Dogecoin (DOGEUSD) declined in its latest intraday trading, as the main bearish trend continues to dominate the short term, with price action moving alongside a minor downward trendline that supports this path. Negative signals are coming from the RSI, despite reaching deeply oversold levels, while the price has started to break below its 50-period SMA, exposing it to additional downside pressure in the near term.

Therefore we expect the cryptocurrency price to decline further in the upcoming intraday trading, as long as resistance at 0.1345 holds, to target the first support level at 0.1255.

Today’s price forecast: Bearish

Ethereum Classic (ETCUSD) declined in its latest intraday trading, remaining under persistent negative pressure as it continues to trade below its 50-period SMA, which prevented the price from recovering during its previous movements. This comes amid the dominance of the main bearish trend in the short term, with price action moving alongside a minor downward trendline, reinforcing the stability of this negative path. At the same time, negative signals continue to emerge from the Stochastic indicator, despite its presence in extremely oversold levels.

Therefore we expect the cryptocurrency price to decline further in the upcoming intraday trading, especially if it breaks below the current support at 11.90, to target the key support level at 11.45.

Today’s price forecast: Bearish

Lyft, Inc. (LYFT) surged in its latest intraday trading after the pivotal support level at $18.85 held, providing the stock with positive momentum that helped it achieve these gains. This move was supported by the emergence of positive signals from the RSI indicators after they had reached extremely oversold levels. The stock is also trading under the dominance of the main medium-term ascending trend, moving alongside a supporting trendline. However, on the other hand, the stock continues to face negative pressure from trading below its 50-day SMA, which threatens the sustainability of any future gains.

Therefore we expect the stock price to rise in its upcoming trading, provided that the mentioned support level at $18.85 remains intact, targeting the nearby resistance level at $21.00, after which expectations turn neutral pending new signals.

Today’s price forecast: Bullish

FedEx Corporation (FDX) advanced in its latest intraday trading, supported by positive signals from momentum indicators after the stock succeeded in offloading its overbought conditions, giving it more room to extend gains. This comes amid the dominance of a short-term corrective uptrend, with the stock moving along a supportive trend line, while maintaining dynamic support from trading above its 50-day SMA.

Therefore we expect the stock price to rise in its upcoming trading, as long as it remains above the support level at $268.70, targeting the key resistance level at $304.75.

Today’s price forecast: Bullish