Coinbase Global (COIN) posted a slight increase in its latest intraday trading, as the stock attempts to recover part of its previous losses while also trying to unwind its clear oversold pressure on the Relative Strength Indicators, especially with positive signals starting to appear. This comes despite the dominance of a steep short-term corrective downtrend and continued negative pressure from trading below its 50-day simple moving average.

Therefore, our expectations lean toward a decline in the stock’s price in the upcoming sessions, particularly if it breaks below the key support at $235.30, after which it would target its next support level at $193.35.

Today’s price forecast: Bearish

Uber Technologies (UBER) settled lower in its latest intraday trading after a sharp corrective decline in recent sessions. The stock has now reached the key support level of $82.30, which provided enough positive momentum to halt the selloff, especially as a bullish crossover begins to emerge on the Relative Strength Indicators after reaching extremely oversold levels. This suggests an attempt to unwind part of this oversold pressure.

Therefore, we expect the stock to decline in the upcoming sessions, particularly if it breaks below the mentioned support at $82.30, targeting its next support level at $77.25.

Today’s price forecast: Bearish

Airbnb (ABNB) saw a slight uptick in its latest intraday trading, even as the stock continues to face negative pressure while trading below its 50-day simple moving average. The medium-term downtrend remains dominant, with the price moving along a descending trendline. These recent gains appear to be an attempt to recover part of its previous losses, while the stock also works on easing its clear oversold conditions on the Relative Strength Indicators, especially as early positive signals begin to appear.

Therefore, we expect the stock to decline in the upcoming sessions, as long as it remains below $117.30, targeting the support level at $105.40.

Today’s price forecast: Bearish

Bitcoin (BTCUSD) prices declined during their last intraday trading, affected by reaching the resistance of EMA50, with the emergence of the negative signals on the relative strength indicators after reaching overbought levels, affected by breaching minor bearish trend line on the short-term basis, therefore, we attribute the recent declines to the price’s attempt to gain bullish momentum to help it surpass the negative pressure.