Argentina Investigates Javier Milei's Phone Logs in LIBRA Token Case
- Investigation Progress: Argentine authorities are reviewing phone records linked to President Javier Milei, which have become crucial in the LIBRA token investigation and may clarify his level of involvement during the project's launch.
- Token Market Volatility: The LIBRA token launched on the Solana network in February 2025, and after Milei shared details on social media, its price surged sharply within minutes before collapsing, wiping out an estimated $250 million in market value.
- Impact of Call Records: Investigators found that Milei held several calls with LIBRA project promoter Mauricio Novelli shortly before and after the token's launch, which may challenge his earlier public statements and raise questions about his involvement in market activities.
- Payment Allegations: The investigation also uncovered messages from Novelli's devices referencing recurring payments to Milei, and while all parties deny wrongdoing, this has sparked public debate about how public officials engage with digital assets.
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Technical Analysis for X
Technical Sentiment Analysis for X Empire (X). As of , X Empire (X) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 3 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for X 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, X 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 $-.
X Empire (X) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00000865 | 0.0000098 | 0.000011 | 0.0000122 | 0.0000134 | 0.0000146 | 0.0000158 |
| Fibonacci | 0.0000098 | 0.0000107 | 0.0000113 | 0.0000122 | 0.0000131 | 0.0000137 | 0.0000146 |
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