Monero (XMRUSD) declined in its latest intraday trading, amid continued negative pressure as the price trades below its 50-period SMA, accompanied by negative signals from the RSI. This move pushed the price to break the key support at 441.70, which represents the neckline of a short-term negative chart formation — the double top pattern — increasing bearish pressure around the price in the intraday term.

Therefore we expect the cryptocurrency price to decline further in the upcoming intraday trading, especially as long as it remains below 441.70, to target the support level at 423.70 as the projected target of the double top pattern.

Today’s price forecast: Bearish

Zcash (ZECUSD) declined in its latest intraday trading, as the price takes profits from its previous gains while attempting to unload part of its overbought condition on the RSI, especially with emerging negative signals. This pullback comes as the price regroups its positive momentum, which may help it recover and move higher again, supported by the continued dynamic support from trading above its 50-period SMA. This reinforces the stability and control of the short-term corrective bullish trend, with price action moving alongside an upward trendline.

Therefore we expect the cryptocurrency price to rise in the upcoming intraday trading, but only after first breaking the key resistance at 547.75, to target the next and psychological resistance level at 600.00.

Today’s price forecast: Bullish

Marriott International (MAR) continued to rise in its latest intraday trading, benefiting from dynamic support provided by trading above its 50-day SMA, which reinforces the stability and dominance of the main bullish trend on the medium term. Price action is also moving alongside a minor upward trendline on the short term, while positive signals continue to come from the RSI, despite reaching heavily overbought levels, which may limit further gains in the near term.

Therefore we expect the stock price to continue rising in the upcoming intraday trading, as long as support at 307.50 holds, to target the next resistance level at 334.80.

Today’s price forecast: Bullish

Roblox Corporation (RBLX) edged higher in its latest intraday trading, as the stock attempts to recover part of its previous losses, while also trying to unwind part of its clear oversold condition on the RSI, especially with the start of positive signals. However, the short-term corrective bearish trend remains in control, with price action moving alongside a supporting downward trendline, in addition to the continued negative pressure from trading below its 50-day SMA.

Therefore we expect the stock price to decline in the upcoming intraday trading, as long as resistance at 91.90 holds, to target the support level at 75.75.

Today’s price forecast: Bearish