The (EURUSD) declined in its last intraday trading, in attempt to gain bullish momentum that might help it to breach the key resistance at 1.1630, besides its attempts to get rid of the pressure of EMA50, supported by the stability of the positive signals on the relative strength indicators, under the dominance of the bullish corrective trend on the short-term basis.
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MyNeighborAlice (ALICEUSDC) declined slightly in its latest intraday trading, moving within a narrow sideways range under continued negative pressure from trading below the 50-day SMA and within the dominance of a short-term descending wave. In addition, bearish signals continue to appear from the relative strength indicators, which further intensify the negative pressure surrounding the price.
Therefore, we expect the cryptocurrency to decline in its upcoming intraday trading as long as the resistance level of $0.369 holds, targeting the key support level of $0.264.
Today’s price forecast: Bearish.
Hedera (HBARUSD) declined in its latest intraday trading as it attempts to gain positive momentum that could help it recover and rise again. At the same time, the cryptocurrency is working off part of its overbought levels on the relative strength indicators, where negative signals have started to appear. However, dynamic support from trading above the 50-day SMA continues, alongside the dominance of a short-term corrective bullish wave with trading along an ascending line that supports this direction.
Therefore, we expect the cryptocurrency to rise in its upcoming intraday trading as long as the support level of $0.17091 holds, targeting the resistance level of $0.19559.
Today’s price forecast: Bullish.
The price of (ETHUSD) declined in its last intraday trading, amid the dominance of the bullish corrective trend on the short-term basis and its trading alongside trend line, with the continuation of its trading above EMA50, to gather the gains of its previous rises, attempting to offload some of its overbought conditions on the relative strength indicators that might help it to recover and rise again.
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