{"id":214186,"date":"2023-12-17T02:20:43","date_gmt":"2023-12-16T20:50:43","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=214186"},"modified":"2023-12-17T02:20:43","modified_gmt":"2023-12-16T20:50:43","slug":"nzd-jpy-sees-slight-gains-and-recovers-100-day-sma-bears-take-a-breather-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/nzd-jpy-sees-slight-gains-and-recovers-100-day-sma-bears-take-a-breather-crypto-news\/","title":{"rendered":"NZD\/JPY sees slight gains and recovers 100-day SMA, bears take a breather &#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 NZD\/JPY hovers around 88.40, marking a gain of 0.30%\u00a0after recent bearish pressure.<\/strong><\/li>\n<li><strong>Key indicators gain ground, but bears are still in command in the short term.<\/strong><\/li>\n<li><strong>Despite short-term hurdles, evident by residing below the 20-day SMA, the NZD\/JPY pair remains within bullish controls in a larger context.<\/strong><\/li>\n<\/ul>\n<p>In Friday&#8217;s session, the NZD\/JPY made slight gains to 88.40 after dipping 1.30% over the past two days. Although the pair&#8217;s daily chart reflects a neutral to bearish trend, buyers seem to have control\u00a0of larger time frames. Meanwhile, the four-hour chart&#8217;s indicators hint at a bolstering buying momentum, suggesting more upward movements in the next sessions.<\/p>\n<p>On the daily chart view, the indicators send conflicting signals. Even though the pair is trading below the 20-day Simple Moving Average (SMA), hinting at a sense of weakness in the short-term perspective, it is holding position above both the long-term 100 and 200-day SMAs. This suggests that the bullish forces have the upper hand within the broader context. Nonetheless, the bears aren&#8217;t ceding control so easily &#8211; their effort in the last two sessions has seen the pair take a 1.30% dip. The flat Moving Average Convergence Divergence (MACD) and the positively sloping, yet still below its middle point, Relative Strength Index (RSI) underline a rising buying momentum, but one where the bulls need to push harder to assert their control in the short term.<\/p>\n<p>Moving to the four-hour chart, the indicators continue to reflect the same situation broadly. The Relative Strength Index (RSI) remains in the negative zone but its positive gradient suggests a potential for an upward shift in momentum. However, the MACD showing flat red bars emphasizes the need for a stronger surge from the buyers to set off a solid uptrend.<\/p>\n<h2 class=\"fxs_headline_medium\">NZD\/JPY daily chart<\/h2>\n<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: The NZD\/JPY hovers around 88.40, marking a gain of 0.30%\u00a0after recent bearish pressure. Key indicators gain ground, but bears are still in command in the short term. Despite short-term hurdles, evident by residing below the 20-day SMA, the NZD\/JPY pair remains within bullish controls in a larger context. In Friday&#8217;s session, the NZD\/JPY made [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":54117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,298,257,276,255,250,5192,252,247,253,249,308,256,254],"class_list":["post-214186","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-gta","tag-looks-rare","tag-nzdjpy","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\/214186","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=214186"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/214186\/revisions"}],"predecessor-version":[{"id":214187,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/214186\/revisions\/214187"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/54117"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=214186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=214186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=214186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}