Ethereum price (ETHUSD) rebounds bearishly after retesting the previously broken neckline of the double top pattern that appears on the chart, to move below 3425.50$ level and reinforce the expectations of continuing the correctional bearish trend in the upcoming sessions, and the way is open to achieve the first target at 3222.00$, noting that breaking it will push the price towards 3017.30$ as a next negative station.

On the other hand, we should note that breaching 3510.00$ will stop the bearish trend and push the price to build bullish wave that its targets begin by visiting 3680.00$ level.

The expected trading range for today is between 3230.00$ support and 3500.00$ resistance.

Trend forecast: Bearish

Bitcoin price (BTCUSD) rebounds bearishly after hitting the correctional bearish channel’s resistance line that appears on the chart, to start pressing on 23.6% Fibonacci correction level that forms key support at 95195.00$, and the price needs to break this level to confirm rallying towards our negative targets that start at 91000.00$ and extend to reach 38.2% Fibonacci correction level at 87055.00$.

Therefore, the bearish bias will be suggested for the upcoming sessions, taking into consideration that breaching 99170.00$ will stop the expected decline and lead the price to attempt to regain the main bullish trend again.

The expected trading range for today is between 91000.00$ support and 96000.00$ resistance.

Trend forecast: Bearish

Solana’s currency price (SOLUSDT) rose in the intraday levels, amid the dominance of the main upward trend as it trades alongside the secondary short-term trend line, with positive signals from the RSI, but the price suffers from ongoing negative pressure due to trading below the 50-day SMA, while dominated by a downward correctional wave. 

Therefore we expect the price to return lower and target the support of $175.26 anew, provided the resistance of $210.18 holds on.

Trend forecast for today: Likely Bearish 

Monero’s currency price (XMRUSDT) rallied in the intraday levels, buoyed by trading above the 50-day SMA, amid the dominance of the main upward trend, while a positive divergence forms in the RSI after reaching oversold levels compared to the price’s movements, sending out positive signals. 

Therefore we expect more gains for the price, targeting the pivotal resistance of $234.46, provided the support of $182.30 holds on.

Trend forecast for today: Bullish