Brent crude oil prices moves in sideways fluctuated on their last intraday levels, amid the dominance of the bullish corrective trend on the short-term basis, and there is dynamic pressure that is represented in its trading above EMA50, to gain bullish momentum that might help it to recover and rise again, and the negative signals that come from the relative strength indicators decelerate the rise of the price.
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Binance Coin (BNBUSD) declined slightly in its latest intraday trading under continued negative pressure from trading below the 50-day SMA and within the dominance of a short-term corrective bearish trend, with trading along a descending line. Meanwhile, the relative strength indicators have reached extremely overbought levels compared to the price movement, accompanied by the early appearance of a bearish crossover, which further intensifies the negative pressure around the cryptocurrency.
Therefore, we expect the cryptocurrency to decline in its upcoming intraday trading as long as the resistance level of $1,181.90 holds, targeting the key support level of $1,020.50.
Today’s price forecast: Bearish.
Toncoin (TONUSD) advanced cautiously in its latest intraday trading, supported by positive signals from the relative strength indicators. This rise brought the price to test resistance at the 50-day SMA while simultaneously retesting a main short-term descending trend line. However, the relative strength indicators have reached extremely overbought levels compared to the price movement, adding further negative momentum around the cryptocurrency.
Therefore, we expect the cryptocurrency to decline in its upcoming intraday trading as long as the resistance level of $2.3778 holds, targeting the key support level of $2.0168.
Today’s price forecast: Bearish.
Roblox Corporation (RBLX) stock slipped lower in its latest intraday trading, breaking a main short-term ascending trend line. This decline was accompanied by a drop below the previous 50-day SMA, exposing the stock to increased negative pressure. The move was also supported by a significant rise in trading volumes, confirming the validity of this technical breakdown, along with the appearance of a bearish crossover on the relative strength indicators.
Therefore, we expect the stock to decline in its upcoming trading sessions, especially if it breaks below the key support level of $112.00, targeting the next support level at $100.00.
Today’s stock forecast: Bearish.
