{"id":377438,"date":"2025-03-02T10:56:29","date_gmt":"2025-03-02T05:26:29","guid":{"rendered":"https:\/\/dripp.zone\/news\/pair-stabilizes-below-20-day-sma-sharp-weekly-decline-crypto-news\/"},"modified":"2025-03-02T11:50:41","modified_gmt":"2025-03-02T06:20:41","slug":"pair-stabilizes-below-20-day-sma-sharp-weekly-decline-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/pair-stabilizes-below-20-day-sma-sharp-weekly-decline-crypto-news\/","title":{"rendered":"Pair stabilizes below 20-day SMA, sharp weekly decline &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<ul>\n<li><strong>EUR\/USD posts mild movements after a volatile week, bouncing slightly after recent sharp losses.<\/strong><\/li>\n<li><strong>After facing a third rejection at the 100-day SMA, the pair plummeted to a two-week low, shedding over 0.70% before stabilizing.<\/strong><\/li>\n<li><strong>Key resistance stands at the 20-day SMA near 1.0420.<\/strong><\/li>\n<\/ul>\n<p>EUR\/USD closed the week with a slight recovery but remains in a vulnerable position after failing to sustain gains above the 100-day Simple Moving Average (SMA). The pair faced a decisive rejection at this level, which now appears to be converging with the 20-day SMA, increasing the likelihood of a bearish crossover.\u00a0<\/p>\n<p>Despite this downside pressure, by the end of the week, the pair stabilized just below the 20-day SMA, limiting further downside momentum. However, technical signals remain cautious, with the Relative Strength Index (RSI) in negative territory but flat, suggesting a temporary pause in the bearish momentum. Meanwhile, the Moving Average Convergence Divergence (MACD) histogram showed a fresh red bar, indicating the presence of selling pressure.<\/p>\n<p>Looking ahead, immediate resistance is seen at the 20-day SMA, which needs to be reclaimed for a sustained recovery. A break above this level could expose the 100-day SMA once again. On the downside, support is located at 1.0380, followed by 1.0350, a key level that could determine the next directional move.<\/p>\n<h2 class=\"fxs_headline_medium\">EUR\/USD daily chart<\/h2>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/image-638763564181460167.png\" target=\"_blank\"><\/a><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/USD posts mild movements after a volatile week, bouncing slightly after recent sharp losses. After facing a third rejection at the 100-day SMA, the pair plummeted to a two-week low, shedding over 0.70% before stabilizing. Key resistance stands at the 20-day SMA near 1.0420. EUR\/USD closed the week with a slight recovery but remains in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":372970,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,276,433,255,250,277,252,247,253,249,256,254],"class_list":["post-377438","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-eurusd","tag-gta","tag-looks-rare","tag-majors","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/377438","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=377438"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/377438\/revisions"}],"predecessor-version":[{"id":377455,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/377438\/revisions\/377455"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/372970"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=377438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=377438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=377438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}