France Faces Crypto Crime Surge with Kidnappings and Data Leaks
- Surge in Kidnapping Attempts: France has reported three attempted kidnappings related to cryptocurrencies in just three days, indicating a rise in organized crime targeting crypto holders, which raises significant public safety concerns as victims are coerced into surrendering access to their digital wallets.
- Data Leak Incident: A French tax official was caught leaking sensitive information about individuals' cryptocurrency holdings without authorization, providing criminals with the means to identify high-value targets, thereby exacerbating the threats faced by crypto investors.
- Escalating Security Risks: These incidents highlight that crypto investors are at risk not only from online threats but also from physical dangers, prompting the government to consider stronger protective measures for crypto holders.
- Increased Government Pressure: With the rise in kidnappings and data leaks, the French government is under pressure to enhance the security of public data systems and protect cryptocurrency holders from escalating criminal threats.
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Technical Analysis for XMR
Technical Sentiment Analysis for Monero (XMR) As of , Monero (XMR) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 3 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for XMR 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, XMR 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 $-.
Monero (XMR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 32.983 | 154.632 | 257.303 | 378.952 | 481.623 | 603.272 | 705.943 |
| Fibonacci | 154.632 | 240.322 | 293.261 | 378.952 | 464.642 | 517.581 | 603.272 |
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