Airbnb, Inc. (ABNB) stock price recorded a sharp rise in its latest intraday trading, following its rebound from the support of its SMA50, which provided the stock with positive momentum that helped drive these gains. This move comes alongside the emergence of a positive crossover on the RSI after it reached extremely oversold levels, under the dominance of a short-term upward trend.

Therefore we expect the stock price to rise in upcoming trading, as long as it remains stable above the $130.00 level, to target the key resistance at $141.40.

Today’s price forecast: Bullish

The price of (ETHUSD) declined in its last intraday trading, amid the dominance of steep minor bearish wave on short-term basis, with the continuation of the negative pressure due to its trading below EMA50, reducing the chances of the recovery on near-term basis, especially with the emergence of negative overlapping signals from the relative strength indicators, after reaching exaggerated overbought levels compared to the price move, to indicate fading the bullish momentum.

Brent price witnessed strong losses on its recent intraday levels, due to the stability of the key resistance at $64.50, to surpass the EMA50’s support, which puts it under negative pressure that reduces by the emergence of the negative signals from the relative strength indicators, after reaching overbought levels that increases the possibilities of deepening its losses in the upcoming period.

BTCUSD prices attempts to keep its early gains in its last intraday levels, despite its failure in breaching $90,000 key resistance, to indicate losing the required bullish momentum, especially with the relative strength indicators reaching overbought levels, to indicate the beginning of forming negative divergence, especially with the emergence of negative overlapping signals, amid the continuation of the negative pressure due to its trading below EMA50, intensifying the negative pressure on the price.