Alphabet Inc.’s stock price (GOOG) edged slightly lower in latest intraday trading, while moving within the range of an upward correctional price channel that has confined recent short-term trades, supported by positive signals from the RSI after previously reaching strongly oversold levels, with ongoing positive pressure due to trading above the 50-day simple moving average, as the stock tries through this dip to gather positive momentum that may help it recover and rise anew.
Therefore we expect the stock to rise in upcoming trading, targeting the pivotal resistance of $182.45 in preparation to attack it.
Today’s price forecast: Bullish
Nu Holdings Ltd.’s stock price (NU) fell in latest intraday trading, while trying to gather positive momentum that may help it rise anew and attack the nearby pivotal resistance of $14.08, as it also attempts to vent off its apparent overbought saturation on the RSI indicators, especially with the start of a negative crossover showing up, amid the dominance of the upward correctional trend in the short term and trading alongside a rising trend line.
Therefore we expect the stock to rise in upcoming trading, especially if it breaches the aforementioned resistance of $14.08, targeting the next one at $15.16.
Today’s price forecast: Bullish
The price of (ETHUSD) rose in its recent intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels previously, to succeed in its last rise to get rid of the negative pressure on the (RSI), opening the way towards achieving more of the gains, amid the dominance of the bullish correctional trend on the short-term basis.
The price of (BTCUSD) rose in its intraday levels, to settle again above the key resistance at $106,200, surpassing the resistance of EMA50 to surpass its negative pressure announcing its recovery, supported by the emergence of bullish signals on the (RSI), and under the dominance of bullish correctional wave on the short-term basis.