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① Iran 1. Iranian Parliament Speaker: Iran and the US should jointly safeguard Lebanons territorial integrity. 2. Iranian Foreign Ministry Spokesperson: Tehrans interactions with the International Atomic Energy Agency (IAEA) will require approval from the Iranian parliament and a decision from the Supreme National Security Council. 3. Acting Iranian Defense Minister: The armed forces are on high alert; any new provocations or miscalculations by aggressors will be met with a stronger response than ever before. ② US 1. Vance: A de-escalation mechanism for the Lebanese conflict has been established. 2. Vance stated that Iran has agreed to invite IAEA inspectors for a return visit, which was refuted by Iran. 3. Trump stated that Iran will agree to accept weapons inspections to ensure its long-term "nuclear integrity." 4. US officials stated that the US has established a "monitoring mechanism" for the situation in Lebanon. 5. Trump: If Iran does not comply with the agreement, I will take necessary measures. ③ Israel 1. Israel stated that it will continue to take action to destroy military facilities in southern Lebanon. 2. Israeli Prime Minister: The Israel Defense Forces can operate freely in southern Lebanon to counter threats. ④ Ceasefire Negotiations 1. Qatar and Pakistan Joint Statement: The first round of high-level talks between the US and Iran has concluded, and all parties have finalized a 60-day roadmap. 2. Iranian Foreign Ministry: Technical talks between Iran and the US have begun in Switzerland. 3. Irans chief negotiator: An agreement on unfreezing $12 billion in Iranian assets has been finalized. 4. Vance said the Swiss negotiations were productive, but warned, "Dont trust anyone." 5. Iranian President: Iran will never yield to excessive demands. ⑤ Strait of Hormuz 1. British media: More than 400 ships waited in the Strait of Hormuz during the Iran-US consultations. 2. Iranian Parliament Speaker: The Strait of Hormuz will be managed according to the mechanism established by Iran. 3. Joint Maritime Information Center (JMIC): The maritime security threat level in the Strait of Hormuz has been downgraded to "moderate." 4. Irans chief negotiator: An agreement has been reached to establish communication channels regarding the passage of ships in the Strait of Hormuz. ⑥ Other Circumstances 1. The Iranian President will visit Pakistan on Tuesday. 2. The U.S. Treasury Department issued a 60-day temporary general license authorizing Iran to sell oil. 3. It is reported that Iran exported 30 million barrels of crude oil in the week before the U.S. sanctions waiver. 4. Hezbollah leader: Will respond to any Israeli aggression. Federal Reserves Goolsby: Federal Reserve Chairman Warshs approach is to reduce speculation on interest rates and reduce forward guidance; I quite agree with this approach.Federal Reserves Goolsby: In my view, we need to determine whether this inflation will continue.Federal Reserves Goolsby: Evidence is needed to prove that this inflation is temporary; inflation in the services sector is slightly worrying.Federal Reserves Goolsby: We have not yet experienced a stagflation shock, and the labor market has remained stable.

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.

 

You should only trade with capital that you can afford to lose while trading derivatives. The trading of derivatives may not be suitable for all investors; thus, you should ensure that you fully comprehend the risks involved and, if necessary, seek independent counsel. Before entering into a transaction with us, a Product Disclosure Statement (PDS) can be received through this website or upon request from our offices and should be reviewed. Raw Spread accounts offer spreads as low as 0 pips and a commission rate of $3.50 per 100,000 USD traded. Spreads on standard accounts begin at 1 pip with no additional commission fees. CFD index spreads begin at 0.4 points. This information is not intended for inhabitants of any country or jurisdiction where distribution or use would violate local law or regulation.

 

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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