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Toncoin price faces positive outlook - Analysis - 01-08-2025

Economies.com
2025-08-01 12:55PM UTC
AI Summary
  • Toncoin (TONUSD) has seen a positive outlook in recent intraday trading, supported by movement above the 50-day simple moving average and an ascending trendline
  • A bullish crossover is beginning to appear in the Stochastic, indicating more room for gains
  • Price is expected to rise in upcoming sessions, targeting key resistance at $3.6858

Toncoin (TONUSD) rose in its recent intraday trading, supported by continued movement above the 50-day simple moving average, which acts as dynamic support helping to stabilize the short-term upward trend. The price continues to trade along a supportive ascending trendline. Additionally, a bullish crossover is beginning to appear in the Stochastic, after the asset successfully relieved previous overbought conditions, giving it more room to extend its gains.

 

Therefore, we expect the price to rise in upcoming intraday sessions, as long as support at $3.2640 holds, targeting the key resistance level at $3.6858 in preparation to challenge it.

 

Today’s price forecast: Bullish.

 

 

 

 

 

 

Berkshire price suffers from negative pressures - Forecast today - 01-08-2025

Economies.com
2025-08-01 12:48PM UTC

Berkshire Hathaway Inc. New (BRK.B) stock declined in its recent intraday trading, under the control of a short-term corrective downtrend and trading along a descending trendline that reinforces this direction. The stock continues to face negative pressure from trading below the 50-day simple moving average. Additionally, bearish signals are emerging from the Stochastic after reaching extremely overbought territory.

 

Therefore, we expect the stock to decline in upcoming sessions, as long as resistance at $486.90 holds, targeting the support level at $455.30.

 

Today’s price forecast: Bearish.

 

 

 

 

Eli Lilly price breaches upward correctional trend line - Forecast today - 01-08-2025

Economies.com
2025-08-01 12:47PM UTC

Eli Lilly and Company (LLY) stock slipped lower in its recent intraday trading, breaking below a short-term corrective ascending trendline. This drop coincided with a breach of support at the 50-day simple moving average, further intensifying the surrounding bearish pressure—particularly with bearish signals emerging from the Stochastic, despite it being deep in oversold territory.

 

Therefore, we expect the stock to decline in upcoming sessions, as long as resistance at $779.50 holds, targeting the key support level at $709.00.

 

Today’s price forecast: Bearish.

 

 

 

 

 

 

Walmart price readies to tackle pivotal resistance - Forecast today - 01-08-2025

Economies.com
2025-08-01 12:47PM UTC

Walmart Inc (WMT) stock advanced slightly in its recent intraday trading, supported by continued movement above the 50-day simple moving average and under the control of a dominant upward trend, trading along a short-term ascending trendline that reinforces this direction. With this rise, the stock is preparing to challenge the key resistance level at $100.00. However, a bearish crossover is beginning to appear in the Stochastic after reaching extremely overbought territory, which could weigh on the stock’s near-term upward potential.

 

Therefore, we expect the stock to rise in upcoming sessions, but on the condition that it first breaks above the $100.00 resistance level, targeting the next key resistance at $105.00.

 

Today’s price forecast: Bullish.