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After the meeting with US President Trump on February 28 local time ended unpleasantly, Ukrainian President Zelensky spoke with French President Macron and NATO Secretary-General Rutte on the phone. He will also attend the European Summit in London, England this weekend and meet with European leaders. Macron, who is visiting Portugal, told the media, "We must thank all those who have helped and respected those who have been fighting from the beginning." German Chancellor Scholz said, "Ukraine can rely on Germany and Europe." Spanish Prime Minister Sanchez said, "Spain stands with Ukraine." European Commission President von der Leyen and Polish Prime Minister Tusk said, "Ukraine is not alone." In addition, many European leaders have expressed support for Zelensky. But there are also leaders such as Italian Prime Minister Meroni who said that "the United States, European countries and other allies should hold a summit immediately." Hungarian Prime Minister Orban expressed support for Trump.According to the Indonesian Meteorological, Climate and Geophysical Bureau, a magnitude 6.0 earthquake occurred in the Banda Sea of Indonesia at 4:58 a.m. local time on March 1, with a focal depth of 158 kilometers.U.S. Commodity Futures Trading Commission (CFTC): As of the week ending February 25, stock fund managers reduced their net long positions in the S&P 500 CME by 35,958 contracts to 912,052 contracts. Speculators reduced their net short positions in the S&P 500 CME by 25,964 contracts to 339,937 contracts.U.S. Commodity Futures Trading Commission (CFTC): As of the week ending February 25, investors reduced their net long positions in WTI crude oil by 33,003 contracts to 39,308. NYMEX and ICE natural gas net long positions decreased by 33,920 contracts to 328,116.U.S. Commodity Futures Trading Commission (CFTC): As of the week ending February 25, speculators net long positions in COMEX gold fell by 7,604 contracts to 194,357. Investors net long positions in COMEX silver fell by 6,408 contracts to 32,993. Investors net long positions in COMEX copper fell by 8,390 contracts to 18,205.

DOGE and SHIB Find Support Early on, with DOGE Eyeing a Return to $0.15

Alina Haynes

Oct 31, 2022 16:32

 截屏2022-10-31 下午4.09.43.png

 

On Sunday, dogecoin (DOGE) traded in the red for the first time in six sessions. While Elon Musk's acquisition of Twitter (TWTR) remained good for DOGE and SHIB, Fed Fear led to profit-taking ahead of Monday's session. The indications are optimistic, and DOGE investors are anticipating a recovery to $0.20.

 

On Sunday, dogecoin (DOGE) dropped 3.34 percent. DOGE concluded the week up 94.97% to $0.1177, partially retracing Saturday's 45.24% rise. DOGE avoided falling below $0.10 for the first time since May.

 

DOGE reached a mid-morning high of $0.1435 after a strong start to the day. DOGE reached a late-afternoon low of $0.1110, falling short of the First Major Resistance Level (R1) at $0.1550. Nonetheless, avoiding the First Major Support Level (S1) at $0.0857, DOGE retested $0.1199 before retreating.

 

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. Spreads for index CFDs 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 Sunday, Shiba inu coin (SHIB) fell 7.74%. SHIB closed the week up 17.21% to $0.00001192, somewhat erasing Saturday's 10.33% increase.

 

Following the larger market, SHIB reached an intraday high of $0.00001393 before reversing course. SHIB fell to a late low of $0.00001159, failing to surpass the First Major Resistance Level (R1) at $0.00001489. Nonetheless, avoiding the First Major Support Level (S1) at $0.00001124, SHIB revisited $0.00001199 prior to retreating.

 

DOGE and SHIB ended the session in the negative due to the pessimistic mindset of crypto market investors. However, the decline was moderate relative to the week's gains. The acquisition of Twitter (TWTR) by Elon Musk encourages future price gains. Investors expect Twitter to support DOGE and SHIB transactions.

 

With more than 200 million monetizable daily active users, Twitter's adoption of DOGE and SHIB payments should expand dramatically. As of the 30th of October, the total number of DOGE and SHIB holders was 5.68 million.

 

While investor mood surrounding the Fed's policy announcement on Wednesday will challenge buying enthusiasm, DOGE and SHIB remain optimistic on Twitter.


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