Binance delists THESE five tokens: Here’s how the market reacted

📆 28/11/2024 06:20:00
📰 CryptoAmb

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Binance delisting sparks market turmoil as five token pairs, face sharp price declines ahead of their removal in December.

Binance’s announcement to delist GFT/USDT, IRIS/USDT, KEY/USDT, OAX/USDT, and REN/USDT has sent shockwaves through the market, triggering steep price declines., the world’s largest cryptocurrency exchange, has announced the delisting of five trading pairs—GFT/USDT, IRIS/USDT, KEY/USDT, OAX/USDT, and REN/USDT. This decision has sparked significant volatility in the market, with the affected tokens experiencing sharp price declines.

The RSI for IRIS sat at 28.74, mirroring the oversold sentiment, while the MACD showed a widening bearish divergence, further dampening short-term recovery prospects. OAX/USDT also faced a steep fall, shedding almost 45% of its value. The RSI for OAX was at 26.76, suggesting extreme selling pressure.

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