjin Coin (ENJ) 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 ENJ 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, ENJ 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 $-.
Enjin Coin (ENJ) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0363 | 0.0416 | 0.0455 | 0.0507 | 0.0546 | 0.0599 | 0.0638 |
| Fibonacci | 0.0416 | 0.0451 | 0.0472 | 0.0507 | 0.0542 | 0.0564 | 0.0599 |
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