Airbnb's stock price (ABNB) slid lower in its latest intraday trading, breaking below the $126.95 support level, accompanied by a significant increase in trading volume — a signal that technically validates the breakdown. This drop follows a prior breach of a short-term corrective uptrend line, while continued negative pressure from trading below the 50-day simple moving average further amplifies the bearish outlook.
Therefore, we expect the stock price to decline in upcoming sessions, especially while it remains below the $126.95 level, targeting the next support at $112.55.
Today’s price forecast: Bearish.
Stellar's price (XLMUSD) held onto slight gains in the latest intraday trading, as it attempts to overcome the negative pressure from the 50-period simple moving average and unwind its clear overbought conditions on the Relative Strength Indicators, which continue to emit negative signals. However, the price is also influenced by a positive short-term technical pattern — the falling wedge — which may support a swift recovery once surrounding bearish pressure eases.
Therefore, we expect the price to rise in the upcoming sessions, as long as support remains steady at $0.361200, targeting the key resistance level of $0.514783.
Today’s price forecast: Bullish.
The price of (ETHUSD) rose in its last intraday trading, amid its attempts to breach the critical resistance level at$3,900, supported by its continuous trading above EMA50, under the dominance of the main bullish trend and its trading alongside a supportive bias line for this trend on the short-term basis, and its trading alongside a supportive bias line for the trend on the short-term basis, this rise comes after its success in its previous trading in offloading some of its clear overbought conditions on the (RSI).
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The price of (BTCUSD) rose in its last trading on the intraday levels, after its success in offloading its clear overbought conditions on the (RSI), opening the way for achieving more of the gains on the near-term basis, amid the continuation of the positive support due to its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line.
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