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Spotify price gives in to negative pressures - Forecast today - 23-07-2026

Economies.com
2026-07-23 12:06 UTC

Spotify Technology (SPOT) moved lower in recent intraday trading after once again failing to break above the key resistance level at $488.80. The stock remains under the control of the primary medium-term downtrend, with price action continuing to follow a descending trendline that reinforces the prevailing bearish trend. Meanwhile, momentum indicators continue to generate bearish signals after reaching extremely overbought levels, adding to the negative pressure surrounding the stock and increasing the risk of further weakness in the near term.

 

Therefore, our outlook remains bearish for the stock's upcoming trading sessions, as long as resistance at $488.80 remains intact. Under this scenario, the stock is expected to target its first support level at $453.50.

 

Today's price forecast: Bearish.

International Paper price rallies - Forecast today - 23-07-2026

Economies.com
2026-07-23 12:05 UTC

International Paper Company (IP) surged higher in recent intraday trading, supported by a short-term bullish corrective trend, with price action continuing to move alongside an ascending trendline that reinforces the current advance. The stock also remains above its 50-day Simple Moving Average (SMA), which is acting as dynamic support and improving the prospects for extending its gains in the near term. Meanwhile, momentum indicators have started to form a bullish crossover after reaching extremely oversold levels relative to the stock's price action, providing an additional source of positive momentum.

 

Therefore, our outlook remains bullish for the stock's upcoming trading sessions, as long as support at $35.85 remains intact. Under this scenario, the stock is expected to target the first resistance level at $39.80, with a strong possibility of breaking above it.

 

Today's price forecast: Bullish.

Marvell Technology price tries to recoup some losses - Forecast today - 23-07-2026

Economies.com
2026-07-23 12:05 UTC

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.

Forecast update for Ethereum -23-07-2026

Economies.com
2026-07-23 11:00 UTC

 

 

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.