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On August 27, Estonian Foreign Minister Margus Tsakhna stated that Estonias assessment of the military threat posed by Russia remains unchanged following CIA Director John Ratcliffes visit to Moscow on Tuesday. In a statement, he said, "Throughout the Russia-Ukraine conflict, US officials have met regularly with Russian representatives, therefore this visit by the CIA director should not be seen as a decisive event." Lithuanian President Gitanas Nauseda stated on Wednesday that the CIA directors visit may have been aimed at easing geopolitical tensions amid escalating sabotage in the region. This visit came after intelligence officials warned that Russian intelligence and security services were considering hybrid warfare operations against the Baltic states and Poland, potentially including infrastructure sabotage or false flag attacks.On August 27, Foreign Ministry Spokesperson Lin Jian held a regular press conference. Due to a mudslide disaster on the Nepalese side, causing significant casualties and missing persons at the Gyirong Port in Gyirong County, Shigatse City, Tibet, the spokesperson asked: Could the spokesperson provide information on Chinas disaster relief efforts? Has China communicated with Nepal? Does China have information on Chinese citizens affected in Nepal and foreign citizens affected within China? In response, Lin Jian stated that relevant departments of the Chinese government have activated a Level II national emergency response for disaster relief. Lin Jian also stated that the mudslide disaster has caused significant casualties and missing persons in both China and Nepal. China expresses its sincere condolences to the Nepalese government and the affected people. China is closely communicating and coordinating with Nepal to jointly carry out search and rescue work and will provide emergency assistance according to Nepals needs. According to information released locally, preliminary information indicates that 260 foreign citizens are currently missing in the affected area. Due to the severity of the disaster, specific information is still being further verified. Lin Jian stated that Chinas rescue work treats Chinese and foreign personnel equally and is maintaining communication with the embassies of relevant countries in China to keep them informed. Nearly 100 Chinese citizens are missing in the affected area on the Nepalese side. The Chinese Embassy in Nigeria is further verifying the information with the Nigerian side and issuing a consular alert.Ukrainian Railways: This shipment includes 170,000 tons of grain destined for Danube ports and 343,200 tons of grain destined for the western border.August 27 – Foreign Ministry Spokesperson Lin Jian held a regular press conference today. A reporter asked about high-level interactions between China and the United States. In response, Lin Jian stated that China and the United States are maintaining communication regarding arrangements for interactions between their heads of state this year.August 27th - According to the latest research from Omdia, smartphone shipments in Southeast Asia are projected to decline by 23% year-on-year to 19.3 million units in the second quarter of 2026, marking the lowest quarterly shipment level since 2014. Despite the significant drop in shipments, the market size has shown relative resilience, reaching $6.6 billion, while the average selling price (ASP) has increased by 31% year-on-year to $342.

DOGE Must Return to $0.0600 to Support the Breakout of DOGE and SHIB

Alina Haynes

Oct 20, 2022 15:18

 截屏2022-10-20 下午3.19.19.png

 

A three-day winning streak for shiba inu (SHIB) ended in Tuesday's negative session. DOGE, SHIB, and the broader crypto market were disadvantaged by US economic indices and company earnings. Technical indications remain negative, and Fed Fear continues to prevent a breakout from the present price ranges.

 

On Tuesday, dogecoin (DOGE) fell by 0.36 percent. DOGE finished the day at $0.05977, partially reversing Monday's 1.80% increase.

 

DOGE fell from an early morning high of $0.06030 to a midafternoon low of $0.05853 following a mixed start to the day. Finding support at the First Major Support Level (S1) around $0.0590, DOGE rebounded to a high of $0.06115 during the afternoon. At $0.0606, DOGE surpassed the First Major Resistance Level (R1) before falling back into negative territory.

 

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On Tuesday, Shiba inu coin (SHIB) fell 2.21 percent. Reversing Monday's gain of 1.07%, SHIB closed the day at $0.0000001017.

 

A positive beginning to the trading day caused SHIB to surge to a morning high of $0.00001051. SHIB fell to a late-afternoon low of $0.00000998 upon encountering the First Major Resistance Level (R1) at $0.00001051. At $0.00001025 and $0.00001010, SHIB broke through the First and Second Major Support Levels, respectively.

 

Nonetheless, due to late support, SHIB retook S2 and closed the day at $0.00001017.

 

On Tuesday, a lack of network news put DOGE and SHIB in the hands of investor sentiment. US economic indicators continued to reinforce the Fed's hawkish stance, causing Fed apprehension to overshadow US business profit outcomes.

 

The buyout of Twitter (TWTR) by Elon Musk continues to be the near-term focus point for DOGE investors. The acquisition could result in the addition of DOGE and potentially SHIB as acceptable payment methods.

 

Bearish mood carried over into today's session, as the NASDAQ Mini retreated from early highs in an attempt to gauge investor demand for risky assets.

 

At the time of writing, DOGE was trading at $0.05922, down 0.9%. DOGE reached an intraday high of $0.06019 before sliding to a daily low of $0.05899.

 

DOGE must surpass the $0.0598 pivot point in order to reach the First Major Resistance Level (R1) at $0.0611 and the Tuesday high at $0.06115. Nonetheless, crypto-friendly news and Fed discussion should support a breakout from the morning high of $0.06019.

 

DOGE should test the Second Major Resistance Level (R2) at $0.0624 and resistance at $0.0630 in the event of a protracted crypto market rise. The Third Major Resistance Level (R3) is now located at $0.0651.

 

The First Major Support Level (S1) at $0.0585 would remain in play if the pivot point is not passed. DOGE should avoid falling below $0.0575 and the Second Major Support Level (S2) around $0.0572, barring a further sell-off in the cryptocurrency market. Third Significant Support Level (S3) at $0.0546

 

At the time of writing, SHIB was trading at $0.00001005, down 1.18%. Beginning the day on a bearish note, SHIB dropped from an early high of $0.00001018 to a low of $0.00001002.

 

SHIB must surpass the $0.00001022 pivot point in order to reach the First Major Resistance Level (R1) at $0.00001046 and the Tuesday high at $0.00001054. To surpass the morning's high of $0.00001018, SHIB would require broader market support.

 

SHIB would test the Second Major Resistance Level (R2) at $0.0000107 in the event of a broad-based cryptocurrency market rise. The Third Major Resistance Level (R3) is currently located at $0.000001128.

 

In the event of a failure to pass through the pivot, the First Major Support Level (S1) at $0.00000993 would remain in play. SHIB should avoid sub-$0.0000098 and the Second Major Support Level (S2) at $0.000000968, barring a lengthy decline.