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Coca-Cola price suffers from negative pressures - Forecast today - 31-12-2024

Economies.com
2024-12-31 09:28AM UTC

Coca-Cola Company’s stock price (KO) fell in the intraday levels, with negative pressure due to trading below the 50-day SMA, with negative signals from the RSI and amid the dominance of the downward correctional trend in the short term.  

 

Therefore we expect more losses for the stock, targeting the pivotal and near support of $61.27, provided the resistance of $64.36 holds on.

 

Trend forecast for today: Bearish

 

Marriott International price leans on SMA support - Forecast today - 31-12-2024

Economies.com
2024-12-31 09:27AM UTC

Marriott International’s stock price (MAR) fell in the intraday levels, while leaning on the support of the 50-day SMA, in an attempt to seek a bottom to boost it higher anew, amid the dominance of the main upward trend in the short term, with positive signals from the RSI after reaching  oversold levels. 

 

Therefore we expect the price to return higher and target the pivotal resistance of $295.45, provided the support of $276.28 holds on.

 

Trend forecast for today: Likely Bullish

 

Roblox price tries to gather positive momentum - Forecast today - 31-12-2024

Economies.com
2024-12-31 09:27AM UTC

Roblox Corporation’s stock price (RBLX) fell in the intraday levels, while trying to gather positive momentum to rise anew, amid the dominance of the main upward trend in the short term, with positive pressure due to trading above the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels. 

 

Therefore we expect the price to return higher, targeting the resistance of $61.77, provided the support of $55.00 holds on.

 

Trend forecast for today: Likely Bullish

Ethereum price (ETHUSD) under the negative pressure – Forecast today - 31-12-2024

Economies.com
2024-12-31 04:11AM UTC

Ethereum price (ETHUSD) shows more bearish bias to test 3300.00$ barrier, waiting to continue the decline to achieve the first negative target at 3222.00$, reminding you that breaking this level will push the price towards 3017.30$ as a next negative station.

 

The negative effect of the double top pattern that appears on the chart supports the expectations of continuing the bearish trend, noting that breaching 3510.00$ will stop the negative scenario and lead the price to turn to rise.

 

The expected trading range for today is between 3200.00$ support and 3460.00$ resistance.

 

Trend forecast: Bearish