CZ's Memoir Reignites Feud with OKX Founder Star Xu
- Feud Reignited: CZ's memoir, 'Freedom of Money', revisits a contract dispute with OKX founder Star Xu, accusing him of undermining his reputation through 'fear, uncertainty, and doubt', highlighting the long-standing animosity between the two.
- Allegations and Denials: Xu publicly labels CZ a 'habitual liar', denying claims that he reported CZ to authorities, while challenging the accuracy of CZ's account regarding his tenure, emphasizing the distortion of facts presented in the memoir.
- Historical Context: The book references the 2020 incident when OKX paused customer withdrawals, with CZ claiming Xu alone held the keys to the exchange wallets, while Xu counters that CZ's narrative is misleading, contrasting it with Huobi's handling of a similar situation.
- Market Manipulation Claims: Xu questions CZ's assertions about market manipulation, arguing that CZ's accusations lack new evidence and primarily rely on previously released OKCoin materials, reflecting a deepening trust crisis and intensifying competition between them.
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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 3 technical signals, shows that 1 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 | 0.0000082 | 0.00000958 | 0.0000109 | 0.0000123 | 0.0000137 | 0.0000151 | 0.0000164 |
| Fibonacci | 0.00000958 | 0.0000106 | 0.0000113 | 0.0000123 | 0.0000134 | 0.000014 | 0.0000151 |
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