Iota’s currency price (IOTAUSDT) fell in the intraday levels amid the dominance of the main downward trend in the medium term, while trading alongside the secondary short-term trend line, with negative pressure due to trading below the 50-day SMA, as the price prepares to breach the pivotal support of $0.1190, with negative signals from the RSI.

Therefore we expect more losses for the currency, provided the support of $0.1190 was reliably breached, thus targeting the next one at $0.0899. 

Polygon’s currency price (MATICUSDT) inched lower in the intraday levels, amid negative pressure from trading below the 50-day SMA, and amid the dominance of the main downward trend in the medium term, with negative signals from the RSI, as the price prepares to pierce the stubborn resistance of $0.3423. 

Therefore we still expect more losses for the price, provided the support of $0.3423 was reliably breached, thus targeting the next one at $0.2767. 

Zcash’s currency price (ZECUSDT) fell in the intraday levels, while gathering positive momentum to rise anew, as it vented off overbought saturation in the RSI, amid the dominance of the upward short-term trend, with positive pressure from trading above the 50-day SMA.

Therefore we expect the stock to return higher, provided it settles above $35.14, thus targeting the pivotal resistance of $45.39.

Ethereum price (ETHUSD) faces negative pressure now to move below 2548.15$ level, which urges caution from the upcoming trading, as continuing the decline and breaking 2496.22$ will push the price to decline again and target 2432.00$ followed by 2330.00$ levels as next negative stations, while it needs to consolidate above 2548.15$ to revive the positive scenario that its targets begin at 2600.00$ and extend to 2664.30$.

The expected trading range for today is between 2450.00$ support and 2670.00$ resistance.

Trend forecast: Bullish