Nigeria's NCC Initiates Review of Telecommunications Policy After 26 Years
- Importance of Policy Review: At the NTP 2000 review workshop in Lagos, the Nigerian Communications Commission (NCC) emphasized that policy reviews are crucial for industry direction and resource allocation, especially with the goal of achieving a $1 trillion digital economy by 2030.
- Current Industry Landscape: Since 2000, Nigeria's telecom users have surged from 20,000 to over 180 million, despite challenges such as infrastructure vandalism and poor network quality, the sector has experienced rapid expansion and increased competition.
- Future Policy Focus: NTP 2026 will concentrate on emerging technologies like AI, satellite broadband, and IoT, aiming to provide an enabling investment environment for operators, enhance consumer protection, and improve global competitiveness to support national digital transformation.
- Need for Shared Infrastructure: Experts highlighted that establishing shared infrastructure is essential for improving network quality and coverage, particularly in rural areas, to ensure affordability and accessibility of digital connectivity, thereby promoting nationwide digital development.
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Technical Analysis for RECALL
Technical Sentiment Analysis for Recall (RECALL). As of , Recall (RECALL) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 6 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for RECALL 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, RECALL 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 $-.
Recall (RECALL) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0345 | 0.0426 | 0.0495 | 0.0576 | 0.0645 | 0.0726 | 0.0795 |
| Fibonacci | 0.0426 | 0.0483 | 0.0519 | 0.0576 | 0.0633 | 0.0669 | 0.0726 |
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