Dogecoin (DOGEUSD) advanced in recent intraday trading, continuing to benefit from its earlier breakout above a major short-term bearish trendline. The cryptocurrency remains supported by trading above its 50-period Simple Moving Average (SMA), which is acting as a dynamic support level and reinforcing the prospects for further gains in the near term. This bullish outlook is further supported by the emergence of a positive crossover on momentum indicators after the price successfully worked off its overbought conditions, providing additional room for the rally to extend.
Therefore, our outlook remains bullish for the cryptocurrency's upcoming intraday trading sessions, as long as support at $0.0715 remains intact. Under this scenario, the price is expected to target the key resistance level at $0.0780.
Today's price forecast: Bullish.
Coinbase Global, Inc. (COIN) edged cautiously higher in recent intraday trading, but negative pressure continues to dominate as the stock remains below its 50-day Simple Moving Average (SMA), reinforcing the stability and dominance of the primary medium-term bearish trend. Price action also continues to follow a descending trendline that supports the current downtrend. Meanwhile, momentum indicators are generating bearish signals after forming a bearish divergence following an excessively overbought reading relative to the stock's price action, adding further downside pressure.
Therefore, our outlook remains tilted to the downside for the stock's upcoming trading sessions, as long as resistance at $186.35 remains intact. Under this scenario, the stock is expected to target the key support level at $139.35.
Today's price forecast: Bearish.
PayPal Holdings, Inc. (PYPL) maintained its recent streak of gains in intraday trading, with the latest advance bringing the stock to a test of the important resistance level at $47.45. The stock continues to benefit from its earlier breakout above a major medium-term bearish trendline, while trading above its 50-day Simple Moving Average (SMA) provides dynamic support that strengthens the prospects for a successful breakout. Meanwhile, momentum indicators continue to generate positive signals despite remaining in extremely overbought territory.
Therefore, our outlook remains bullish for the stock's upcoming trading sessions, particularly if it succeeds in breaking above the $47.45 resistance level. A confirmed breakout could pave the way for a move toward the key resistance target at $52.30.
Today's price forecast: Bullish.
ASML Holding N.V. (ASML) surged higher in recent intraday trading after successfully holding above the key support level at $1,730. This rebound coincided with the stock finding support at its 50-day Simple Moving Average (SMA), providing fresh positive momentum that fueled the latest gains. The primary medium-term bullish trend remains firmly in control, while price action continues to move alongside a short-term ascending trendline that supports the current advance. Meanwhile, momentum indicators have begun to generate positive signals after previously reaching extremely oversold territory.
Therefore, our outlook remains bullish for the stock's upcoming trading sessions, as long as support at $1,730 remains intact. Under this scenario, the stock is expected to target the key psychological resistance level at $2,000.
Today's price forecast: Bullish.