Flow/USD currency price slipped in the intraday levels, with negative pressure due to trading below the 50-day SMA, amid the dominance of the downward trend, but countered with positive signals from the RSI after reaching oversold levels, as the price tries to vent off such saturation.
Therefore we expect the price to decline and target the first support at $0.630, provided the resistance of $0.811 holds on.
Trend forecast for today: Bearish
Cardano/USD currency price edged lower in the intraday levels, leaning on the upward short-term trend line, while also leaning on the support of the 50-day SMA, as the RSI reached oversold levels in the RSI compared to the price’s movements, as it managed to vent off overbought saturation that was present there.
We expect the price to rise and target the important resistance of $1.152, provided the support of $0.837 holds on.
Trend forecast for today: Likely Bullish
EOS/USD currency price inched lower in the intraday levels amid the dominance of the downward correctional trend in the short term, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels.
Therefore we expect more losses for the price, provided it settles firmly below $0.8903, thus targeting the support of $0.7030.
Trend forecast for today: Bearish
Binance Coin’s currency price (BNBUSD) rose in the intraday levels after leaning on the main upward trend line in the short term, lending the price some positive momentum, with positive signals from the RSI after reaching oversold levels, as the price tries to shake off negative pressure in the 50-day SMA.
Therefore we expect more gains for the price, targeting the pivotal resistance of $794.3, provided the support of $649.90 holds on.
Trend forecast for today: Bullish