Intel Corporation’s stock price (INTC) fell in the intraday levels amid the dominance of the main downward trend in the medium term, with negative signals from the RSI after reaching overbought levels, while also hurt by the resilience of the $22.00 resistance, thus doubling negative pressures.
Therefore we expect more losses for the stock, targeting the pivotal support of $18.50, provided the resistance of $22.00 holds on.
Trend forecast: Bearish
Toncoin’s currency price (TONUSD) stabilized in the intraday levels amid negative pressure from trading below the 50-day SMA, and amid the dominance of the downward correctional trend in the short term, with negative signals from the RSI.
Therefore we expect more losses for the currency, targeting the resistance of $6.00, provided the pivotal support of $4.60 holds on.
Trend forecast: Bearish
Tron’s currency price (TRXUSD) fell in the intraday levels while gathering positive momentum to rise anew, as it also vented off overbought saturation in the RSI with negative signals coming out of it, while leaning on the support of the 50-day SMA, amid the dominance of the main upward trend.
Therefore we expect the price to return higher and target the pivotal resistance of $0.16906346, provided the support of $0.14632516 holds on.
Trend forecast: Likely Bullish
Litecoin’s currency price inched lower in the intraday levels while trespassing the support of the 50-day SMA, exposing the price to more pressures, and amid the dominance of the main downward trend in the medium term, with negative signals from the RSI.
Therefore we expect the price to return lower and target the pivotal support of $59.66, provided the resistance of $69.14 holds on.
Trend forecast: Bearish