The price of (crude oil) rose in its last intraday trading, reaching the resistance of EMA50, affected by breaking main bullish trend line on short-term basis, which reduces the chances of sustainable recovery on near-term basis, especially with the emergence of negative signals from relative strength indicators, after forming negative divergence after reaching exaggerated overbought levels compared to the price move, adding negative pressure on the price.

XRPUSD price recorded a decline in its latest intraday trading, coming under negative pressure from RSI and Stochastic signals, while attempting to form a higher low that could act as a base for renewed positive momentum and recovery. The pullback found support at a short-term corrective upward trend line, in addition to dynamic support from the 50-day SMA, which improves the chances of a near-term rebound.

Therefore we expect the cryptocurrency price to rise in upcoming intraday trading, provided that support at $1.4340 holds, targeting the key resistance level at $1.6500.

Today’s price forecast: Neutral

AT&T (T) stock price recorded a slight decline in its latest intraday trading, as the stock is taking a pause to collect gains after its previous rise, while attempting to unwind part of its clearly overbought conditions on RSI and Stochastic. This pullback comes as part of a positive reset that could help the stock resume its strong upward movement in the near term, amid the dominance of a sharp short-term upward wave and continued positive support from trading above the 50-day SMA.

Therefore we expect the stock price to rise in upcoming trading, as long as support at $27.50 holds, targeting the key resistance level at $29.80.

Today’s price forecast: Bullish

Tesla, Inc. (TSLA) stock price recorded a decline in its latest intraday trading, after the stock previously broke a major upward trend line, adding technical weakness. The price remains under negative and dynamic pressure as it continues to trade below the 50-day SMA, which reduces the chances of a sustainable recovery in the near term, especially with RSI and Stochastic showing a fresh negative crossover after reaching strongly overbought levels.

Therefore we expect the stock price to fall in upcoming trading, as long as resistance at $436.35 holds, targeting the key support level at $373.75.

Today’s price forecast: Bearish