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Preliminary investigations by Iraqi security officials indicate that Iranian vessels loaded with explosives attacked two oil tankers in Iraqi waters.US-Israel-Iran Conflict: ① Iran 1. Iran dismantles armed groups colluding with the US and Israel. 2. The Iranian president reiterates that Iran has no intention of escalating the conflict. 3. Iran warns the US that it may be bogged down in a protracted war of attrition. 4. The Iranian president proposes three conditions to end the current war. 5. Iran claims the Strait of Hormuz remains under Iranian control. 6. Iranian Education Minister: US-Israel attacks have resulted in the deaths of 206 teachers and students. 7. Iran states it will no longer limit itself to reciprocal retaliation and will implement a "series of strikes." 8. The Iranian Revolutionary Guard confirms the deaths of several military personnel in the US-Israel attacks. 9. Iran claims its forces attacked US military facilities in Kuwait. 10. Iranian military: A significant portion of US and Israeli radar and air defense capabilities have been destroyed. 11. Iranian official: Mojtaba Khamenei sustained minor injuries but continues to work. 12. The Iranian Islamic Revolutionary Guard claims it conducted an operation against Israel in conjunction with Hezbollah in Lebanon. 13. The US threatened to attack Iranian civilian ports in the Strait of Hormuz; Iran responded that if that happened, all ports in the region would become "legitimate targets" for Iran. 14. According to Irans Tasnim News Agency: The Iranian Revolutionary Guard claimed to have fired on the Thai-flagged bulk carrier Mayuree Naree in the Strait of Hormuz. 15. A spokesperson for Irans Hatem Anbia Central Command stated that the US cannot control oil prices through "artificial means" and is prepared for oil prices to rise to $200 per barrel. 16. According to Irans Defapress news: Iranian Armed Forces spokesman Shekarchi vowed to retaliate against Israeli and US attacks on Iranian residential areas. 17. A spokesperson for Irans Hatem Anbia Joint Air Defense Command stated that Tehran will target "economic and banking centers" in the region associated with the US and Israel following the attack on Iranian banks. ②US 1. All six THAAD launchers deployed by US forces in South Korea have been moved out. 2. Trump stated that the US will "slightly" reduce its strategic petroleum reserves. 3. Trump stated that Iran has "nothing left to fight" and the war will end soon. 4. A preliminary internal US military investigation concluded that the attack on an Iranian school was a "mistake." 5. The governor of California stated that he was "aware" of the risk of Iranian drone attacks. 6. Rheinmetall estimated that the first round of US strikes against Iran cost $4 billion. 7. The US advised its citizens to consider leaving Lebanon amid regional tensions. 8. The US embassy warned of potential attacks on its citizens in Iraq and urged them to evacuate. 9. The US State Department stated that Iran and its supported groups may be planning attacks on US oil and energy infrastructure in Iraq. 10. US Central Command urged civilians in Iran to immediately avoid all port facilities where Iranian naval forces are operating. 11. US President Trump: We have dealt two heavy blows to the Iranian leadership. Oil prices will fall. The US militarys progress is far beyond expectations. 12. US President Trump: (Regarding the Iranian operation) We destroyed 58 Iranian naval vessels and 31 minelayers. We will not leave until the mission is complete; we do not want to repeat this every two years. ③ Israel 1. Israeli officials stated that the current assessment indicates the US has not yet instructed them to end the war. 2. The Israeli military claims to have attacked multiple targets, including the headquarters of the Iranian Islamic Revolutionary Guard Corps. 3. An IDF spokesperson stated that Israel still has a long list of Iranian targets to target. 4. The IDF: Following a situation assessment, the domestic frontline command announced that it can now leave protected areas throughout the country. ④ Other: 1. Australia closes its embassy in Israel. 2. Spain downgrades diplomatic relations with Israel. 3. Italian warships arrive in Cypriot waters. 4. A UN Security Council resolution demands that Iran cease its attacks on Gulf states. 5. The UN Security Council fails to pass a resolution submitted by Russia concerning Iran. 6. US diplomatic facilities in Baghdad, Iraq, are attacked by drones. 7. Ursula von der Leyen stated that the US-Israel-Iran conflict has cost Europe an additional €3 billion. 8. Italy explicitly refuses to participate in the attack on Iraq and plans to curb energy price premiums through taxes. 9. Iraqi militias claim to have attacked US targets, resulting in dozens of US casualties. 10. G7 leaders agree to coordinate action to restore freedom of navigation in the Gulf region. 11. Hezbollah leader pledges allegiance to Irans new Supreme Leader, Mojtaba. 12. British maritime security company Ambrey reports that oil storage facilities at Omans Salalah port have been attacked. 13. EU countries approve sanctions against 19 Iranian officials and entities. Iranian Foreign Ministry: This is neither illogical nor ethical. 14. Iraqi port officials report that two foreign oil tankers carrying Iraqi fuel oil were attacked by unidentified objects in Iraqi territorial waters, resulting in fires. 15. According to the Canadian Broadcasting Corporation (CBC): The Canadian Prime Minister stated that Canada will not participate in any attacks against Iran by the US and Israel, and will never participate in such actions. 16. UK Maritime Trade Operations Office reports that a cargo ship was hit by an unidentified flying object in the Strait of Hormuz, causing a fire on board. The ship has requested assistance, and the crew is evacuating. 17. Ukrainian President Zelenskyy stated that Russia may send troops to Iran, claiming that Moscow is already supporting Tehran with drones and may also provide missiles and air defense systems. Lebanon-Israel Conflict: 1. Israeli airstrikes in multiple locations in Lebanon caused dozens of casualties. 2. The Israeli military stated that it had launched a "large-scale" attack in the southern suburbs of Beirut, Lebanon. 3. The Israeli military claimed to have dropped approximately 200 rounds of ammunition on Hezbollah targets in Lebanon, killing several commanders. 4. European Commission President Ursula von der Leyen: €100 million in humanitarian aid is being provided to Lebanon. 5. Israel Defense Forces: Hezbollah launched rockets into multiple areas of Israel. The Israeli Air Force is intercepting them while simultaneously striking Hezbollah launchers and other infrastructure targets in Lebanon.Iraqi port officials say two foreign oil tankers carrying Iraqi fuel oil were attacked by unidentified forces in Iraqi territorial waters, resulting in fires.On March 12, Hungarian Foreign Minister Szijjártó posted a video on social media on March 11, stating that amidst extreme volatility in the global energy market, Ukraines military attack on the TurkStream gas pipeline located in Russia seriously threatens Hungarys energy security. He called Ukraines attack a "crime." He said the TurkStream pipeline is a crucial guarantee for Hungarys gas supply, and if the pipeline is not operational, Hungary will be unable to obtain gas. It is reported that in the past two weeks, Ukraine has launched twelve attacks on the TurkStream and Blue Stream gas pipelines. According to Russia, all attacks were unsuccessful, and the relevant infrastructure was undamaged.Security sources say two drones landed in the Maginot oil field in southern Iraq, with no casualties reported.

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.