Hackers Converted Stolen Funds to Ether as The Asset’s Price Tanked
Nomad Bridge Hackers' Exploitation: Hackers from the 2022 Nomad bridge hack took advantage of a significant drop in Ether (ETH) prices, exchanging 39.75 million DAI for 16,892 ETH, and subsequently moved large amounts to Tornado Cash to obscure their transactions.
Additional Hacker Activity: Another hacker involved in a previous exploit exchanged 7.8 million DAI for 2,922 ETH during the price decline but may have lost 3.6 million DAI due to an error, while also utilizing Tornado Cash to hide funds.
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Technical Analysis for X
Technical Sentiment Analysis for X Empire (X) As of , X Empire (X) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 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 stock.
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 | 0.00000594 | 0.0000089 | 0.0000115 | 0.0000145 | 0.000017 | 0.00002 | 0.0000226 |
| Fibonacci | 0.0000089 | 0.000011 | 0.0000123 | 0.0000145 | 0.0000166 | 0.0000179 | 0.00002 |
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