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Dogecoin price collects profits - Forecast today - 16-01-2025

Economies.com
2025-01-16 15:10PM UTC

Dogecoin’s currency price (DOGEUSDT) fell in the intraday levels on profit-taking, while gathering positive momentum to shake off negative pressure from the 50-day SMA, amid the dominance of the upward short-term, with positive signals from the RSI.

 

Therefore we expect the price to rise and target the pivotal resistance of $0.4800, provided the support of $0.31430 holds on.

 

Trend forecast for today: Bullish

End of day crude oil price forecast update - 16-01-2025

Economies.com
2025-01-16 16:43PM UTC

Crude oil price faces strong negative pressure to break the bullish channel’s support line and head towards starting bearish correction on the intraday basis, noting that closings the day below 78.25$ will confirm the continuation of the decline and achieve negative targets that start by visiting 76.75$ areas.

End of day gold price forecast update - 16-01-2025

Economies.com
2025-01-16 16:43PM UTC

Gold price rallied upwards strongly to approach our extended target at 2725.00$, and the way seems open to continue the rise and achieve more gains on the intraday and short term basis, taking into consideration that breaking 2700.00$ might force the price to achieve some temporary decline before turning back to rise again.

Shiba Inu price trapped in a hesitant place - Forecast today - 16-01-2025

Economies.com
2025-01-16 15:10PM UTC

Shiba Inu’s currency price (SHIBUSDT) fell in the intraday levels, amid negative pressure from trading below the 50–day SMA, while trying to gather positive momentum to shake off the negative pressure, amid the dominance of the upward trend in the short term, with positive signals from the RSI.

 

Therefore we expect the price to rise and target the resistance of $0.00002493, provided the support of $0.00002017 holds on.

 

Trend forecast for today: Likely Bullish