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Marvel Technology price tries to gather positive momentum - Forecast today - 05-02-2025

Economies.com
2025-02-05 11:45AM UTC

Marvell Technology’s stock price (MRVL) edged lower in the intraday levels, while trying to gather positive momentum to rise anew, amid the dominance of the main upward trend in the medium term while trading alongside the secondary short-term trend line, with positive signals from the RSI after reaching oversold levels. 

 

Therefore we expect the stock to return higher and target the pivotal resistance of $127.20, provided the support of $98.72 holds on.

 

Trend forecast for today: Likely Bullish 

 

Affirm price trapped in a hesitant place - Forecast today - 05-02-2025

Economies.com
2025-02-05 11:45AM UTC

Affirm Holdings’ stock price (AFRM) slid in the intraday levels, amid negative pressure from trading below the 50-day SMA, with negative signals from the RSI after reaching overbought levels, as the stock tries to shake off these negative pressures, amid the dominance of the main upward trend, while trading alongside the secondary short-term trend line. 

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of $72.82, provided the support of $52.48 holds on.

 

Trend forecast for today: Likely Bullish 

Ethereum price (ETHUSD) forecast update - 05-02-2025

Economies.com
2025-02-05 09:01AM UTC

Ethereum price (ETHUSD) hovers around 2764.75$ level and attempts to surpass it, motivated by stochastic current positivity, to continue suggesting the bullish trend for today, reminding you that our next main target is located at 3017.30$, noting that breaking 2630.00$ will put the price under negative pressure that push it to test 2480.00$ followed by 2356.00$ levels before any new attempt to rise.

 

The expected trading range for today is between 2580.00$ support and 2890.00$ resistance.

 

Trend forecast: Bullish

Bitcoin price (BTCUSD) forecast update - 05-02-2025

Economies.com
2025-02-05 09:01AM UTC

Bitcoin price (BTCUSD) didn’t show any strong move since morning, thus, no change to our neutrality until the price confirms breaching 100000.00$ or breaking 95195.00$ support to detect the next targets clearly.

 

To review the details of the expected targets after the breach, please check our morning report for Bitcoin price.

 

The expected trading range for today is between 94000.00$ support and 103000.00$ resistance.

 

Trend forecast: Neutral