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Roblox price tries to gather positive momentum - Forecast today - 31-12-2024

Economies.com
2024-12-31 09:27AM UTC

Roblox Corporation’s stock price (RBLX) fell in the intraday levels, while trying to gather positive momentum to rise anew, amid the dominance of the main upward trend in the short term, with positive pressure due to trading above the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels. 

 

Therefore we expect the price to return higher, targeting the resistance of $61.77, provided the support of $55.00 holds on.

 

Trend forecast for today: Likely Bullish

Ethereum price (ETHUSD) under the negative pressure – Forecast today - 31-12-2024

Economies.com
2024-12-31 04:11AM UTC

Ethereum price (ETHUSD) shows more bearish bias to test 3300.00$ barrier, waiting to continue the decline to achieve the first negative target at 3222.00$, reminding you that breaking this level will push the price towards 3017.30$ as a next negative station.

 

The negative effect of the double top pattern that appears on the chart supports the expectations of continuing the bearish trend, noting that breaching 3510.00$ will stop the negative scenario and lead the price to turn to rise.

 

The expected trading range for today is between 3200.00$ support and 3460.00$ resistance.

 

Trend forecast: Bearish

Bitcoin price (BTCUSD) approaches the first target – Forecast today - 31-12-2024

Economies.com
2024-12-31 04:10AM UTC

Bitcoin price (BTCUSD) provided more negative trades to approach our first waited target at 91000.00$, and continues to move inside the correctional bearish channel that supports the chances of continuing the decline to head towards 38.2% Fibonacci correction level at 87055.00$.

 

Therefore, we will continue to suggest the bearish trend for the upcoming period, noting that breaching 95195.00$ will stop the expected decline and lead the price to attempt to regain the main bullish trend again.

 

The expected trading range for today is between 88000.00$ support and 94500.00$ resistance.

 

Trend forecast: Bearish

The USDCHF price achieves clear gains – Forecast today - 31-12-2024

Economies.com
2024-12-31 04:10AM UTC

The USDCHF price provided clear positive trades yesterday to reach 0.9070 areas, which supports the continuation of the expected bullish trend for the upcoming period, which targets 0.9100 as a next station.

 

Stochastic attempts to gather new positive momentum to support the expectations of continuing the rise on the intraday and short-term basis, reminding you that the continuation of the bullish wave requires holding above 0.9014.

 

The expected trading range for today is between 0.8970 support and 0.9100 resistance.

 

Trend forecast: Bullish