Charles Hoskinson Calls for Unified Action Against Operation Chokepoint 2.0’s Global Crypto Crackdown
Operation Chokepoint 2.0 Criticism: Charles Hoskinson, founder of Cardano, condemns Operation Chokepoint 2.0 as a global attack on the crypto industry, highlighting its negative impact on businesses and investors through debanking practices and urging for unified legislative action to protect cryptocurrency rights.
Debanking Challenges: Crypto entrepreneurs are facing significant challenges due to debanking, with notable figures like Gabriel Abed and Faryar Shirzad sharing experiences of losing banking access, while Ripple's CTO David Schwartz criticizes these practices as indirect regulation that undermines legal principles.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for 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, 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 $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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