Coinbase Global's stock price (COIN) advanced in its latest intraday trading, supported by a bounce from a short-term ascending trendline that provided positive momentum. This upward move coincided with the Relative Strength Index reaching deeply oversold levels, suggesting a potential bullish divergence, especially as early positive signals begin to appear. The stock is also attempting to overcome negative pressure from the 50-day simple moving average.
Therefore, we expect the stock price to rise in upcoming sessions, provided support at $293.30 holds, targeting the resistance level of $365.75.
Today’s price forecast: Bullish.
Uber Technologies' stock price (UBER) advanced in its latest intraday trading, supported by a bounce from the 50-day simple moving average, within the context of a prevailing short-term uptrend and movement along a supporting trendline. Positive signals are also emerging from the Relative Strength Index after reaching highly oversold levels, adding strength to the recovery outlook.
Therefore, we expect the stock price to rise in upcoming sessions, as long as support at $85.45 remains intact, targeting the key resistance level of $97.70.
Today’s price forecast: Bullish.
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.