U.S. Treasury Sanctions Two Crypto Exchanges for Iran Funding
- First Sanction on Crypto Exchanges: The U.S. Treasury has sanctioned Zedcex and Zedxion for their involvement in Iran's financial activities, marking a significant increase in regulatory enforcement for cryptocurrencies, which could impact compliance across the global crypto market.
- Asset Freezing and Transaction Ban: Under the Office of Foreign Assets Control (OFAC) regulations, all U.S. assets belonging to these exchanges are frozen, and American individuals and businesses are prohibited from conducting any transactions with them, directly undermining their operational capabilities in the U.S. market.
- Ties to Terrorist Organizations: The exchanges are accused of facilitating illegal financial transactions for the Iranian Islamic Revolutionary Guard Corps (IRGC), designated as a terrorist organization by the U.S., highlighting the potential risks of cryptocurrencies under international sanctions.
- Iran's Crypto Activities: Data indicates that from 2023 to 2025, IRGC transactions accounted for 56% of the total financial activities on Zedcex and Zedxion, suggesting that Iran is establishing a financial foundation to evade sanctions, which could pose a threat to global financial security.
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Technical Analysis for RECALL
Technical Sentiment Analysis for Recall (RECALL). As of , Recall (RECALL) 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 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 | 0.0214 | 0.0311 | 0.04 | 0.0497 | 0.0586 | 0.0683 | 0.0772 |
| Fibonacci | 0.0311 | 0.0382 | 0.0426 | 0.0497 | 0.0568 | 0.0612 | 0.0683 |
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