Nigerian Telecom Operators Dismiss Tariff Review Claims
- Tariff Review Clarification: Gbenga Adebayo, Chairman of the Association of Licensed Telecommunications Operators in Nigeria, emphasized that there are currently no discussions regarding a tariff review, aiming to determine fair pricing among operators through cost studies to maintain industry health.
- Purpose of Termination Rate Review: The review addresses not only local call termination rates but also international call fees, ensuring reasonable charges between operators to foster competition and investment while enhancing service quality.
- Infrastructure Upgrade Commitment: Following a 50% increase in telecom tariffs, operators have pledged to improve connectivity and upgrade infrastructure to enhance user experience, ensuring service quality meets government expectations.
- Sustainability Assurance: Adebayo noted that the termination rate review is a crucial measure for promoting industry sustainability, with government mandates for operators to provide better services while expanding network coverage and service penetration.
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Technical Analysis for RECALL
Technical Sentiment Analysis for Recall (RECALL). As of , Recall (RECALL) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 3 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for RECALL 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 crypto.
Support, Resistance & Moving Averages. From a structural perspective, RECALL 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 $-.
Recall (RECALL) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0241 | 0.0266 | 0.0293 | 0.0318 | 0.0345 | 0.037 | 0.0397 |
| Fibonacci | 0.0266 | 0.0286 | 0.0298 | 0.0318 | 0.0338 | 0.035 | 0.037 |
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