Hedera Hashgraph’s currency price (HBARUSD) settled higher 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, coupled with positive signals from the RSI after reaching oversold levels.
Therefore we expect the price to rise and target the pivotal resistance of $0.39200, provided the support of $0.23178 holds on.
Trend forecast for today: Bullish
Bonk’s currency price rose in the intraday levels and tested the downward correctional trend line in the short term, with negative pressure due to trading below the 50-day SMA, while a negative divergence forms in the RSI after reaching overbought levels compared to the price’s movements, sending out negative signals.
Therefore we expect the price to return lower, targeting the first support at $0.00002479, provided the resistance of $0.00004086 holds on.
Trend forecast for today: Likely Bearish
Sui’s currency price (SUIUSD) extended its gains in the intraday levels, amid the dominance of the main upward trend in the short term, with positive pressure from trading above the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels.
Therefore we expect more gains for the price, targeting the pivotal and near resistance of $4.9577.
Trend forecast for today: Bullish
Ethereum price (ETHUSD) trades positively to breach 3425.50$ level and head towards potential test to the key resistance 3510.00$, and as we mentioned in our recent reports, holding below this resistance is required to continue the expected bearish trend for the upcoming period, motivated by stochastic current negativity, noting that the price needs to trade below 3425.50$ to revive the negative scenario that its first target located at 3222.00$.
The expected trading range for today is between 3240.00$ support and 3500.00$ resistance.
Trend forecast: Bearish