Vitalik Buterin Backs Tornado Cash Developer Roman Storm Amid Privacy Concerns
- Privacy Advocacy: Ethereum co-founder Vitalik Buterin reiterated his support for Tornado Cash developer Roman Storm on X, emphasizing that using privacy tools for transactions is not a crime, highlighting the importance of personal privacy rights.
- Legal Challenges: Roman Storm was indicted for running an unlicensed money transmitter business and conspiracy to commit money laundering; while found guilty on one charge, the jury deadlocked on the other two, illustrating the complexity and uncertainty of the case.
- Industry Support: Storm has garnered widespread backing within the crypto industry, with many asserting that “writing code is not a crime,” indicating that developers' legal and ethical stances may influence future regulatory policies.
- Calls for Political Intervention: Following Storm's trial verdict, crypto companies and advocacy groups urged President Trump to intervene and dismiss all charges against him, reflecting the industry's hopes for policy changes and concerns over the legal environment.
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Technical Analysis for TRUMP
Technical Sentiment Analysis for OFFICIAL TRUMP (TRUMP) As of , OFFICIAL TRUMP (TRUMP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TRUMP 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, TRUMP 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 $-.
OFFICIAL TRUMP (TRUMP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.512 | 2.266 | 3.092 | 3.846 | 4.672 | 5.426 | 6.252 |
| Fibonacci | 2.266 | 2.869 | 3.242 | 3.846 | 4.449 | 4.822 | 5.426 |
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