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Litecoin price collects profits - Forecast today - 09-12-2024

Economies.com
2024-12-09 13:15PM UTC

Litecoin’s currency price (LTCUSD) fell in the intraday levels on profit-taking, while venting off overbought saturation in the RSI, coupled with negative signals from the RSI, as it gathers positive momentum to rise anew, amid the dominance of the main upward trend in the short term, coupled with positive pressure from trading above the 50-day SMA. 

 

Therefore we expect the price to return higher, provided it settles above $112.98, targeting the resistance of $151.93. 

 

Trend forecast: Likely Bullish

 

EOS tries to vent off overbought saturation - Forecast today - 09-12-2024

Economies.com
2024-12-09 13:16PM UTC

EOS/USD fell in the intraday level on profit-taking while venting off overbought saturation in the RSI as negative signals stream out of it, with the price gathering momentum to climb anew, amid the dominance of the main upward trend in the short term, with positive pressure due to trading above the 50-day SMA.

 

Therefore we expect the price to return higher, provided it settles firmly above $1.1358, thus targeting the resistance of $1.6215.

 

Trend forecast: Likely Bullish

 

Binance Coin price tries to gather positive momentum - Forecast today - 09-12-2024

Economies.com
2024-12-09 13:16PM UTC

Binance Coin’s currency (BNBUSD) fell in the intraday levels, while gathering positive momentum to rise anew, as it also vented off overbought saturation in the RSI with negative signals coming out of it, amid the dominance of the upward trend, while it trades alongside the secondary short-term trend line, with positive pressure due to trading above the 50-day SMA. 

 

Therefore we expect the price to return higher, provided the pivotal resistance of $724.20 was reliably breached, thus targeting the next one at $923.5.

 

Trend forecast: Likely Bullish

Toncoin price driven lower by current resistance - Forecast today - 09-12-2024

Economies.com
2024-12-09 13:16PM UTC

Toncoin’s currency price (TONUSD) fell in the intraday levels after the current resistance of $7.100 held its ground, amid negative signals from the RSI despite reaching oversold levels, while the price tries to gather positive momentum to pierce that resistance, amid the dominance of the upward medium-term trend, coupled with positive pressure from trading above the 50-day SMA.

 

Therefore we expect the price to return higher and target the resistance of $7.100 once again, provided the support of $6.000 holds on.

 

Trend forecast: Likely Bullish