The (Gold) price slipped lower in its last intraday trading, amid its trading within bearish correctional channel’s range on a short-term basis, with the continuation of the negative pressure due to its trading below EMA50, after offloading its clear oversold conditions on the (RSI), opening the way for recording more of the losses, breaking the support at $3,325 which represents our previous target.
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The (EURUSD) couldn’t keep its early gains, as it declined in its last intraday trading, after it succeeded in offloading clear oversold conditions on the (RSI), it is still under a negative pressure due to its trading below EMA50, on the other hand, the bullish correctional trend dominates the trading on the short-term basis.
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Polygon (MATICUSDT) price held higher in its latest intraday trading, under the dominance of a short-term bullish trend and moving along a supporting upward sloping line. The token is thus preparing to challenge the key and stubborn resistance level of $0.262, supported by dynamic backing from trading above its 50-day SMA, alongside the emergence of positive signals from the RSI indicators.
Therefore, we expect the token price to rise in its upcoming intraday trading, especially if it breaks through the mentioned resistance at $0.262, to then target the next resistance level at $0.306.
Today’s price forecast: Bullish
Alchemy Pay (ACHUSD) price advanced in its latest intraday trading, as the token attempts to recover part of its prior losses, while also trying to absorb some of the oversold conditions signaled by the RSI indicators, especially with positive signals starting to appear. However, negative pressure remains strong as price continues trading below its 50-day SMA and under the dominance of a short-term corrective bearish trend, with movement also occurring alongside a downward sloping trendline.
Therefore, we expect the token price to decline in its upcoming trading, as long as resistance holds at $0.022332, targeting the key support level of $0.019713.
Today’s price forecast: Bearish