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On June 21, Moheber, an advisor to Irans Supreme Leader, posted on social media on the 20th that all commitments in the Iran-US memorandum of understanding must be fully implemented and Irans national rights must be respected. He emphasized that if the memorandum of understanding remains merely on paper, then the flow of energy in the Middle East will also come to a standstill.June 21 - According to Iranian sources, Iranian Foreign Minister Araqchi met with Swiss Foreign Minister Cassis at Bilgensberg in Switzerland on the same day. The report stated that this was the first official event for the Iranian delegation in Switzerland.June 21 – According to the Islamic Republic News Agency (IRNA), Iranian Foreign Ministry spokesman Bagaei stated that the one-day Bilgence Summit in Switzerland will include a joint meeting of Iran, the United States, Qatar, and Pakistan in the afternoon. Todays meeting is a follow-up on the implementation of the memorandum of understanding reached with the United States. The United States failure to secure a ceasefire in Lebanon will be a central issue at the Swiss meeting. Other topics will also be discussed, including waivers for Iranian oil sales and the unfreezing of frozen Iranian assets.According to the Islamic Republic News Agency (IRNA), a spokesperson for the Iranian Foreign Ministry said that the meeting will also discuss other issues, including waivers for Iranian oil sales and the unfreezing of frozen Iranian assets.According to Japans Kyodo News, Japanese Prime Minister Sanae Takaichis cabinet approval rating has dropped to 55.8%, the lowest since she took office.

Initial DOGE Price Pressure Exists While Bulls Target a Return to $0.10

Daniel Rogers

Oct 28, 2022 15:21

截屏2022-10-28 下午3.22.41.png 

 

Dogecoin (DOGE) enjoyed another breakout day on Thursday, while shiba inu coin (SHIB) joined the broader cryptocurrency market in the red. Updates on Elon Musk's takeover of Twitter (TWTR) provided support for DOGE. The technical signs are optimistic, and investors in DOGE are anticipating a recovery to $0.10.

 

On Thursday, the price of dogecoin (DOGE) increased by 5.82%. Following a 15.22% increase on Wednesday, the closing price of DOGE was $0.07688. Notably, this is the first time since August 17 that DOGE has reached $0.085 per coin.

 

DOGE dropped to an early low of $0.07176 due to a mixed start to the day. DOGE rose to a late-day high of $0.08554 after avoiding the First Major Support Level (S1) at $0.0656. DOGE surpassed the First Major Resistance Level (R1) at $0.0767 and the Second Major Resistance Level (R2) at $0.0807 before closing below $0.080 for the day.

 

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Shiba inu coin (SHIB) dropped 1.39 percent on Thursday. SHIB closed the day at $0.000001064, partially reversing Wednesday's gain of 5.68%.

 

SHIB reached a mid-morning high of $0.00001185 after a strong start to the day. SHIB surpassed the First Major Resistance Level (R1) and the Second Major Resistance Level (R2) at $0.00001106 and $0.00001132, respectively. Nonetheless, a prolonged sell-off caused SHIB to drop to a late low of $0.00000057. SHIB avoided the First Major Support Level at $0.00001036 despite the reversal.

 

US economic indices and business earnings contributed to a negative cryptocurrency trading session, leaving SHIB in the red. However, Twitter (TWTR) acquisition-related market news releases continued to bolster the DOGE price.

 

Elon Musk reportedly took control of Twitter on Thursday, with CEO Parag Agrawal and CFO Neal Segal reportedly quitting the company.

 

Elon Musk's Twitter ambitions must be crypto-friendly in order to enable DOGE's ongoing ascent. We anticipate that any mention of DOGE as a payment method by Musk will signify a DOGE advance toward $0.10.


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