India Makes Cybersecurity App Voluntary Following Public Privacy Concerns
Government Backtrack on App Requirement: India's government has clarified that the Sanchar Saathi cybersecurity app, initially mandated for all new mobile devices, can be deleted by users if they choose, following public backlash.
Functionality and Privacy Concerns: The app aims to combat online fraud and track stolen phones, requiring access to call logs and messages, but officials assert it does not invade privacy by accessing microphones or locations.
Political Opposition: Opposition leaders have criticized the app's requirement, equating it to government surveillance and a threat to privacy, with some calling it a dictatorial move.
Industry Response and Impact: Apple may challenge the government's order, while the app has reportedly seen 14 million downloads and helped trace 2.6 million lost or stolen phones, highlighting the ongoing efforts to enhance cybersecurity in India.
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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 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 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 | 0.00000594 | 0.0000089 | 0.0000115 | 0.0000145 | 0.000017 | 0.00002 | 0.0000226 |
| Fibonacci | 0.0000089 | 0.000011 | 0.0000123 | 0.0000145 | 0.0000166 | 0.0000179 | 0.00002 |
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