Jason Derulo sold his JASON tokens despite saying he wouldn’t, says Bubblemaps
- Jason Derulo's Crypto Token Sales: Jason Derulo sold thousands of dollars worth of his newly launched crypto token JASON, despite claiming he would never sell it.
- Controversial Co-Creator's Response: The controversial co-creator of the token, Sahil Arora, called the sales part of an "orchestrated" plan.
- Trading Activity and Price Movement: After sharing the contract address for the token, there was a surge in trading activity, leading to a price pump and dump within minutes.
- Bubblemaps Analysis: Bubblemaps doubted that Derulo was fooled by Arora, pointing out wallets associated with Arora that dumped tokens and made profits.
- Token Performance: Despite the controversy, JASON's market capitalization reached $7.7 million, up 175% in a day but down from its peak on June 24.
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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 | 0.0000059 | 0.00000889 | 0.0000115 | 0.0000144 | 0.000017 | 0.00002 | 0.0000226 |
| Fibonacci | 0.00000889 | 0.000011 | 0.0000123 | 0.0000144 | 0.0000166 | 0.0000179 | 0.00002 |
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