Ex-RBI Director Calls for Clear Regulations on Stablecoins in India
Call for Clear Stance on Stablecoins: Former RBI executive director G Padmanabhan urged the Indian government to quickly establish a clear regulatory framework for stablecoins to avoid uncertainty similar to that surrounding cryptocurrencies.
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Technical Analysis for G
Technical Sentiment Analysis for Gravity (G) As of , Gravity (G) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for G 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 stock.
Support, Resistance & Moving Averages From a structural perspective, G 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 $-.
Gravity (G) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00107 | 0.00212 | 0.00297 | 0.00402 | 0.00487 | 0.00592 | 0.00677 |
| Fibonacci | 0.00212 | 0.00285 | 0.0033 | 0.00402 | 0.00475 | 0.0052 | 0.00592 |
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