Stellar (XLMUSD) declined in its latest intraday trading under continued negative pressure from trading below the 50-day SMA and within the dominance of the main short-term bearish trend, with trading aligned along a descending line that reinforces this outlook. The recent decline came after the price had eased its oversold conditions on the relative strength indicators, which adds further negative momentum around it.

Therefore, we expect the cryptocurrency to decline in its upcoming intraday trading as long as the resistance level of $0.290195 holds, targeting the next support level at $0.259483.

Today’s price forecast: Bearish.

Avalanche (AVAXUSD) declined in its latest intraday trading after easing its oversold conditions on the relative strength indicators, which increases the likelihood of extending its losses in the near term. This comes amid continued negative pressure from trading below the 50-day SMA and under the dominance of the main short-term bearish trend, with trading along a descending line that reinforces this direction.

Therefore, we expect the cryptocurrency to decline in its upcoming intraday trading as long as the resistance level of $18.45 holds, targeting the support level of $14.00.

Today’s price forecast: Bearish.

Broadcom Inc. (AVGO) stock declined in its latest intraday trading after the key resistance level of $374.45 held firm, as the stock attempts to gain positive momentum that could help it break above that barrier. At the same time, it seeks to ease its overbought conditions on the relative strength indicators, where negative signals have started to appear. However, continued dynamic support from trading above the previous 50-day SMA reinforces the stock’s short-term recovery potential, especially with the main short-term bullish trend still dominant and trading aligned with an ascending line.

Therefore, we expect the stock to rise in its upcoming trading sessions, particularly if it breaks above the mentioned resistance of $374.45, targeting the next resistance level at $405.40.

Today’s stock forecast: Bullish.

Chevron Corporation (CVX) stock resumed its decline in its latest intraday trading, as it attempts to gain positive momentum that may help it overcome the negative pressure of the previous 50-day SMA. The stock is also trying to ease its overbought conditions on the relative strength indicators, where negative signals have begun to appear. However, it remains within the dominance of a short-term corrective bullish trend, with trading along an ascending line that supports this direction.

Therefore, we expect the stock to rise in its upcoming trading sessions as long as the support level of $151.90 holds, targeting the key resistance level of $161.35 in preparation to test it.

Today’s stock forecast: Bullish.