Ripple (XRPUSD) traded with volatile movements leaning to the upside in its latest intraday action, supported by positive signals from the RSI as it attempts to recover part of earlier losses. However, the dominant short-term trend remains bearish, with continued negative pressure from trading below the 50-day SMA. At the same time, the RSI has reached excessively overbought levels compared to price action, signaling the start of a bearish divergence that adds to the surrounding downside risks.

Therefore, we expect the price to decline in upcoming intraday trading, as long as resistance at 2.9528 holds, targeting the key support level at 2.6993.

Today’s price forecast: Bearish.

Microsoft Corp (MSFT) eased slightly in its latest intraday trading, as the stock attempts to build fresh positive momentum for a potential rebound. It remains supported by the 50-day SMA, which provides dynamic support, while the dominant short-term uptrend continues to guide price action along a rising slope.

Therefore, we expect the stock to rise in upcoming sessions, as long as support at 492.40 holds, targeting the key resistance at 538.25.

Today’s price forecast: Bullish.

Intel Corporation (INTC) declined in its latest intraday trading, as the stock booked profits from its earlier gains. However, it continues to show underlying strength, supported by trading above the 50-day SMA, which acts as dynamic support. The stock also remains within a dominant short-term uptrend, moving along a rising slope that supports the bullish bias.

Therefore, we expect the stock to rise in upcoming sessions, as long as support at 26.40 holds, targeting resistance at 33.45.

Today’s price forecast: Bullish.

Broadcom (AVGO) retreated in its latest intraday trading, with negative RSI signals weighing on momentum. However, the stock continues to trade within its dominant short-term uptrend, moving along a rising slope and holding above the 50-day SMA, which provides dynamic support and reinforces the positive outlook.

Therefore, we expect the stock to rise in upcoming sessions, as long as support at 317.35 holds, targeting the key resistance at 374.45.

Today’s price forecast: Bullish.