NVIDIA Corporation (NVDA) stock price declined in its latest intraday trading, after encountering resistance at its 50-day SMA, which forced the price to pull back amid the dominance of a sideways trend controlling the stock’s movement in the short term. This weak performance came after the stock managed to unwind its oversold conditions on the RSI, which may increase the surrounding negative pressure in the near term.

Therefore we expect the stock price to decline during its upcoming trading sessions, as long as resistance at $187.65 remains intact, targeting the key support level at $170.30.

Today’s price forecast: Bearish

Monero (XMRUSD) price continued to decline in its latest intraday trading, amid negative signals from the RSI, as the price attempts to find a higher low that could serve as a base to help it gain the positive momentum needed to regain its recovery. This comes while dynamic support remains intact as it continues trading above its 50-day SMA, which reinforces the strength and stability of the main short-term bullish trend, especially with price moving alongside a minor trendline supporting this path.

Therefore we expect the cryptocurrency price to rise during its upcoming intraday trading sessions, provided that it remains stable above the support level at $357.50, targeting the resistance level at $375.30.

Today’s price forecast: Bullish

Bank of America Corporation (BAC) stock price posted slight gains in its latest intraday trading, as the stock attempts to recover part of its previous losses, while also trying to unwind some of its clear oversold conditions indicated by the RSI, especially with the beginning of a positive crossover appearing in the indicator. This comes amid the dominance of a steep short-term corrective wave, along with continued negative pressure resulting from trading below its 50-day SMA.

Therefore we expect the stock price to decline during its upcoming trading sessions, especially as long as it remains stable below the resistance level at $48.80, targeting the support level at $44.80.

Today’s price forecast: Bearish

Coinbase Global (COIN) stock price rose in its latest intraday trading, after being previously influenced by a breakout above a short-term minor bearish trendline, which provided positive momentum that helped it move above its 50-day SMA, thereby easing the prior negative pressure. In addition, the RSI is beginning to deliver positive signals after the stock managed to unwind its overbought conditions, giving it greater ability to extend its gains in the coming period.

Therefore we expect the stock price to rise during its upcoming intraday trading sessions, as long as it remains stable above the support level at $193.35, targeting the first resistance level at $231.50.

Today’s price forecast: Bullish