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On June 1, local time, the governor of Russias Murmansk Oblast announced that the state was attacked by drones. The governor is currently on his way to Olenegorsk, the city of Murmansk in the state, and the local air defense system has been activated to respond to the drone attack. Earlier on June 1, an insider of the Ukrainian Security Service said that Ukraines special operation code-named "Spider Web" took 18 months to plan and implement, and successfully destroyed 41 Russian strategic bombers. The operation was personally coordinated by Zelensky and directly implemented by the Security Service Director Malyuk.U.S. Treasury Secretary Benson: The United States will never default on its debt.A U.S.-backed group called reports of deaths near an aid center in Gaza "false."June 1, according to the Financial Times, British Business and Trade Minister Jonathan Reynolds will urge the Trump administration next week to reach an agreement as soon as possible to reduce British steel export taxes to zero, after Trump doubled steel tariffs to 50%. British officials said it is still "unclear" how the new policy will hit the British steel industry and its 400 million pounds of exports to the United States. But the outlook is not optimistic, and British officials admit that "trade agreements usually take several months to take effect." Reynolds will meet with US Trade Representative Greer in Paris during the OECD meeting next week to determine the "timetable" for the implementation of the so-called Economic Prosperity Agreement. "The steel situation remains unclear," said a British official, while another official said that London is particularly focused on persuading Trump to speed up another agreement to cut British car tariffs.June 1, Ukrainian drones attacked several Russian military airports on Sunday, including the Belaya military base deep in eastern Siberia, according to Ukrainian Security Service sources. More than 40 aircraft, including A-50, Tu-95 and Tu-22 M3, were damaged in the operation, with losses of about $2 billion. Vasyl Malyuk, head of the Ukrainian security service, led the operation. The attack came after Ukraine suffered the longest drone and missile attack from Moscow and the day before ceasefire talks planned in Istanbul.

Price Action in DOGE and SHIB Determined by Twitter and Elon Musk News

Daniel Rogers

Nov 07, 2022 17:53

 截屏2022-11-07 下午5.45.11.png

 

Sunday was a bearish session, with dogecoin (DOGE) falling for the fourth time in five sessions. The news that Twitter halted its crypto integration plans continued to weigh on the market, with bearish sentiment in the broader market contributing to the decline. However, technical indications remained optimistic, requiring a rebound to $0.15 for DOGE investors to retarget $0.20.

 

On Sunday, dogecoin (DOGE) lost 7.79% of its value. Following a loss of 1.33% on Saturday, DOGE closed the week at $0.1148, down 2.54%. Notably, DOGE avoided falling below $0.10 for the ninth session in a row.

 

After a range-bound morning, DOGE surged to a high of $0.1277 by early afternoon. DOGE fell to a final-hour low of $0.1119, failing to surpass the First Major Resistance Level (R1) at $0.1335. At $0.1177, DOGE fell through the First Major Support Level (S1). DOGE found support at the Second Major Support Level (S2) at $0.1110 and closed at $0.1148.

 

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 beginning at 0 pips and commissions of $3.50 every 100k 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 Sunday, the value of Shiba inu currency (SHIB) decreased by 4.98 percent. Following a loss of 0.40% on Saturday, SHIB closed the week at $0.00001184, down 0.67 percent.

 

SHIB surged to a high of $0.00001290 in the early afternoon hours, mirroring the price of DOGE. SHIB failed to surpass the First Major Resistance Level (R1) at $0.00001305 and fell to an intraday low of $0.00001175. SHIB dropped below the First Major Support Level (S1) at $0.00001201 and closed the session at $0.00001184.

 

The crypto news wires were again silent on that day. The absence of news placed Twitter (TWTR) and Elon Musk in the spotlight.

 

The news that Twitter halted development of a crypto wallet to accommodate DOGE and other cryptocurrencies was unfavorable for DOGE. DOGE and SHIB have also been negatively impacted by investor opinion about Elon Musk's post-acquisition modifications.

 

Advertiser defections pose the possibility of precipitous income stream declines, which could damper the optimistic outlook for DOGE adoption. It is also unknown how the increased $8 cost for the coveted blue check verification marks would affect user numbers.


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