Investors Sue Caitlyn Jenner Over Alleged Meme Coin Fraud

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Nov 14 2024

Should l Buy ICP?

Caitlyn Jenner Lawsuit: Caitlyn Jenner is facing a class-action lawsuit for allegedly misleading investors about the JENNER token, which was promoted as a high-potential investment without proper risk disclosures or SEC registration, resulting in significant financial losses for buyers.
Crypto Crime Trends: The article highlights increasing violence in crypto-related crimes, including the tragic death of influencer Kevin Mirshahi after his abduction, alongside ongoing legal issues involving other figures in the crypto space, such as Daren Li's guilty plea for laundering $73 million and U.S. prosecutors seeking to seize funds linked to FTX bribery.

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Technical Analysis for ICP

Technical Sentiment Analysis for Internet Computer (ICP) As of , Internet Computer (ICP) 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 ICP 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, ICP 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 $-.

Internet Computer (ICP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1.001	1.5	2.021	2.52	3.041	3.54	4.061
Fibonacci	1.5	1.89	2.131	2.52	2.91	3.151	3.54

About ICP

The Internet Computer blockchain incorporates a radical rethink of blockchain design, powered by innovations in cryptography. It provides the first “World Computer” blockchain that can be used to build almost any online system or service, including demanding web social media, without need for traditional IT such as cloud computing services. As such it can enable full end-to-end decentralization.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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