CryptoQuant Founder Critiques X's Handling of Crypto Content Amid 1200% Spam Surge
- Surge in Automated Spam: Ki Young Ju highlighted that automated spam activity related to crypto on X has surged over 1,200%, with more than 7.7 million posts in a single day, severely impacting the quality of content shared within the community.
- Difficulty Distinguishing Users from Bots: Ju criticized X's flawed paid verification system, which has hindered the platform's ability to differentiate between genuine users and bots, resulting in diminished visibility and engagement for authentic accounts.
- Algorithmic Crackdowns Affect Real Users: The platform's algorithmic crackdowns have unjustly impacted many legitimate content creators, leading to reduced exposure for their posts and exacerbating concerns about the platform's management of crypto discussions.
- Ongoing Content Moderation Debate: Ju's criticism reflects broader discussions about X's shortcomings in managing crypto content and user engagement strategies, which are affecting the platform's reputation within the crypto community.
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Technical Analysis for X
Technical Sentiment Analysis for X Empire (X) As of , X Empire (X) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 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 stock.
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 | 0.00000595 | 0.00000891 | 0.0000115 | 0.0000145 | 0.0000171 | 0.00002 | 0.0000226 |
| Fibonacci | 0.00000891 | 0.000011 | 0.0000123 | 0.0000145 | 0.0000166 | 0.0000179 | 0.00002 |
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