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Litecoin price extends gains - Analysis - 04-08-2025

Economies.com
2025-08-04 13:01PM UTC
AI Summary
  • Litecoin's price has been rising due to a falling wedge pattern and sustained movement above the 50-period simple moving average
  • Bearish crossover signals from Stochastic indicators may limit further upside momentum
  • Predicted trend for upcoming sessions is bullish, with a target resistance level at $122.30 as long as support at $108.50 holds

Litecoin’s price (LTCUSD) continued to rise in recent intraday trading, supported by a short-term bullish pattern — the falling wedge — along with sustained movement above the 50-period simple moving average and the dominance of a primary uptrend. However, emerging bearish crossover signals from the Stochastic indicators, following extreme overbought conditions, may limit further upside momentum.

 

Therefore, we expect the cryptocurrency’s price to rise in upcoming intraday sessions, as long as support at $108.50 holds, targeting the key resistance level at $122.30.

 

Expected trend for upcoming sessions: Bullish.

 

 

 

 

 

 

 

 

UnitedHealth price deepens losses - Forecast today - 04-08-2025

Economies.com
2025-08-04 12:55PM UTC

UnitedHealth Group Incorporated’s stock price (UNH) continued to decline in recent intraday trading, breaking below the key support level of $248.90. The stock remains under firm control of a primary bearish trend, trading along a short-term descending trendline. Persistent downward pressure is also evident from its position below the 50-day simple moving average, along with continued bearish signals from the Stochastic indicators.

 

Therefore, we expect the stock price to decline further in upcoming sessions, especially while staying below $248.90, targeting the next support level at $201.50.

 

Today’s price forecast: Bearish.

 

 

 

 

 

Mastercard price gives in to negative pressure - Forecast today - 04-08-2025

Economies.com
2025-08-04 12:55PM UTC

Mastercard Incorporated’s stock price (MA) declined in recent intraday trading after hitting resistance at its previous 50-day simple moving average. This exposed the stock to negative pressure, especially with the emergence of bearish signals from the Stochastic, which entered overbought territory. The increased selling pressure led the stock to break a short-term ascending trendline, reinforcing its bearish trajectory.

 

Therefore, we expect the stock price to decline in upcoming sessions, as long as resistance holds at $575.00, with the first support target at $545.85.

 

Today’s price forecast: Bearish.

 

 

 

 

 

 

 

ExxonMobil price leans on SMA support - Forecast today - 04-08-2025

Economies.com
2025-08-04 12:55PM UTC

Exxon Mobil Corporation’s stock price (XOM) declined in recent intraday trading as it attempts to gain positive momentum that could support a new rebound. The latest dip was supported by the stock’s 50-day simple moving average, reinforcing the short-term corrective uptrend and its movement along a supporting trendline.

 

Therefore, we expect the stock price to rise in upcoming sessions, provided support holds at $107.45, with the next target at the key resistance level of $115.45.

 

Today’s price forecast: Bullish.