VeThor Token (VTHOUSD) declined in its recent intraday trading, after partially relieving its clearly oversold Stochastic conditions. However, the price encountered resistance at the 50-day simple moving average, which triggered renewed bearish pressure—particularly as it had previously broken a short-term corrective ascending trendline. This led the price to succumb to selling pressure and resume its decline.
Therefore, we expect the price to fall in upcoming intraday sessions, as long as resistance at $0.002090 holds, targeting the support level at $0.001826.
Today’s price forecast: Bearish.
Hedera (HBARUSD) held on to slight gains in its recent intraday trading, supported by a rebound from the 50-day simple moving average, which provided positive momentum that helped the price edge higher. The asset remains under the control of a short-term upward trend, trading along a supportive ascending trendline. Additionally, a bullish divergence is beginning to form in the Stochastic after it reached extremely oversold territory relative to price movement, with early bullish signals starting to emerge.
Therefore, we expect the price to rise in upcoming intraday sessions, as long as support at 10.92 holds, targeting the resistance level at 12.6.
Today’s price forecast: Bullish.
Gilead Sciences, Inc (GILD) stock declined in its recent intraday trading, taking profits from previous gains while attempting to build positive momentum that could support a renewed rise. The stock continues to receive dynamic support from trading above the 50-day simple moving average and remains under the control of a medium-term uptrend, trading along a supportive ascending trendline. Additionally, bullish signals are emerging from the Stochastic.
Therefore, we expect the stock to rise in upcoming sessions, as long as support at $107.75 holds, targeting the key resistance level at $119.95.
Today’s price forecast: Bullish.
Paramount Global (PARA) stock declined during a highly volatile session, as the stock attempted to take profits from previous gains while also trying to build positive momentum that could help it recover and rise again. This move coincided with efforts to relieve its clearly overbought Stochastic conditions, especially with emerging bearish signals, all while remaining under the influence of a medium-term uptrend and trading along a short-term ascending trendline, supported by continued positive momentum from trading above the 50-day simple moving average.
Therefore, we expect the stock to rise in upcoming sessions, as long as support at $12.50 holds, targeting the resistance level at $14.50.
Today’s price forecast: Bullish.