{"id":204048,"date":"2023-12-01T04:39:19","date_gmt":"2023-11-30T23:09:19","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=204048"},"modified":"2023-12-01T04:39:19","modified_gmt":"2023-11-30T23:09:19","slug":"downtrend-stalls-as-doji-suggests-bulls-entering-the-market-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/downtrend-stalls-as-doji-suggests-bulls-entering-the-market-crypto-news\/","title":{"rendered":"Downtrend stalls as doji suggests bulls entering the market &#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 pair shows signs of stabilization, trading flat at 161.33 in the early Friday Asian session.<\/strong><\/li>\n<li><strong>Despite recent losses, the overall uptrend remains intact, with bulls eyeing the Tenkan-Sen at 161.88 to reinforce the upward momentum.<\/strong><\/li>\n<li><strong>Bears aim to drive the pair below the Kijun-Sen at 161.00, with subsequent support at Senkou Span B (159.32) and the November monthly low (159.06).<\/strong><\/li>\n<\/ul>\n<p>The EUR\/JPY extends its losses for the fourth straight day, but price action seems to have formed a doji, suggesting the downtrend could be stalling ahead of the weekend. At the time of writing, the pair is trading at 161.33, flat as the Friday Asian session begins.<\/p>\n<p>The uptrend remains intact, even though the pair fell to a weekly low of 169.59. On its way south the EUR\/JPY broke key support levels like the Kijun-Sen at 161.00, which buyers later reclaimed, as the pair printed a close at 161.33.<\/p>\n<p>That said, bulls are in charge, but they must reclaim the Tenkan-Sen at 161.88, to cement the bullish bias and challenge 162.00. A breach of the latter will expose 163.00, before testing the November 27 high at 163.71.<\/p>\n<p>Conversely, bears need to push prices below the Kijun-Sen at 161.00. Once cleared, the next support emerges at the Senkou Span B at 159.32, followed by the November monthly low of 159.06.<\/p>\n<h2 class=\"fxs_headline_medium\">EUR\/JPY Price Analysis \u2013 Daily Chart<\/h2>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/image-638369821237598492.png\"><\/a><\/p>\n<h2 class=\"fxs_headline_medium\">EUR\/JPY Technical Levels<\/h2>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: EUR\/JPY pair shows signs of stabilization, trading flat at 161.33 in the early Friday Asian session. Despite recent losses, the overall uptrend remains intact, with bulls eyeing the Tenkan-Sen at 161.88 to reinforce the upward momentum. Bears aim to drive the pair below the Kijun-Sen at 161.00, with subsequent support at Senkou Span B [&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":[201,248,251,246,298,257,951,255,250,252,247,253,249,308,256,254],"class_list":["post-204048","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-eurjpy","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\/204048","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=204048"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/204048\/revisions"}],"predecessor-version":[{"id":204049,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/204048\/revisions\/204049"}],"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=204048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=204048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=204048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}