Ethereum Classic (ETCUSD) stock price recorded choppy movements in its latest intraday trading, as the price attempts to build positive momentum that could help it recover and move higher again. During this process, the price has managed to unwind its overbought conditions on the RSI, indicating the formation of renewed positive momentum on the very short term, under the control of a short-term corrective upward wave, while maintaining dynamic support from trading above its SMA50.

Therefore we expect the cryptocurrency price to rise in upcoming intraday trading, as long as it remains stable above the $12.40 support level, to target the first resistance at $13.10, with strong chances for a breakout. If that occurs, the next target would be the $13.75 resistance level.

Today’s price forecast: Bullish

Dogecoin (DOGEUSD) price recorded a decline in its latest intraday trading, amid incoming negative signals from the RSI. However, we note that the indicator has reached extremely oversold levels compared to price action, suggesting a rapid fading of the surrounding negative momentum in the very short term. The price is currently undergoing a profit-taking phase after its previous gains, while attempting to search for a rising bottom that could form a base to help it regain the positive momentum needed to resume its recovery, under the control of a strong short-term upward sub-wave.

Therefore we expect the cryptocurrency price to rise in upcoming intraday trading, as long as the $0.1417 support level remains intact, to target the key resistance at $0.1555.

Today’s price forecast: Bullish

Dow Inc. (DOW) stock price recorded further gains in its latest intraday trading, amid the dominance of a corrective upward trend and price action moving along a short-term supportive minor trend line. This comes alongside continued dynamic support from trading above its SMA50, while positive signals continue to emerge from the RSI after the price managed to unwind part of its overbought conditions.

Therefore we expect the stock price to rise in upcoming trading, as long as it remains stable above the $23.30 support level, to target the key resistance at $26.00.

Today’s price forecast: Bullish

Lennar Corporation (LEN) stock price recorded gains in its latest intraday trading, following the stabilization of the key support level at $102.80, which provided the stock with some positive momentum that helped it achieve these gains in an attempt to recoup part of its previous losses. This comes despite the dominance of the main short-term downward trend, alongside continued negative pressure from trading below its SMA50. In addition, negative crossover signals have started to emerge from the RSI after reaching extremely overbought levels in an exaggerated manner compared to the stock’s price action, suggesting the beginning of a negative divergence formation.

Therefore we expect the stock price to decline in upcoming intraday trading, especially if it breaks below the $102.80 support level, to target the next support at $97.00.

Today’s price forecast: Bearish