Dogecoin (DOGEUSDT) declined in its recent intraday trading, as it searches for a higher low that could serve as a base to regain positive momentum. The short-term trend remains upward, with ongoing support from trading above the 50-day SMA. Additionally, a bullish divergence is beginning to form in the Relative Strength Index after reaching extremely oversold levels relative to price movement, with early signs of a positive crossover.
Therefore we expect the price to rise in upcoming intraday sessions, as long as support at 0.2544 holds, targeting the resistance level at 0.29133.
Today's price forecast: Bullish.
Neiro (NEIROUSDT) declined in its recent intraday trading, as it searches for a higher low that could serve as a base to regain positive momentum. The latest drop found support at the 50-day SMA, while the Relative Strength Index has reached extremely oversold levels compared to price movement, indicating growing bullish momentum. The short-term trend remains upward, with price action following an ascending trendline.
Therefore we expect the price to rise in upcoming intraday sessions, as long as support at 0.0050000 holds, targeting the key resistance level at 0.00058742.
Expected trend for upcoming trading: Bullish.
Deere & Company (DE) stock declined in its latest intraday trading, under the influence of a short-term corrective downtrend and continued negative pressure from trading below the 50-day SMA. This bearish outlook is further reinforced by negative signals from the Relative Strength Index, despite it being deep in oversold territory, which supports continued downside scenarios.
Therefore we expect the stock to decline in upcoming sessions, as long as it remains below the $515.00 resistance level, targeting the support level at $485.00.
Today’s price forecast: Bearish.
Nike, Inc (NKE) stock rose again in its latest intraday trading, supported by continued positive momentum from trading above its 50-day SMA. The stock remains under the influence of a short-term corrective uptrend, trading along an ascending trendline. Additionally, the Relative Strength Index has reached extremely oversold territory relative to the stock’s movement, which strengthens the potential for further gains.
Therefore we expect the stock to rise in upcoming sessions, as long as support at $69.70 holds, targeting the key resistance level at $81.20.
Today’s price forecast: Bullish.