The XION token has surged nearly 200% following its listing on Bithumb, one of South Korea's largest regulated exchanges. This development led to a 618.92% increase in 24-hour trading volume, highlighting significant investor interest.
Technical analysis indicates that XION is forming a three-phase structure consistent with the Power of 3 model, with the token trading above the 200-day moving average at $0.86. Analysts suggest that if XION maintains this support level, it could potentially rise to $1.7278 and then $3.11. However, failure to hold these levels might reverse the current bullish trend.
XION Token Jumps 200% After Bithumb Listing, Eyes Further Gains
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