{"id":152983,"date":"2023-09-10T08:55:10","date_gmt":"2023-09-10T03:25:10","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=152983"},"modified":"2023-09-10T08:55:10","modified_gmt":"2023-09-10T03:25:10","slug":"bull-needs-to-retake-the-20-day-further-downside-on-the-horizon-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bull-needs-to-retake-the-20-day-further-downside-on-the-horizon-crypto-news\/","title":{"rendered":"Bull needs to retake the 20-day, further downside on the horizon &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<ul>\n<li><strong>EUR\/JPY advanced towards 158.15, setting a 0.40% weekly gain.<\/strong><\/li>\n<li><strong>The cross was rejected by the 20-day SMA the whole week.<\/strong><\/li>\n<li><strong>The daily charts flash signals of exhaustion.<\/strong><\/li>\n<\/ul>\n<p>At the end of the week, the EUR\/JPY cross advanced to the 158.15 area, seeing 0.40% daily and weekly gains.<\/p>\n<p>The daily charts suggest a neutral to bullish outlook for the cross, as the EUR\/JPY\u2019s bulls were constantly rejected by the 20-day Simple Moving Average (SMA) of 158.30 since Monday. In that sense, bulls are starting to lose steam as the Relative Strength Index (RSI) has a positive slope slightly above its midline, while the Moving Average Convergence (MACD) exhibits\u00a0red bars.<\/p>\n<p>On the other hand, the pair above the 100 and 200-day SMAs suggest that the bulls are comfortably in command over the bears on the bigger picture. If the bulls fail to retake the 20-day SMA, the 157.00 zone is open for a retest, followed by the 156.00 and 155.00 areas. Above the 20-day average, the resistance line up at the cycle\u2019s peak at 158.00, followed by 158.50 and 159.00.<\/p>\n<h2 class=\"fxs_headline_medium\">EUR\/JPY Daily Chart<\/h2>\n<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: EUR\/JPY advanced towards 158.15, setting a 0.40% weekly gain. The cross was rejected by the 20-day SMA the whole week. The daily charts flash signals of exhaustion. At the end of the week, the EUR\/JPY cross advanced to the 158.15 area, seeing 0.40% daily and weekly gains. The daily charts suggest a neutral to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6741,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,298,257,276,951,255,250,252,247,253,249,256,254],"class_list":["post-152983","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-crosses","tag-cryptocurrency","tag-currencies","tag-eurjpy","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/152983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=152983"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/152983\/revisions"}],"predecessor-version":[{"id":152984,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/152983\/revisions\/152984"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/6741"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=152983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=152983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=152983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}