Important Announcement: Upbit Restores Crypto Deposit and Withdrawal Services Gradually

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Dec 04 2025

MINA-1.068%

SCR+0.474%

TREAT-3.9%

Should l Buy MINA?

Service Resumption Announcement: Upbit, a leading South Korean cryptocurrency exchange, is resuming its crypto deposit and withdrawal services in a phased manner, starting December 3rd, focusing initially on six cryptocurrencies: ARK, ICX, DOGE, SXP, NEAR, and MINA.
New Deposit Address Requirement: All previous deposit addresses have been deleted for security reasons, and users must generate new deposit addresses before making any deposits to avoid losing funds.
Phased Rollout Strategy: The phased approach allows Upbit to monitor network performance and address any issues before expanding services to additional cryptocurrencies, ensuring a secure and stable experience for users.
Impact on the Crypto Market: The resumption of services is a positive sign for the South Korean crypto ecosystem, enhancing liquidity and trader confidence while emphasizing user protection in a regulatory environment.

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Technical Analysis for MINA

Technical Sentiment Analysis for Mina (MINA). As of , Mina (MINA) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MINA 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, MINA 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 $-.

Mina (MINA) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0443	0.0488	0.0534	0.0579	0.0625	0.067	0.0716
Fibonacci	0.0488	0.0523	0.0545	0.0579	0.0614	0.0636	0.067

About MINA

Mina Protocol is a minimal “succinct blockchain” built to curtail computational requirements in order to run DApps more efficiently. Mina has been described as the world’s lightest blockchain since its size is designed to remain constant despite growth in usage. Furthermore, it remains balanced in terms of security and decentralization. The project was rebranded from Coda Protocol to Mina in October 2020.To learn more about this project, check out our deep dive of Mina Protocol.The Mina network has a size of only 22 KB, which is miniscule when compared to Bitcoin’s 300 GB blockchain.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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