|
Ethereum price (ETHUSD) suffers new losses – Forecast today - 28-10-2024
Ethereum price (ETHUSD) faced new negative pressures in the previous sessions to break 2496.22$ level and reach 2432.00$, noticing that the price attempts to recover and test the resistance line formed at 2496.22$, which forms solid barrier against the positive attempts, which makes us prefer to stay aside until we get clearer signal for the next trend, through breaching one of the mentioned levels.
Note that breaching 2496.22$ resistance will lead the price to recover again and achieve gains that start at 2548.15$ and extend to 2600.00$, while breaking 2432.00$ support represents the key to resume the bearish wave and achieve new negative targets that reach 2328.15$ areas.
The expected trading range for today is between 2360.00$ support and 2600.00$ resistance.
Trend forecast: Neutral
Thanks for your feedback.
Bitcoin price (BTCUSD) attempts positively – Forecast today - 28-10-2024
Bitcoin price (BTCUSD) shows new positive trades and attempts to surpass 68000.00$ barrier, to keep the bullish trend scenario valid and active for the upcoming period, and the price needs to get positive motive that assist to push the price to rally towards our next waited target at 70000.00$.
MoreWheat price approaches the target – Forecast today - 28-10-2024
Wheat price bounced downwards clearly in the previous sessions after approaching 599.00$ level, to reach the thresholds of the waited negative target at 568.50$, and we suggest breaking this level to achieve additional negative targets that extend to 555.60$.
MoreSugar price faces solid support – Forecast today - 28-10-2024
Sugar price bounced bearishly again after testing 22.15$ level in the previous sessions, but it found solid support at 21.55$, waiting to get negative motive that assist to push the price to break this level and confirm the continuation of the bearish trend on the intraday and short-term basis, reminding you that breaking the mentioned level will push the price towards 20.80$ direct.
More