IOTA’s currency price rose in latest intraday trading after exiting a descending price channel that guided recent short-term trading, with ongoing positive pressure due to trading above the 50-day SMA, managing to pierce the current resistance of $0.1919, but countered with negative signals from the Stochastic after reaching overbought levels, representing an obstacle ahead of the price’s future gains.
Therefore we expect the price to gain ground as long as it settles above $0.1919, targeting the first resistance at $0.2077.
Today’s price forecast: Bullish
Polygon’s currency price (MATICUSDT) extended its gains in latest intraday trading, buoyed by trading above the 50-day SMA and forming a dynamic support that helped the price pierce the ceiling of a descending correctional price channel that guided recent short-term trading, with the price rising despite negative signals from the Stochastic after reaching overbought levels, indicating the strength of the buying momentum.
Therefore we expect more gains for the price, targeting the resistance of $0.254, provided the support of $0.208 holds on.
Today’s price forecast: Bullish
Apple’s stock price (AAPL) fell in latest intraday trading after bumping into the resistance of the 50-day SMA, amid the dominance of the downward correctional trend in the short term, with the stock falling after managing to vent off oversold saturation in the Stochastic, thus giving in to surrounding negative pressures.
Therefore we expect the stock to decline further, as long as it settles below $207.50, targeting the support of $180.45.
Today’s price forecast: Bearish
Oklo’s stock price rose in latest intraday trading, amid the dominance of the main upward trend in the short term, while boosted by trading above the 50-day SMA, coupled with a positive divergence in the Stochastic after reaching oversold levels compared to the price’s movements, sending out positive signals.
Therefore we expect more gains for the price in upcoming trading, provided the support of $45.00 holds on, targeting the pivotal resistance of $58.70.
Today’s price forecast: Bullish