Roblox Corporation (RBLX) stock price recorded a decline in its latest intraday trading, amid the dominance of a short-term corrective bearish trend, while moving alongside a trendline supporting this path. The stock remains under negative pressure as it continues to trade below its 50-day SMA, alongside the emergence of negative signals on the Stochastic indicator.
Therefore we expect the stock price to decline during its upcoming trading sessions, as long as resistance at $72.80 remains intact, targeting the key support level at $50.10.
Today’s price forecast: Bearish
The price of (ETHUSD) rose in its last intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, under the dominance of the main bearish trend on short-term basis, attempting to recover some of its previous losses, and offloading some of its clear oversold conditions on relative strength indicators, especially with the emergence of positive signals from there.
Brent prices began to recover and rise again in their last intraday trading, with the emergence of positive overlapping signals from relative strength indicators, after reaching oversold levels, amid the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this path, with a dynamic support that is represented by its trading above EMA50, reinforcing the chances of extending its gains on the near-term basis.
BTCUSD price rose on its last intraday levels, due to the stability of the key support at $65,000, gaining bullish momentum that helped it to achieve these gains, to recover some previous losses, attempting to offload some of its clear oversold conditions from relative strength indicators, especially with the emergence of positive signals from there, amid the continuation of the negative pressure due to its trading below EMA50, under the dominance of the main bearish trend on short-term basis.