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According to the Financial Times, several banks, including JPMorgan Chase and Morgan Stanley, are looking to shift risk to avoid being “overwhelmed” by data center debt.On May 4th, an Al Jazeera reporter pointed out that regardless of what is currently being discussed at the negotiating table, Iranians and Americans are speaking two different languages. What we are seeing may simply be negotiations to maintain dialogue, but this does not guarantee that unexpected events will not occur, triggering a new round of intense conflict. He believes that the differences between the two sides are difficult to bridge. When the US sets "surrender" as its bottom line, while Iran rejects any proposals that approach this situation, he sees no substance in the negotiations. However, the current situation presents a two-way pressure scenario: the US is pressuring the Iranian economy, while Iran is pressuring the global economy. It remains to be seen who will back down first. The risk now is that this situation, perceived as pressure from both sides, could escalate into a stalemate. In this scenario, war would once again loom, especially if Israel were to intervene to break the deadlock.According to Israeli media outlet Ynet, Israel is preparing for an escalation of the situation and has expressed skepticism about the US strategy of containing Iran.On May 4th, local time, Ukrainian President Volodymyr Zelenskyy held separate meetings with the Prime Ministers of Norway, Finland, the United Kingdom, and the Czech Republic in Yerevan, the capital of Armenia, on May 3rd. During his meeting with British Prime Minister Keir Starmer, Zelenskyy stated that Ukraine is willing to launch the next round of trilateral negotiations, with achieving a just and dignified peace being its core demand. Zelenskyy and Starmer also discussed support for Ukraines energy sector. Zelenskyy briefed Starmer on the situation on the front lines and the Russian attacks on Ukraine, emphasizing the need for a unified European air defense system.U.S. Special Envoy Witkov: Washington is currently in dialogue with Iran.

A RETURN OF DOGE TO $0.10 WOULD SIGNAL A RETURN TO $0.12

Alina Haynes

Nov 09, 2022 17:52

 截屏2022-11-09 下午5.38.19.png

 

Dogecoin (DOGE) and shiba inu coin (SHIB) both experienced significant losses on Tuesday, with DOGE falling for the fourth straight session. With the demise of FTX and the SEC's victory in its case against LBRY, Twitter (TWTR) headlines took a backseat. The technical indicators became bearish, with DOGE and SHIB below their 200-day exponential moving averages (EMAs).

 

On Tuesday, dogecoin (DOGE) fell 20.68 percent. Following a drop of 3.07% on Monday, DOGE closed the day at $0.08822. Notably, DOGE closed below $0.10 for the first time in eleven sessions and extended its losing skid to four sessions.

 

After a bearish morning, DOGE reached a high of $0.1130 in the late afternoon. DOGE reached a late low of $0.07704 after failing to surpass the First Major Resistance Level (R1) at $0.1178. DOGE fell below the Day's Major Support Levels due to the prolonged sell-off. The Third Major Support Level (S3) at $0.08840 restrained DOGE late in the session.

 

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 beginning at 0 pips and commissions of $3.50 every 100k 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, Shiba inu coin (SHIB) fell by 13.90%. Following a loss of 0.34% on Monday, SHIB's closing price was $0.00001016.

 

SHIB reached a morning high of $0.00001189 despite a shaky start to the day. SHIB fell to a late-afternoon low of $0.000000923 after failing to surpass the First Major Resistance Level (R1) at $0.00001211. SHIB dropped below the day's Major Support Levels to less than $0.000010 before staging a partial rebound to close at $0.00001016.

 

As investors coped with the news of an FTX liquidity shortage, sentiment toward Twitter (TWTR) and Elon Musk took a back seat. FTX Token (FTT) sank to its lowest point since April 2020 before closing the day 75% down. The news that Binance planned to acquire FTX was somewhat reassuring, but it failed to restore market order.

 

Fears of contagion and the escalating danger of regulatory action have put DOGE and SHIB in the red. This morning, market conditions did not improve as investors awaited the initial effects of FTT's demise. However, it may take some time for investors to fully comprehend the effects of the FTT fall.

 

DOGE was down 1.05% at $0.08730 at the time of writing. The DOGE price rose to a day's high of $0.08983 before falling to a day's low of $0.08147.


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