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Pfizer price shakes off negative pressure - Forecast today - 22-08-2024

Economies.com
2024-08-22 10:55AM UTC

Pfizer’s stock price (PFE) rose in the intraday levels and managed to shake off negative pressure from the 50-day SMA, amid the dominance of the upward correctional trend in the short term, with positive signals from the RSI after reaching oversold levels. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance at $31.50, provided the support of $28.30 holds its ground. 

 

Trend forecast: Bullish 

 

First Digital price tries to pierce current resistance - Forecast today - 22-08-2024

Economies.com
2024-08-22 12:03PM UTC

First Digital USD’s price stabilized higher in the intraday levels while trying to pierce the important resistance of 1.00086018, as the price is buoyed by piercing the downward short-term trend line previously, with support due to trading above the 50-day SMA, coupled with positive signals from the RSI after the price managed to vent off overbought saturation there. 

 

Therefore we expect the price to rise and target the next resistance at 1.00370077, provided the initial resistance of 1.00086018 is reliably breached. 

 

Trend forecast: Bullish 

Pepe price rises cautiously - Forecast today - 22-08-2024

Economies.com
2024-08-22 12:02PM UTC

Pepe’s price (PEPEUSD) inched down in the intraday levels, amid the dominance of the downward correctional trend in the medium term, with negative pressure due to trading below the 50-day SMA, as the RSI reached overbought levels compared to the price’s movements, hinting at negative divergence, and doubling negative pressures. 

 

Therefore we expect the price to decline, provided it settles below the resistance of 0.000008610362, thus targeting the pivotal support of 0.000003941054, and ending there the harmonic AB=CD pattern.

 

Trend forecast: Likely Bearish 

Dogecoin price touches SMA resistance - Forecast today - 22-08-2024

Economies.com
2024-08-22 12:02PM UTC

Dogecoin price (DOGEUSDT) rose in the intraday levels, while trading alongside the downward trend line in the medium term, while the RSI reached overbought levels compared to the price’s movements, hinting at negative divergence, with the price recently touching the resistance of the 50-day SMA.

 

Therefore we expect the price to decline and target the pivotal support of 0.07484, provided the resistance of 0.12010 holds on.

 

Trend forecast: Likely Bearish