WLD (WLDUSD) rose in its latest intraday trading, supported by dynamic momentum from trading above the 50-day SMA and boosted by a breakout above a main short-term descending trend line. Additionally, positive signals appeared on the relative strength indicators after the price successfully eased its previous overbought conditions, giving it more room to extend gains in the near term.
Therefore, we expect the cryptocurrency to rise in its upcoming intraday trading as long as the support level of $0.65283195 holds, targeting the resistance level of $0.96473873.
Today’s price forecast: Bullish.
Ripple (XRPUSD) held steady with gains in its latest intraday trading, supported by continued movement above the 50-day SMA and accompanied by positive signals on the relative strength indicators. This momentum helped the price break a main short-term descending trend line, strengthening the likelihood of extending the strong gains seen recently.
Therefore, we expect the cryptocurrency to rise in its upcoming intraday trading as long as it remains above $2.3722, targeting the key resistance level of $2.6975.
Today’s price forecast: Bullish.
Pinduoduo Inc. (PDD) stock declined in its latest intraday trading, though it remains supported by continued trading above its previous 50-day SMA and within the dominance of the main medium-term corrective bullish trend, with trading aligned along a short-term ascending line that supports this direction. Additionally, a bullish crossover has begun to appear on the relative strength indicators after the stock successfully eased its previous overbought conditions, providing more room for further gains in the near term.
Therefore, we expect the stock to rise in its upcoming trading sessions as long as the support level of $131.70 holds, targeting the resistance level of $154.35.
Today’s stock forecast: Bullish.
International Business Machines Corporation (IBM) stock declined in its latest intraday trading as it attempts to gain positive momentum that could help it recover and rise again. The main medium- and short-term bullish trend remains dominant, supported by continued dynamic momentum from trading above the previous 50-day SMA, which enhances the likelihood of the stock extending its gains in the coming period.
Therefore, we expect the stock to rise in its upcoming trading sessions as long as it remains above the key support level of $153.25, targeting the resistance level of $334.80.
Today’s stock forecast: Bullish.