Uganda Restores Public Internet Access, Social Media Remains Restricted
- Internet Access Restoration: The Ugandan Communications Commission announced the restoration of public internet access nationwide, although social media and application connectivity remain restricted, aimed at maintaining security and stability during the election period.
- Financial Services Disruption: MTN and Airtel's mobile money services remain unavailable, leaving users facing financial distress and unable to meet daily needs, further exacerbating public dissatisfaction.
- VPN Usage Warning: The UCC warned users against using VPNs to bypass restrictions, stating they have the capability to detect and attack the devices of violators, potentially leading to permanent loss of internet connectivity.
- Election Result Impact: Despite the announcement of presidential election results, with incumbent Museveni winning 72% of the vote, the ongoing internet restrictions severely impact citizens' lives, particularly in financial transactions and social interactions.
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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 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 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 | 0.00000575 | 0.00000881 | 0.0000113 | 0.0000144 | 0.0000169 | 0.0000199 | 0.0000224 |
| Fibonacci | 0.00000881 | 0.0000109 | 0.0000122 | 0.0000144 | 0.0000165 | 0.0000178 | 0.0000199 |
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