Monero’s currency price (XMRUSDT) extended its gains in the intraday levels, buoyed by trading above the 50-day SMA, amid the dominance of the main upward trend, as the price trades alongside the secondary short-term trend line, with positive signals from the RSI after reaching oversold levels.
Therefore we expect more gains for the price, targeting the pivotal resistance of $245.00.
Trend forecast for today: Bullish
KILT/USD currency price inched lower in the intraday levels after a spike in earlier trade, while venting off oversold saturation in the RSI, thus retesting the pivotal resistance of $0.121, amid the dominance of the main downward trend in the medium term, with negative pressure due to trading below the 50-day SMA.
Therefore we expect the price to decline and target the support of $0.034, provided it settles below the resistance of $0.121.
Trend forecast for today: Bearish
IOTA’s currency price (IOTAUSDT) edged higher in the intraday levels, amid the dominance of the downward correctional trend in the short term, with negative pressure due to trading below the 50-day SMA, while trying to recoup some recent losses, as it also tries to vent off oversold saturation in the RSI.
Therefore we expect the price to return lower, targeting the support of $0.1737, provided the resistance of $0.2528 holds on.
Trend forecast for today: Likely Bearish
Polygon’s currency price (MATICUSDT) inched lower in the intraday levels, amid the dominance of the main downward trend in the medium term as the price trades alongside the secondary short-term trend line, with negative pressure due to trading below the 50-day SMA, as the pivotal support of $0.286 held its ground, while venting off oversold saturation in the RSI.
Therefore we expect the price to lose ground, provided the aforementioned support of $0.286 was reliably breached, thus targeting the next one at $0.149.
Trend forecast for today: Likely Bearish