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Conflict Status: 1. Houthis claim Saudi escalation will face stronger retaliation. 2. US media: US military will not launch offensive strikes against Houthi rebels. 3. Iranian military: Any US attack will result in Iranian retaliation. 4. Explosion near Erbil airport in Iraq, where US troops are stationed. 5. Iranian Army Commander claims to have deployed a large number of troops to the border region. 6. Houthi rebels: Saudi Air Force conducted 28 airstrikes in the past 24 hours. The total number of airstrikes since Saudi escalation has reached 760. Strait of Hormuz: 1. Iranian military claims to have shot down an "orbiting drone" over the Strait of Hormuz. 2. Iranian Parliament Speaker: The Strait of Hormuz will remain closed until Irans conditions are met. 3. Joint Maritime Information Center: In the past 72 hours, the US Navy assisted in 97 transits through the Strait of Hormuz. 4. US Central Command stated that as of that day, it had guided 109 merchant ships to change course to ensure compliance with US maritime blockade regulations against Iran. Other developments: 1. US embassies in several Middle Eastern countries issued security alerts. 2. Irans Civil Aviation Organization denied rumors of a complete suspension of flights with Iraq. 3. Pentagon investigators: A series of US errors led to the attack on an Iranian primary school. 4. Turkey stated it may provide assistance to Saudi Arabia under the Mecca Mutual Defense Agreement. 5. Qatars Ministry of Foreign Affairs: Several US government officials stated that the US hopes to reach an agreement and end the conflict. 6. The US mission in Saudi Arabia stated that US government employees traveling to Taif and Yanbu require special permission. 7. Mohsen Rezaei, Secretary of Irans Supreme National Security Council: The US has no choice but to accept Irans conditions. 8. According to Iranian state media: Iranian Foreign Minister Araqchi has left Tehran for New York and will make a brief stop in Qatar. 9. Israeli media: Netanyahus visit to the US is expected to be "unusually short," with him returning to Israel immediately after his speech at the UN General Assembly. 10. Trump responded to returning to the White House early over the weekend and issuing related alerts in several Middle Eastern countries: Its no different from any other weekend. 11. The French Foreign Ministry condemned the Iranian authorities decision to close the French language center in Tehran, and stated that France would first summon the Iranian ambassador. 12. Iranian President Peshichiyan is scheduled to address the UN General Assembly on Wednesday, where he is expected to outline Irans position on international affairs. 13. Trump stated he is open to meeting with the Iranian president at the UN General Assembly; options on the table include allowing Irans economy to continue to deteriorate or reaching an agreement. Trump also indicated he is considering "when and if" to take full-scale military action against Iran.September 21 (Reuters) - Iranian President Sergei Pezechzian plans to address the United Nations General Assembly on Wednesday, outlining Irans position on international affairs, particularly its stance on the aggressive war waged against Iran by the United States and Israel. A high-level delegation will accompany him. Pezechzian will also hold high-level meetings and consultations with leaders of several countries during the UN General Assembly session. President Trump is scheduled to address the General Assembly on Tuesday, having previously stated his openness to meeting with the Iranian president at the assembly.September 21 - According to a report by Al-Masirah TV, controlled by the Houthi rebels in Yemen, Saudi Arabian warplanes attacked a communications tower in Yemens northern Jawf province on September 20, killing four people and injuring three. The report stated that Saudi warplanes attacked the communications tower in the Hab and Shaaf districts of Jawf province, killing four workers and injuring three others. Saudi Arabia has not yet responded to the incident.According to Irans Mehr News Agency, Yemeni sources say that Saudi Arabia has launched an attack on Yemens northern province of Jawf.According to Axios, US President Trump will meet with Ukrainian President Zelensky in New York on Tuesday, as the US works toward a de-escalation agreement between Russia and Ukraine.

DOGE Eyes a Return to $0.0850 to Aim for $0.090 as FTX Contagion Declines

Daniel Rogers

Nov 23, 2022 15:37

截屏2022-11-23 下午2.24.11.png 

 

On Tuesday, both Dogecoin (DOGE) and shiba inu coin (SHIB) snapped two-day losing streaks. FTX contagion risk diminished as word of FTX cash holdings and investor interest in FTX assets spread. However, technical indications remain gloomy, with exponential moving averages (EMAs) predicting additional declines.

 

On Tuesday, dogecoin (DOGE) gained 5.23 percent. Reversing Monday's loss of 2.99%, DOGE ended the day at $0.0785. Notably, DOGE closed the day below $0.0800 for the third session in a row.

 

The mid-morning low for DOGE was $0.0729. Avoiding the First Major Support Level (S1) at $0.0715, DOGE climbed to a high of $0.0796 in the early afternoon. At $0.0774, DOGE surpassed the First Major Resistance Level (R1) before retreating. However, a late surge caused DOGE to surpass R1 and close the day at $0.0785.

 

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On Tuesday, the price of Shiba inu coin (SHIB) increased by 4.76 percent. SHIB closed the day at $0.000000881, reversing Monday's decline of 4.21%.

 

In line with the larger market, SHIB reached a low of $0.00000817 during midmorning. Finding support at the First Major Support Level (S1) at $0.00000816, SHIB surged to a high of $0.00000883 by early afternoon. At $0.00000873, SHIB surpassed the First Major Resistance Level (R1) and closed the day at $0.00000881.

 

FTX contagion risk diminished on Tuesday, providing assistance to DOGE, SHIB, and the broader market. Updates on FTX's assets revealed a substantial cash position, which would mitigate the impact of the company's bankruptcy on its creditors.

 

Reports that Justin Sun of Tron and Brad Garlinghouse of Ripple are interested in FTX assets generated additional support.

 

Nonetheless, Twitter news remained unfavorable for DOGE. There was no new information on Twitter's resumption of the crypto integration project that would promote DOGE adoption.

 

However, investor sentiment increased significantly this morning. Risk of FTX contagion remains the primary motivator. Until the court reveals who FTX's creditors are, downside risks will persist. On Tuesday, the bankruptcy judge ruling over FTX decided to redact the identities of FTX's creditors.

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