Indonesia Lifts Ban on xAI Chatbot Grok Under Strict Conditions
- Ban Lift Background: Indonesia's Ministry of Communication and Digital Affairs has announced the lifting of the ban on the xAI chatbot Grok, allowing it to operate under strict guidance, a move made after the parent company's commitment to improve compliance, highlighting the government's focus on digital ecosystem regulation.
- Compliance Measures Implemented: The parent company of Grok has implemented several measures, including enhanced technical safeguards, restricting access to certain features, and tightening internal policies and enforcement mechanisms to prevent misuse in Indonesia, ensuring user safety.
- Ongoing Monitoring Commitment: The Indonesian government has committed to continuously monitor Grok's compliance with legal regulations, stating that any inconsistencies or violations will lead to the reimposition of the ban, emphasizing the protection of women and children in the digital space.
- International Response: In addition to Indonesia, the Philippines has also allowed Grok to resume operations, contingent upon the company's promise to disable content-manipulating features and accept regulatory oversight, reflecting a collective effort among countries to address digital content safety issues.
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Technical Analysis for XAI
Technical Sentiment Analysis for Xai (XAI) As of , Xai (XAI) 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 XAI 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, XAI 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 $-.
Xai (XAI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00424 | 0.0065 | 0.00882 | 0.0111 | 0.0134 | 0.0157 | 0.018 |
| Fibonacci | 0.0065 | 0.00825 | 0.00933 | 0.0111 | 0.0128 | 0.0139 | 0.0157 |
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