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Community Vote Update: "Should PI be launched on Binance?"
We have received a total of 232,676 eligible votes between 2025-02-17 14:45 (UTC) and 2025-02-27 23:59 (UTC) and are pleased to share the final results of the vote: "Should PI be launched on Binance?": 87.1% voted “Yes”, with 202,547 eligible votes; 12.9% voted “No”, with 30,129 eligible votes
We appreciate the strong participation from our community on Binance Square. As stated at the start of the vote, while we value and consider the vote results they are for reference only and do not determine any decision or action Binance may or may not take. Binance has a strict due diligence process to decide which tokens or projects get listed and there’s an independent team within Binance that does the research and evaluation. Binance’s focus is always to provide users with access to a wide range of quality projects. Some evaluation criteria include and in no particular order: project quality and team, technological innovation & roadmap, market demand & community engagement, use case & practical applications; and security & compliance.
The price is currently hovering around 0.00002216, just slightly below the EMA(7) and EMA(25), indicating mild short-term bearish pressure.
The recent high of 0.00002285 faced resistance, followed by a pullback.
Moving Averages:
The EMA(7) (yellow) is crossing below EMA(25) (pink), which suggests weakening bullish momentum in the short term.
The EMA(99) (purple) is still below the price, indicating that the overall trend may still lean bullish unless the price breaks below it.
MACD:
DIF and DEA are negative and converging, while the histogram is near zero, indicating that bearish momentum is fading but hasn't reversed yet.
Volume:
Recent volume spikes during the upward price movement suggest strong buyer interest, but the decline in volume after the pullback indicates reduced activity.
2. Likely Scenarios
Bullish Scenario:
If the price holds above the EMA(99) (0.00002206) and breaks above the EMA(7) and EMA(25) (currently near 0.00002223), we may see:
A retest of 0.00002285 (recent high).
Further upside if volume picks up, targeting 0.00002300 or higher.
Bearish Scenario:
If the price falls below EMA(99) (0.00002206):
It may test 0.00002154 (next support level).
Continued selling could push it to 0.00002103.
3. Suggested Action Plan
Confirmation Needed: Wait for a breakout above 0.00002223 (bullish) or breakdown below 0.00002206 (bearish).
Indicators to Watch:
Watch the MACD for a bullish crossover (signal line crossing above).
Run! Hurry up!! ️ In just a few minutes the great $PIXEL Launchpool begins! 🤩 I'm super excited! I already staked my $BNB and $FDUSD to start farming this new Token for 10 days! 🤓This would be my second Launchpool that participated, and my expectations are high because I have been a Pixels Game Player for more than 06 months!! 📊My price predictions for this coin are that it exceeds $2!! Tell me if you think the same! 🔍Anyway, if you don't know this project, I leave you below my article with a very detailed explanation. #TrendingTopic #Write2Earn #Launchpool
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Binance Announces Delisting of Spot Trading Pairs - Effective January 26, 2024 🔔
In a move aimed at ensuring user protection and sustaining a robust trading market, Binance routinely reviews all listed spot trading pairs. Following the latest assessments, Binance has decided to delist specific spot trading pairs, effective January 26, 2024, at 03:00 (UTC). The affected trading pairs include COMBO/BNB, CRV/ETH, IOST/ETH, NEO/ETH, QKC/ETH, QUICK/TUSD, RUNE/EUR, and WOO/BNB.
This decision is influenced by multiple factors, including poor liquidity and trading volume, underscoring Binance's commitment to maintaining a high-quality trading environment.
Users should be aware that the delisting of a spot trading pair does not impact the availability of the tokens on Binance Spot. Trading for the base and quote assets of the delisted pairs remains possible through other available trading pairs on Binance.
Additionally, Binance will terminate Spot Trading Bots services associated with the aforementioned spot trading pairs on January 26, 2024, at 03:00 (UTC) where applicable. Users are strongly advised to update or cancel their Spot Trading Bots prior to the cessation of services to mitigate potential losses.
The announcement acknowledges the possibility of discrepancies in translated versions and urges users to refer to the original English version for the most up-to-date and accurate information.
This proactive delisting approach by Binance underscores its commitment to providing a secure and efficient trading environment for its global user base.
❤️ If you find this information helpful, consider supporting me through the Binance Tipping feature. Your generosity helps me provide quality content. 🙏🏿