AirBNB’s stock price (ABNB) rose in latest intraday trading and attacked the current resistance of $139.85, while trading alongside the upward correctional trend line in the short term, with ongoing positive pressure due to trading above the 50-day SMA, countered with negative signals from the Stochastic after reaching overbought levels, hindering upcoming gains.
Therefore we expect more gains for the price, especially if the aforementioned resistance of $139.85 is breached, targeting the next one at $148.65.
Today’s price forecast: Bullish
The price of (ETHUSD) declined in its recent intraday trading, amid the continuation of the negative pressure that comes from its trading below the EMA50, with the emergence of the negative signals on the (RSI), after reaching overbought levels previously, on the other hand, the price moves alongside a main bullish trend on the short-term basis, attempting to gain positive momentum that might assist it to recover and rise again.
The price of (BTCUSD) kept declining in its recent intraday trading, amid the emergence of the negative signals on the (RSI), affected by surpassing the support of its EMA50, which puts it under negative pressure, to break the current support at $106,000 in its last trading, increasing the difficulty of its recovery on the intraday basis, where the price moves alongside a main bullish trend line on the short-term basis and its trading alongside a bias line.
The price of (Brent) rose to its intraday levels, supported by the dominance of the main bullish trend on the short-term basis, and its trading above a bullish bias indicates positive momentum.
This rise reinforces the positive pressure that comes from the price moving above its EMA50, besides the emergence of the positive signals on the (RSI), suggesting the possibility for the continuation of the rise in the upcoming moves.