XTI/USD
Speculators lowered the price due to demand concerns, although new sanctions on Iran limited the decline. On Thursday, the US imposed sanctions on Chinese and a network of Iranian firms, as well as some UAE companies that are helping to export Iranian petrochemicals, to force Tehran to return to nuclear deal talks. The technically accumulated interest in selling has already been worked out, we are waiting for an upward correction.
Speculators lowered the price due to demand concerns, although new sanctions on Iran limited the decline. On Thursday, the US imposed sanctions on Chinese and a network of Iranian firms, as well as some UAE companies that are helping to export Iranian petrochemicals, to force Tehran to return to nuclear deal talks. The technically accumulated interest in selling has already been worked out, we are waiting for an upward correction.