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Monero price receives positive support - Forecast today - 08-01-2025

Economies.com
2025-01-08 10:45AM UTC

Monero’s currency price (XMRUSDT) rose in a very volatile session after leaning on the support of the 50-day SMA, lending the price positive momentum, which helped it rebound and turn early losses into modest gains, amid the dominance of the main upward trend in the medium term, with negative signals from the RSI after reaching overbought levels. 

 

Therefore we expect the price to rise and target the resistance of $234.36, provided the support of $182.30 holds on.

 

Trend forecast for today: Bullish 

KILT price leans on SMA support - Forecast today - 08-01-2025

Economies.com
2025-01-08 10:45AM UTC

KILT/USD currency price fell in the intraday levels amid negative signals from the RSI after reaching overbought levels, as the price tries to gather positive momentum to rise anew, as it also vented off overbought saturation, while leaning on the support of the 50-day SMA, amid the dominance of the upward correctional trend in the short term. 

 

Therefore we expect the price to return higher and target the pivotal resistance of $0.255, provided the support of $0.138 holds on.

 

Trend forecast for today: Likely Bullish 

Lennar Corporation price extends losses - Forecast today - 08-01-2025

Economies.com
2025-01-08 10:25AM UTC

Lennar Corporation’s stock price (LEN) fell in the intraday levels, amid the dominance of the downward correctional trend in the short term, with negative pressure from trading below the 50-day SMA, while the stock managed to vent off oversold saturation in the RSI.

 

Therefore we expect more losses for the stock, targeting the support of $125.55, provided it settles below the resistance of $141.13.

 

Trend forecast for today: Bearish 

 

ConocoPhilips price tries to correct downward trend - Forecast today - 08-01-2025

Economies.com
2025-01-08 10:24AM UTC

ConocoPhilips’ stock price (COP) advanced in the intraday levels while trying to correct the main downward trend in the medium term, with negative pressure due to trading below the 50-day SMA, while a negative divergence forms in the RSI after reaching overbought levels compared to the stock’s movements. 

 

Therefore we expect the price to return lower, targeting the support of $94.23, provided the resistance of $105.77 holds on.

 

Trend forecast for today: Likely Bearish