Marvell Technology (MRVL) posted cautious gains in recent intraday trading as the stock attempted to recover part of its recent losses. At the same time, the rebound has helped ease its clearly oversold conditions on momentum indicators, particularly as fresh bullish signals have started to emerge. However, the stock remains under the control of a short-term bearish corrective trend, while continued trading below its 50-day Simple Moving Average (SMA) maintains negative pressure and limits the prospects for a full recovery in the near term.

Therefore, our outlook remains bearish for the stock's upcoming trading sessions, as long as resistance at $225.00 remains intact. Under this scenario, the stock is expected to target the support level at $170.85.

Today's price forecast: Bearish.

Ethereum (ETHUSD) keeps fluctuating on its last intraday levels, to gain the required bullish momentum for helping its to breach the key and stubborn resistance at $1,935, amid the continuation of the positive pressure that comes from its trading above EMA50, reinforced by the stability and dominance of the main bullish trend on the short-term basis, especially with its trading alongside supportive trend line for this path, on the other hand, we notice negative signals emerge from the relative strength indicators, indicating a lack of momentum until this moment, which obstructed the recovery in the previous period.

Brent crude oil settles on consecutive gains on its last intraday levels, reaching $94.65 resistance level, which was our expected target in our previous analysis, supported by its trading above EMA50, which represents a dynamic support base that reinforces the stability and dominance of the bullish trend on the short-term basis, with the emergence of positive signals from the relative strength indicators, despite reaching overbought levels.

The price of Bitcoin settle lower in its last intraday trading, attempting to look for a higher low to take it as a base that might help it to gain the required bullish momentum for its recovery, amid the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line, besides the continuation of the positive pressure that comes from its trading above EMA50, reinforcing the chances of near term recovery.