AT&T’s price edged lower in latest intraday trading as the price tries to gather positive momentum to rise anew, while also venting off overbought saturation in the Stochastic, amid the dominance of the main upward trend as the price trades alongside the secondary short-term trend line, with ongoing positive pressure due to trading above the 50-day SMA.
Therefore we expect the price to rise and target the pivotal resistance of $29.00, provided the support of $27.00 holds on.
Today’s price forecast: Bullish
The price of Ethereum (ETHUSD) soars high in its last intraday trading, to approach our target at the critical resistance at $1,900, to settle above it until this moment, surrounded by several positive pressures, the most important is the domination of the bullish correctional trend on the short-term basis and its trading alongside bias line, with the emergence of the positive signals on the (RSI), despite reaching overbought levels.
The price of bitcoin continued the rise in its last intraday trading, to approach our main target at $100.000, supported by the dominance of the main bullish trend and its trading alongside the bias line, with the continuation of the positive signals emerging on the (RSI), despite reaching overbought levels.
The price of brent crude oil rose in its last intraday trading, to test the main bearish trend line on the short-term basis, accompanied by reaching the resistance of its EMA50, increasing the strength of this area as a resistance against the upside track.
This performance comes after the price success of gaining some of the positive momentum, due to the stability of the support level of $60.70, attempting to recover some of its previous losses and offloading some of its clear oversold conditions on the (RSI), especially with the emergence of positive signals from it.