Broadcom (AVGO) declined in its latest intraday trading, confirming a breakdown of its main short-term ascending trendline and signaling the start of a corrective bearish wave. This drop is reinforced by continued negative pressure as the stock trades below its 50-day simple moving average, alongside persistent bearish signals from RSI indicators, despite their presence in extremely oversold territory.

Therefore, we expect the stock to decline in the upcoming sessions, as long as it remains below the resistance level of $359.40, targeting the key support level of $324.50 in preparation for a potential break.

Today’s price forecast: Bearish

NVIDIA CORPORATION (NVDA) slipped slightly in its latest intraday trading, as the stock searches for a higher low to serve as a base for regaining positive momentum. The price has now retested support at its 50-day simple moving average, while the broader short-term trend remains firmly bullish. Meanwhile, RSI indicators have fallen into extremely oversold territory—excessively so relative to price action—suggesting fading negative momentum and rising chances of a rebound.

Therefore, we expect the stock to rise in the upcoming sessions, as long as it holds above the support level of $182.40, targeting the resistance level of $211.30.

Today’s price forecast: Bullish

The price of (ETHUSD) rose in its last trading on the intraday levels, retesting the key resistance at $3,070, in attempt to recover its oversold conditions that appears clearly on the relative strength indicators, supported by the emergence of the positive signals from there, amid the continuation of the negative pressure that comes from its trading below EMA50, reducing the chances of the full recovery on the near-term basis, and reinforcing the stability of the main bearish trend.

Bitcoin (BTCUSD) prices rose on their last intraday trading, after reaching our morning target at the main support at $90,000, with the stability of the support that provided bullish momentum that helped the price to achieve these gains, recovering some of its previous losses, and offloading some of its oversold conditions on the relative strength indicators, especially with the emergence of the positive signals from there, amid the dominance of the main bearish trend on the short-term basis.