{"id":194749,"date":"2023-11-16T18:00:50","date_gmt":"2023-11-16T12:30:50","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=194749"},"modified":"2023-11-16T18:00:50","modified_gmt":"2023-11-16T12:30:50","slug":"another-drop-to-104-00-remains-in-store-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/another-drop-to-104-00-remains-in-store-crypto-news\/","title":{"rendered":"Another drop to 104.00 remains in store &#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 adds to Wednesday\u2019s recovery and revisits the mid-104.00s.<\/strong><\/p>\n<p><strong>&#8211;\u00a0 The resumption of the selling pressure initially targets 103.98.<\/strong><\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/us-dollar-index\"><strong>DXY<\/strong><\/a> manages to pick up extra pace and extends further the bounce off multi-week lows around 104.00 on Thursday.<\/p>\n<p>In case bears regain the upper hand, the breakdown of the November low of 103.98 (November 14-15) should pave the way for a quick test of the critical 200-day SMA at 103.61 prior to the weekly low of 102.96 (August 30).<\/p>\n<p>In the meantime, while above the key 200-day SMA, 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<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/Screenshot 2023-11-16 at 13.10.07-638357334117521468.png\"><\/a><\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: &#8211;\u00a0 DXY adds to Wednesday\u2019s recovery and revisits the mid-104.00s. &#8211;\u00a0 The resumption of the selling pressure initially targets 103.98. DXY manages to pick up extra pace and extends further the bounce off multi-week lows around 104.00 on Thursday. In case bears regain the upper hand, the breakdown of the November low of 103.98 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":48141,"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-194749","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\/194749","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=194749"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/194749\/revisions"}],"predecessor-version":[{"id":194751,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/194749\/revisions\/194751"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/48141"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=194749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=194749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=194749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}