{"id":262282,"date":"2024-03-10T06:20:35","date_gmt":"2024-03-10T00:50:35","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=262282"},"modified":"2024-03-10T06:20:35","modified_gmt":"2024-03-10T00:50:35","slug":"dips-below-190-00-as-bears-regain-control-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/dips-below-190-00-as-bears-regain-control-crypto-news\/","title":{"rendered":"Dips below 190.00 as bears regain control &#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>GBP\/JPY&#8217;s descent under the 190.00 mark aligns with a broader downward trend, eyeing further technical levels.<\/strong><\/li>\n<li><strong>A pivotal close below the February 29 low could open paths towards 188.73 Kijun-Sen and beyond.<\/strong><\/li>\n<li><strong>Recovery hinges on reclaiming ground above 189.00, with resistances waiting at 189.71 and the early March highs.<\/strong><\/li>\n<\/ul>\n<p>The GBP\/JPY fell for the fourth straight day late in the North American session, set to finish the week with losses of 0.44%, below the 190.00 threshold. At the time of writing, the cross trades at 188.98, down 0.31%.<\/p>\n<h2 class=\"fxs_headline_medium\">GBP\/JPY Price Analysis: Technical outlook<\/h2>\n<p>After diving below February 29 low of 189.04, the GBP\/JPY has tilted to the downside, but sellers need to achieve a daily close below that level, so they test the Kijun-Sen at 188.73. Further losses are seen at 188.00, followed by the 50-day moving average (DMA) at 187.47.<\/p>\n<p>On the other hand, if buyers move in and the pair prints a close above 189.00, that could sponsor a leg up. The first resistance would be the Tenkan-Sen at 189.71, followed by the March 7 high at 190.14. the next ceiling level would be the March 4 high at 191.18.<\/p>\n<h2 class=\"fxs_headline_medium\">GBP\/JPY Price Action \u2013 Daily Chart<\/h2>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/image-638455296382979419.png\"><\/a><\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: GBP\/JPY&#8217;s descent under the 190.00 mark aligns with a broader downward trend, eyeing further technical levels. A pivotal close below the February 29 low could open paths towards 188.73 Kijun-Sen and beyond. Recovery hinges on reclaiming ground above 189.00, with resistances waiting at 189.71 and the early March highs. The GBP\/JPY fell for the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7199,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,298,257,276,409,255,250,252,247,253,249,308,256,254],"class_list":["post-262282","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-gbpjpy","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\/262282","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=262282"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/262282\/revisions"}],"predecessor-version":[{"id":262283,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/262282\/revisions\/262283"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/7199"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=262282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=262282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=262282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}