Monero (XMRUSD) advanced in its latest intraday trading, with the price preparing to challenge the pivotal resistance level at 437.50. This move is supported by its continued trading above the 50-day SMA, and under the dominance of the main ascending trend, with price action moving alongside a short-term supporting trendline. However, on the other hand, negative signals have begun to flow from the RSI indicators after reaching extremely overbought levels, which may limit the price’s upcoming gains.

Therefore we expect the cryptocurrency to rise in its upcoming intraday trading, but only if it first breaks the mentioned resistance at 437.50, targeting thereafter the next resistance level at 457.65.

Expected trend for the upcoming trading: Bullish

Zcash (ZECUSD) declined in its latest intraday trading amid continued dynamic negative pressure from trading below its 50-day SMA, accompanied by ongoing negative signals from the RSI indicators. The latest drop also saw the price break a short-term ascending corrective trendline, which intensifies the surrounding bearish pressure and warns of a potential extension of losses in the coming period.

Therefore we expect the cryptocurrency to decline in its upcoming intraday trading, as long as it remains below the resistance level at 414.00, targeting the first support level at 354.00.

Expected trend for the upcoming trading: Bearish

eBay Inc. (EBAY) declined in its latest intraday trading amid the dominance of a short-term descending corrective trend, with continued negative pressure from trading below its previous 50-day SMA. In addition, a bearish divergence has formed on the RSI indicators after they reached excessively overbought levels compared to the stock’s price action, accompanied by the emergence of negative signals.

Therefore we expect the stock to decline in its upcoming trading, as long as the resistance level at $85.65 remains intact, targeting the pivotal support level at $79.80.

Today’s price forecast: Bearish

Vertex Pharmaceuticals Incorporated (VRTX) stabilized on gains in its latest intraday trading, supported by its continued trading above the 50-day SMA. This comes under the dominance of a short-term ascending corrective trend, with the price moving alongside a supporting trendline. We also note the beginning of positive signals from the RSI indicators after they had reached extremely oversold levels.

Therefore we expect the stock to rise in its upcoming trading, as long as the support level at $433.80 remains intact, targeting the pivotal resistance level at $484.55.

Today’s price forecast: Bullish