Moderna’s stock price (MRNA) inched higher in latest intraday trading, attacking the current resistance level of $31.12 amid the dominance of an upward correctional wave in the short term, supported by trading above the 50-day SMA and positive signals streaming from the Stochastic, despite it reaching extremely overbought levels.

Therefore we expect the stock to rise in upcoming trading, provided it first breaches the aforementioned resistance of $31.12, targeting the next one at $36.75.

Today’s price forecast: Bullish

The price of (ETHUSD) declined slightly in fluctuated trading in its recent intraday levels, attempting to gain positive momentum that might assist it to keep the bullish correctional trend, with its trading alongside a bias line on the short-term basis, attempting to offload some of its clear overbought levels on the (RSI), especially with the emergence of the negative signals, amid the continuation of the positive pressure due to its trading above EMA50.

The price of (BTCUSD) declined in its intraday levels, amid the emergence of the negative signals on the (RSI), after reaching oversold levels, attempting to offload these conditions to gain positive momentum that might assist it to recover and rise again, amid the dominance of the bullish trend on the short-term basis and its trading alongside a bias line, taking advantage of the dynamic support that is represented by its trading above EMA50, assisting it to settle positively.

The price of (Brent) rose in its last intraday trading, due to the effect of its lean on the support of its EMA50, providing positive momentum that assisted it to recover its early losses for today, getting ready to attack the key resistance level at $68.70, supported by the emergence of the positive signals of the (RSI), after reaching oversold levels, to form a positive divergence that intensify the stability of the bullish track.