Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

End of day Bitcoin price (BTCUSD) forecast update - 10-12-2024

Economies.com
2024-12-10 16:22PM UTC

Bitcoin price (BTCUSD) resumes its negative trading to reach 95000.00$ barrier, waiting for more decline that targets testing 93405.00$ level as a first station, reminding you that breaking it will push the price towards 90670.00$ as a next target, while the expected decline will remain valid unless breaching 100140.00$ and holding above it.

End of day crude oil price forecast update - 10-12-2024

Economies.com
2024-12-10 16:21PM UTC

Crude oil price trades with clear positivity to attack 68.64$ and attempts to hold above it, which urges caution from the upcoming trading, as confirming the breach will push the price to achieve additional gains that extend to 70.58$, while the price needs to trade below 68.64$ again to revive the negative scenario that its first target located at 67.00$.

Stellar price seeks a bottom to rebound - Forecast today - 10-12-2024

Economies.com
2024-12-10 12:46PM UTC

Stellar’s currency price (XLMUSD) fell in the intraday levels while seeking a bottom to bounce it higher anew, amid the dominance of the upward short-term trend, with positive pressure due to trading above the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels. 

 

Therefore we expect the price to return higher, targeting the pivotal resistance of $0.638980, provided the support of $0.339551 holds on.

 

Trend forecast for today: Likely Bullish 

Avalanche price tries to gather positive momentum - Forecast today - 10-12-2024

Economies.com
2024-12-10 12:45PM UTC

Avalanche’s currency price (AVAXUSD) fell in the intraday levels, amid the dominance of the upward trend in the short term, with positive pressure due to trading above the 50-day SMA, while the price tries to gather positive momentum to rise anew, as the RSI reached oversold levels compared to the price’s movements. 

 

Therefore we expect the price to return higher and target the resistance of $55.86, provided the support of $37.26 holds on.

 

Trend forecast for today: Likely Bullish