Monero (XMRUSD) held lower in its latest intraday trading, affected by a bearish technical formation on the short term—an ascending wedge pattern—alongside negative pressure from trading below its 50-day SMA. In addition, negative signals continue to appear on the RSI indicators despite their presence in extremely oversold levels.

Therefore we expect the cryptocurrency to decline in its upcoming intraday trading, as long as it remains below the resistance level of 408.80, targeting the pivotal support level of 370.80, which represents the price target of the ascending wedge pattern.

Today’s price forecast: Bearish

Zcash (ZECUSD) declined in its latest intraday trading, amid continued negative pressure from trading below its 50-day SMA, which reinforces the stability and dominance of the main short-term descending trend—especially with the price moving alongside a secondary trendline supporting this bearish structure. The recent decline also follows a successful relief of the coin’s oversold saturation on RSI indicators, providing more room for further losses in the near term.

Therefore we expect the cryptocurrency to decline in its upcoming intraday trading, as long as it remains below the resistance level of 370.00, targeting the pivotal support level of 300.00.

Today’s price forecast: Bearish

Marvell Technology (MRVL) continued rising in its latest intraday trading, supported by its movement above the previous 50-day SMA and by positive signals flowing from the RSI indicators despite their presence in overbought territory. This comes under the dominance of a short-term corrective upward trend, with the price moving alongside a trendline that supports this bullish structure.

Therefore we expect the stock to rise in its upcoming trading, as long as it remains above the support level of $79.00, targeting the nearby pivotal resistance level of $98.00 in preparation for testing it.

Today’s price forecast: Bullish

Affirm Holdings (AFRM) declined in its latest intraday trading after the stock collided with the resistance of its previous 50-day SMA, under the dominance of a short-term corrective downward wave with the price moving alongside a trendline that reinforces the stability of this bearish structure. In addition, we note the early emergence of a negative crossover on the RSI indicators after the stock had previously relieved its oversold saturation.

Therefore we expect the stock to decline in its upcoming trading, as long as it remains below the resistance level of $73.90, targeting the pivotal support level of $60.30.

Today’s price forecast: Bearish