Solana (SOLUSDT) price declined in its latest intraday trading, in an attempt to gain positive momentum that may help it recover and rise again. This comes amid the dominance of an upward trend, with trading along a minor ascending trend line supporting this path, and continued positive pressure from trading above its previous 50-day SMA. In addition, we note the beginning of a bullish crossover in the RSI after it reached extremely oversold levels, which is excessive compared to price movement. This suggests the formation of a potential bullish divergence, which could amplify the positive momentum surrounding the price.
Therefore, we expect the price to rise in its upcoming intraday trading, as long as the support level of 186.80 remains intact, targeting the key resistance level of 206.30.
Today’s price forecast: Bullish
Monero (XMRUSDT) price declined in its latest intraday trading, confirming its break below the key support level of 246.40. This reinforces the stability of the bearish scenario, especially amid continued negative pressure from trading below its previous 50-day SMA, under the control of the short-term primary downward trend, with trading along a minor descending trend line supporting this path.
Therefore, we expect the price to decline in its upcoming intraday trading, as long as it remains below 246.40, targeting the support level of 222.40.
Today’s price forecast: Bearish
Marvell Technology (MRVL) stock saw a slight decline in its latest intraday trading, as it attempts to gain positive momentum that may help it rise again. This comes under the control of a short-term corrective upward trend, with trading along a supporting trend line, benefiting from the positive support of trading above the previous 50-day SMA. In addition, we note the arrival of positive signals from RSI indicators after reaching oversold areas.
Therefore, we expect the stock to rise in its upcoming trading, as long as support at 73.40 remains intact, targeting the key and near resistance level of 83.25 in preparation to attack it.
Today’s price forecast: Bullish
Affirm Holdings (AFRM) stock saw a slight decline in its latest intraday trading, as it attempts to gain positive momentum that may help it attack the key resistance level of 80.70. This comes while trading along a short-term upward trend line, with continued dynamic support from trading above the previous 50-day SMA. In the background, we also note the beginning of positive signals from RSI indicators, after the stock successfully relieved its overbought conditions.
Therefore, we expect the stock to rise in its upcoming trading, especially if it breaks through the mentioned resistance of 80.70, targeting the next resistance level at 96.60.
Today’s price forecast: Bullish