DocuSign, Inc. (DOCU) declined in its latest intraday trading after the stock collided with resistance at its 50-day simple moving average, exposing it to renewed downside pressure reinforced by the dominance of the main medium- and short-term bearish trend, with the price moving alongside a descending trendline. However, we note the beginning of a positive crossover on the RSI indicators after the stock successfully relieved its overbought saturation, which may provide some positive momentum to help counter current selling pressure—though this remains limited as long as the stock holds below its existing resistance levels.

Therefore we expect the stock to decline in its upcoming trading, as long as the pivotal resistance at $72.35 remains intact, targeting the support level of $63.40.

Today’s price forecast: Neutral

The price of (ETHUSD) settles in a sharp decline on the last intraday trading, looking for rising low that may help it to gain the required bullish momentum for its recovery, amid the continuation of the dynamic support that is represented by its trading above EMA50, with the dominance of the bullish corrective trend on the short-term basis and its trading above EMA50, with the dominance of the bullish corrective trend on the short-term and its trading alongside main and minor trend line, besides reaching oversold levels by the relative strength indicators, exaggeratedly compared to the price move, indicating the beginning of forming positive divergence, especially with the emergence of positive overlapping signals.

Bitcoin (BTCUSD) prices settled in a decline in its last intraday trading, affected by surpassing EMA50’s support, putting it under negative pressure on the intraday basis, on the other hand, we notice the emergence of positive overlapping signals on the relative strength indicators, after reaching oversold levels, amid the dominance of the bullish corrective trend on the short-term basis and its trading alongside supportive trend line for this trend.

Brent crude oil’s price slipped lower on the recent intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, reaching $61.25 key support which represents expected target in our previous analysis, affected by negative technical formation that has formed previously on the relative strength indicators.