{"id":196231,"date":"2023-11-19T00:11:58","date_gmt":"2023-11-18T18:41:58","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=196231"},"modified":"2023-11-19T00:11:58","modified_gmt":"2023-11-18T18:41:58","slug":"fridays-bullish-close-looking-for-a-rebound-into-98-00-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/fridays-bullish-close-looking-for-a-rebound-into-98-00-crypto-news\/","title":{"rendered":"Friday&#8217;s bullish close looking for a rebound into 98.00 &#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>The AUD\/JPY saw a late break higher in Friday&#8217;s broad-market sentiment recovery.<\/strong><\/li>\n<li><strong>The Aussie is catching a bounce from the 200-hour SMA and a rising trendline.<\/strong><\/li>\n<li><strong>The technicals are leaning bullish with more upside on the cards, but headwinds remain.<\/strong><\/li>\n<\/ul>\n<p>The AUD\/JPY snuck over the 97.50 level just ahead of the Friday closing bell, trying to claw back some of the midweek&#8217;s losses after the pair tumbled from a Wednesday peak of 98.66.<\/p>\n<p>The AUD\/JPY closed out the trading week with some gains, up nearly 1.2% from Monday&#8217;s opening bids near 96.40, but the back half of the week was marred by a 1.75% decline that only saw a minor paring back in late Friday trading.<\/p>\n<p>With the Aussie (AUD) bouncing off a technical confluence of the 200-hour Simple Moving Average (SMA) and a rising trendline drawn from late October&#8217;s swing low into 94.25, the pair is set for a bullish continuation as long as broad-market fundamentals keep <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/technical-analysis\/sentiment\/risk-appetite\">risk appetite<\/a> on the high side.<\/p>\n<p>Daily candlesticks are flashing warning signs that the current bullish push could be running out of gas.<\/p>\n<p>The AUD\/JPY is at risk of getting pulled back towards the 50-day SMA near 95.50, and long-term technical support is far below current price action at the 200-day SMA rising from 93.00.<\/p>\n<p>November&#8217;s rise out of October&#8217;s consolidation phase could face a near-term bearish breakdown, with the last swing low into the 96.00 handle acting as the immediate support level for bears to beat.<\/p>\n<h2 class=\"fxs_headline_medium\">AUD\/JPY Hourly Chart<\/h2>\n<\/p>\n<h2 class=\"fxs_headline_medium\">AUD\/JPY Daily Chart<\/h2>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/AUD_JPY-638358547667621028.png\" style=\"width: 898px;height: 697px\" \/><\/p>\n<h2 class=\"fxs_headline_medium\">AUD\/JPY Technical Levels<\/h2>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: The AUD\/JPY saw a late break higher in Friday&#8217;s broad-market sentiment recovery. The Aussie is catching a bounce from the 200-hour SMA and a rising trendline. The technicals are leaning bullish with more upside on the cards, but headwinds remain. The AUD\/JPY snuck over the 97.50 level just ahead of the Friday closing bell, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":8964,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[1169,201,248,251,246,298,257,255,250,252,247,253,249,308,256,254],"class_list":["post-196231","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-audjpy","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-crosses","tag-cryptocurrency","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\/196231","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=196231"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/196231\/revisions"}],"predecessor-version":[{"id":196233,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/196231\/revisions\/196233"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/8964"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=196231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=196231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=196231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}