Algorand’s currency price (ALGOUSD) showed choppy movement in latest intraday trading, as it attempts to gather positive momentum that may help it overcome the negative pressure from the 50-period SMA. The price remains under the dominance of the main upward trend in the short term and continues to trade alongside a rising trend line. Meanwhile, a positive crossover has begun to emerge on the Stochastic, after reaching extremely oversold levels — exaggerated relative to the price action — signaling the early formation of a positive divergence.

Therefore we expect the currency to rise in upcoming intraday trading, as long as the support level of $0.2524 holds on, targeting the pivotal resistance of $0.3069 in preparation to attack it.

Today’s price forecast: Bullish

Hedera Hashgraph’s currency price (HBARUSD) rose in latest intraday trading, successfully overcoming the negative pressure of the 50-period SMA. The price continues to move under the dominance of the main upward trend and trades alongside a short-term rising trend line, supported by positive signals streaming from the Stochastic after reaching extremely oversold levels.

Therefore we expect the currency to rise in upcoming intraday trading, as long as it remains above $0.22309, targeting the pivotal resistance level of $0.26000 in preparation to attack it.

Today’s price forecast: Bullish

Dollar Tree, Inc.’s stock price (DLTR) declined in latest intraday trading, as the stock takes profits from recent gains and attempts to vent off some of its apparent overbought saturation on the Stochastic, especially with negative signals starting to emerge. This dip brought the price down to the support of the 50-day SMA, which may help it gather positive momentum for a potential rebound. The short-term outlook remains bullish, with the stock trading alongside a rising trend line.

Therefore we expect the stock to rise in upcoming trading, as long as the support of $101.85 holds on, targeting the first resistance level at $112.65.

Today’s price forecast: Bullish

Coca-Cola Company’s stock price (KO) declined in latest intraday trading, under continued negative pressure from trading below the 50-day SMA and within the grip of a short-term downward correctional trend. This comes alongside negative signals streaming from the Stochastic, despite it being in oversold territory.

Therefore we expect the stock to decline further in upcoming trading, as long as the resistance of $71.35 holds on, targeting the pivotal support level of $68.40.

Today’s price forecast: Bearish