EUR/USD 1.15579
-0.259%
Gold 4501.57
-3.165%
Oil 96.968
2.893%
USD/JPY 159.297
0.997%
GBP/USD 1.33332
-0.723%
GBP/JPY 212.398
0.318%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
U.S. Agriculture Secretary Rawlings: More announcements related to increased fertilizer shipments will be released.March 22 – The Australian government stated on the 22nd that although fuel imports have been impacted by the conflict with Iran, supplies remain sufficient and there are no plans for rationing. Regarding the panic buying of gasoline in a few areas, the government urged the public to refuel rationally. Australian Climate Change and Energy Minister Chris Bowen said in a television interview that as of the 21st, the countrys reserves of petrol, diesel, and aviation fuel were sufficient for 38 days, 30 days, and 30 days respectively, and fuel supplies remained "strong."Market news: Fannie Mae and Freddie Mac have made large-scale purchases of mortgage-backed securities.March 22 - Iranian President Ayatollah Peschizian posted on social media this evening (March 22), stating that "attempts to wipe Iran off the map are a desperate trampling on the will of a nation that makes history. Threats and intimidation will only strengthen Irans unity. The Strait of Hormuz is open to everyone except those who violate Iranian territory. Iran will resolutely confront these insane threats on the battlefield."On March 22, U.S. Treasury Secretary Bessenter defended the U.S. and Israels attacks on Iranian infrastructure, claiming that "sometimes you have to escalate to de-escalate." This came shortly after Trump gave Iran 48 hours to open the Strait of Hormuz and threatened to destroy its power plants. Bessenter defended Trumps remarks, saying it was "the only language the Iranians understand." Bessenter also addressed Kharg Island, a key hub for Iranian oil production, claiming that "all options are being considered," including sending U.S. troops to control the island. Bessenter further defended the decision to ease some sanctions on Iran, claiming it was a "soft approach" to the Iranians—using their own oil to retaliate against them.

XRP Bears Target a Return to Sub-$0.38 on Binance and US CPI Jitters

Cory Russell

Dec 13, 2022 15:38

微信截图_20221213104201.png


XRP was back in the red this morning after a NASDAQ Index-driven recovery on Monday as investors awaited information on Binance ahead of the CPI Report.


XRP increased on Monday by 1.44%. XRP finished the day at $0.3868, reversing a loss of 1.35% from the previous day. For the third session in a row, the price of XRP was below $0.39.


XRP experienced a negative start to the day, dropping to an early morning low of $0.3711. At $0.3768 and $0.3724, respectively, the First Major Support Level (S1) and Second Major Support Level (S2) were breached by XRP. However, XRP increased to a late high of $0.38967 after receiving support from a wider market. Before falling back to close the day at less than $0.3870, XRP broke through the First Major Resistance Level (R1) at $0.3872.

A bullish XRP session is delivered by Binance and the NASDAQ Index

Investors were not diverted from the cryptocurrency news wires by updates in the SEC v. Ripple lawsuit, which is still pending.


Investor mood was affected by reports of anomalous behavior on the Binance exchange and a Reuters report that US authorities planned to press charges for financial offences.


Prior to today's US CPI Report, the NASDAQ Index provided much-needed support. Through the afternoon session, demand for riskier assets was driven by expectations of lower inflation numbers and a Fed shift.


The US CPI Report and the NASDAQ Index will serve as today's primary sources of guidance because the SEC v. Ripple case has not yet produced any new developments. Investor concerns following Monday's optimism may put buyer interest to the test before today's data.


Suggestion