{"id":192081,"date":"2023-11-12T03:02:43","date_gmt":"2023-11-11T21:32:43","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=192081"},"modified":"2023-11-12T03:02:43","modified_gmt":"2023-11-11T21:32:43","slug":"advances-for-the-fifth-day-secure-0-8700-as-solid-support-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/advances-for-the-fifth-day-secure-0-8700-as-solid-support-crypto-news\/","title":{"rendered":"Advances for the fifth day, secure 0.8700 as solid support &#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\/GBP maintains its upward momentum, trading at 0.8731, as it solidifies the 0.8700 level as a crucial support.<\/strong><\/li>\n<li><strong>The pair shows a bullish bias, but a failure to surpass the 0.8755 high could invite bearish activity.<\/strong><\/li>\n<li><strong>Key levels to watch include resistance at 0.8800 and 0.8834, with support at the 200-DMA of 0.8688 and the 50-DMA at 0.8657.<\/strong><\/li>\n<\/ul>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/eurgbp\">EUR\/GBP<\/a> climbed during Friday\u2019s session, extending its rally to five consecutive days, gaining so far 0.89% in the week, cementing the 0.8700 psychological level as solid support for the next week. At the time of writing, the cross-pair trades at 0.8731, up a decent 0.13%.<\/p>\n<p>The EUR\/GBP pair is bullish biased but downside risks remain. Unless buyers reclaim today\u2019s high at 0.8755, bears are lurking. In the event of a bullish resumption, the cross\u2019s first resistance would be the 0.8800 mark, followed by the May 3 high at 0.8834, followed by April\u2019s 25 high at 0.8875.<\/p>\n<p>Conversely, if EUR\/GBP drops below 0.8700, the first support would be the 200-day moving average (DMA) previously broken at 0.8688 followed by the 50-DMA at 0.8657, before diving to the latest cycle low of 0.8649.<\/p>\n<h2 class=\"fxs_headline_medium\">EUR\/GBP Price Analysis \u2013 Daily Chart<\/h2>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/image-638352398500153452.png\"><\/a><\/p>\n<h2 class=\"fxs_headline_medium\">EUR\/GBP Technical Levels<\/h2>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: EUR\/GBP maintains its upward momentum, trading at 0.8731, as it solidifies the 0.8700 level as a crucial support. The pair shows a bullish bias, but a failure to surpass the 0.8755 high could invite bearish activity. Key levels to watch include resistance at 0.8800 and 0.8834, with support at the 200-DMA of 0.8688 and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7899,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,298,257,276,927,255,250,252,247,253,249,308,256,254],"class_list":["post-192081","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-eurgbp","tag-gta","tag-looks-rare","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\/192081","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=192081"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/192081\/revisions"}],"predecessor-version":[{"id":192082,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/192081\/revisions\/192082"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/7899"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=192081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=192081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=192081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}