As per Biji.com, the XION token surged nearly 267% within eight hours following its listing on Bithumb, but later retraced most of the gains, closing 45.5% below the previous day's high. The token's market cap remains at $151 million, significantly smaller than top-20 cryptocurrencies, making it more volatile. Key resistance levels at $0.693 and $0.793 need to turn into support to confirm a bullish reversal, but this has not yet occurred.
XION Token Surges 267% After Bithumb Listing, But Retraces Half of Gains
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