Algorand’s currency price (ALGOUSD) skidded in the intraday levels, breaching the upside short-term trend line, with negative signals from the RSI despite reaching oversold levels, coupled with negative pressure from trading below the 50-day SMA, doubling negative pressures. 

Therefore we expect more losses for the price, targeting the pivotal resistance of $0.2824, provided the resistance of $0.4317 holds on.

Trend forecast for today: Bearish 

Hedera Hashgraph’s currency prie (HBARUSD) tumbled in the intraday levels, while trying to gather momentum to rise anew, with negative signals from the RSI despite reaching oversold levels compared to the price’s movements, while leaning on the support of the 50-day SMA as it tries to gather positive momentum.

Therefore we expect the price to return higher, targeting the pivotal resistance of $0.39302107, provided the support of $0.25591772 holds on.

Trend forecast for today: Likely Bullish

Bonk’s currency price kept falling in the intraday levels, amid the dominance of the downward correctional trend in the short term, while leaning on the support of $0.00002479, amid negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels. 

Therefore we expect more losses for the price, provided the aforementioned support of $0.00002479 was breached, thus targeting the pivotal support of $0.00001506.

Trend forecast for today: Bearish 

Sui’s currency price (SUIUSD) kept falling in the intraday levels amid the dominance of the downward correctional wave in the short term, with negative signals from the RSI despite reaching oversold levels, while breaching the support of $3.93363673, amid negative pressure due to trading below the 50-day SMA.

Therefore we expect more losses for the price, provided it settles firmly below $3.93363673, thus targeting the support of $2.97899720.

Trend forecast for today: Bearish