Pepe (PEPEUSD) rose slightly in its latest intraday trading, after finding support at its 50-period simple moving average, which helped it achieve these modest gains. This was accompanied by the formation of a positive divergence on the relative strength indicators after reaching extremely oversold levels compared to the price movement, with positive signals starting to appear. The price continues to move within a short-term corrective uptrend.
Therefore, we expect the digital currency’s price to rise, especially if it breaks above the key resistance level of $0.00000634, targeting the next resistance at $0.00000744.
Today’s price forecast: Bullish.
Dogecoin (DOGEUSDT) rose slightly in its latest intraday trading, as a positive divergence began forming on the relative strength indicators after reaching heavily oversold levels compared to the price movement, with positive signals starting to appear. This coincided with the price rebounding from the support of its 50-period simple moving average, under the influence of a short-term corrective uptrend.
Therefore, we expect the digital currency’s price to rise in its upcoming intraday trading, as long as it remains above the $0.17189 level, targeting the first resistance at $0.18738.
Today’s price forecast: Bullish.
Xerox Holdings Corp (XRX) remained lower in its latest intraday trading, amid continued negative pressure from trading below its 50-day simple moving average, which reinforces the stability of the main short-term downtrend. The stock continues to move along a descending line on the short-term scale, accompanied by persistent negative signals from the relative strength indicators.
Therefore, we expect the stock price to decline in its upcoming trading sessions, as long as it remains below the resistance level of $3.45, targeting the next support at $2.53.
Today’s price forecast: Bearish.
American International Group, Inc. (AIG) declined in its latest intraday trading, preparing to break below the pivotal support level of $76.10, under the dominance of a short-term corrective downtrend. The stock remains pressured by continued trading below its 50-day simple moving average, which reduces its chances of recovery in the near term.
Therefore, we expect the stock price to decline in its upcoming trading sessions, especially if it breaks the mentioned support at $76.10, targeting the next support level at $73.80.
Today’s price forecast: Bearish.