{"id":184440,"date":"2023-10-31T18:24:03","date_gmt":"2023-10-31T12:54:03","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=184440"},"modified":"2023-10-31T18:24:03","modified_gmt":"2023-10-31T12:54:03","slug":"no-changes-to-the-range-bound-trade-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/no-changes-to-the-range-bound-trade-crypto-news\/","title":{"rendered":"No changes to the range bound trade &#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<p><strong>&#8211;\u00a0 DXY comes under further downside pressure and confronts 106.00.<\/strong><\/p>\n<p><strong>&#8211;\u00a0 The lower end of the range appears near 105.40.<\/strong><\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/us-dollar-index\"><strong>DXY<\/strong><\/a> drops for the third session in a row and puts the 106.00 support to the test on Tuesday.<\/p>\n<p>So far, extra side-lined trade looks the most likely scenario for the index for the time being. The breakout of this theme exposes a potential move to the weekly top at 106.89 (October 26), prior to the round level at 107.00 and just ahead of the 2023 high of 107.34 (October 3).<\/p>\n<p>Further weakness, on the other hand, could leave the index vulnerable to a probable drop to the October low of 105.36 (October 24).<\/p>\n<p>So far, while above the key 200-day SMA, today at 103.43, the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">outlook<\/a> for the index is expected to remain constructive.<\/p>\n<h2 class=\"fxs_headline_medium\">DXY daily chart<\/h2>\n<h2 class=\"fxs_headline_medium\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/Screenshot 2023-10-31 at 13.17.38-638343514628098098.png\"><\/a><\/h2>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: &#8211;\u00a0 DXY comes under further downside pressure and confronts 106.00. &#8211;\u00a0 The lower end of the range appears near 105.40. DXY drops for the third session in a row and puts the 106.00 support to the test on Tuesday. So far, extra side-lined trade looks the most likely scenario for the index for the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":8307,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,276,459,255,250,277,252,247,253,249,308,256,254],"class_list":["post-184440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-currencies","tag-dollarindex","tag-gta","tag-looks-rare","tag-majors","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-technical-analysis","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184440","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=184440"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184440\/revisions"}],"predecessor-version":[{"id":184442,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184440\/revisions\/184442"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/8307"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=184440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=184440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=184440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}