Illumina’s price (ILMN) rose slightly in its latest intraday trading, supported by continued movement above the 50-day simple moving average. The stock also remains under the influence of a short-term corrective uptrend, trading along a supportive ascending trendline, while positive signals continue to appear on the relative strength indicators.

Therefore, we expect the stock’s price to rise in the coming sessions, especially if it breaks above the key resistance at 130.20$, targeting the next major resistance at 151.75$.

Today’s price forecast: Bullish

The price of (ETHUSD) declined in its last intraday trading, with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, accompanied with the stability of the key resistance at $2,950, amid the dominance of the main bearish trend on the short-term basis and its trading alongside trend line, leaning on the support of EMA50, in a last attempt to gain bullish momentum that may help it to recover on the near-term basis.

Bitcoin (BTCUSD) prices surrendered to the negative pressure on the last intraday basis, where they declined due to the stability of the resistance at $88,000, hitting the resistance of EMA50, intensifying the negative pressure with the emergence of the negative signals on the relative strength indicators, under the main bearish trend on the short-term basis.

Brent crude oil price declined in its last intraday levels, after offloading some of its previous losses with the opening of today’s trading, amid the continuation of the negative pressure due to its stability below EMA50, with the dominance of the main bearish trend and its trading alongside steep minor bearish trend line on the short-term basis.