Alchemy Pay (ACHUSD) settled lower in its latest intraday trading, attempting to build positive momentum that could help it recover and climb again. At the same time, it is unwinding overbought conditions on the RSI, especially with bearish signals emerging. The price is finding support at the 50-day SMA, while being influenced by a positive short-term technical setup — an inverted head and shoulders pattern — which reinforces the chances of extending its corrective bullish move.
Therefore, we expect the cryptocurrency to rise in upcoming trading, targeting the key resistance level of 0.019283 as the projected objective of the inverted head and shoulders pattern.
Today’s price forecast: Bullish.
CrowdStrike Holdings (CRWD) advanced in its latest intraday trading, supported by continued movement above the 50-day SMA, within the control of a primary uptrend and trading along a short-term ascending trendline. The recent rise also follows the stock’s earlier success in unwinding overbought levels on the RSI, providing wider room for additional gains in the near term.
Therefore, we expect the stock to rise in upcoming trading, as long as support at 469.00 holds, targeting the key resistance level at 517.95.
Today’s price forecast: Bullish.
Rivian Automotive (RIVN) declined in its latest intraday trading, as the stock booked profits from prior gains while attempting to build positive momentum for a potential rebound. It is also working off its clear overbought levels on the RSI, where a bearish crossover has begun to appear. Despite this, the stock maintains positive pressure from trading above the 50-day SMA and remains within the control of a medium-term uptrend, moving along a supportive trendline.
Therefore, we expect the stock to rise in upcoming trading, as long as support at 14.50 holds, targeting the key resistance level at 16.65.
Today’s price forecast: Bullish.
Illumina, Inc. (ILMN) slipped lower in its latest intraday trading, pressured by trading below the 50-day SMA, confirming the breakdown of a short-term corrective uptrend line and erasing near-term recovery prospects. Additional downside pressure is reinforced by bearish signals on the RSI, despite reaching heavily oversold levels, which may temporarily slow further losses.
Therefore, we expect the stock to decline in upcoming trading, especially if it breaks below the current support at 92.20, targeting the next support at 80.20.
Today’s price forecast: Bearish.