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Polygon price rises cautiously - Forecast today - 30-01-2025

Economies.com
2025-01-30 13:25PM UTC

Polygon’s currency price (MATICUSDT) edged higher in the intraday levels, while trying to recoup some recent losses, as it also tried to vent off oversold saturation in the RSI, amid the dominance of the downward trend, with negative pressure from trading below the 50-day SMA. 

 

Therefore we expect the currency to return lower, targeting the pivotal support of $0.286, provided it settles below the resistance of $0.414. 

 

Trend forecast for today: Likely Bearish 

Hedera price receives positive support - Forecast today - 30-01-2025

Economies.com
2025-01-30 13:24PM UTC

Hedera’s currency price (HBARUSDT) advanced in the intraday levels after leaning on the support of the 50-day SMA, lending the price positive momentum, amid the dominance of the upward trend in the short term, with positive signals from the RSI after reaching oversold levels compared to the price’s movements, hinting at positive divergence. 

 

Therefore we expect more gains for the price, targeting the pivotal resistance of $14.968, provided the support of $9.818 holds on.

 

Trend forecast for today: Bullish 

 

Zcash price tries to vent off oversold saturation - Forecast today - 30-01-2025

Economies.com
2025-01-30 13:24PM UTC

Zcash’s currency price (ZECUSDT) rose in the intraday levels and recouped some recent losses, while trying to vent off oversold saturation in the RSI, with positive signals coming out of it, amid the dominance of the downward correctional trend in the short term, with negative pressure from trading below the 50-day SMA. 

 

Therefore we expect the price to return lower and target the support of $33.00, provided it settles below the resistance of $45.40.

 

Trend forecast for today: Likely Bearish 

Flow/USD price tries to recoup some losses - Forecast today - 30-01-2025

Economies.com
2025-01-30 13:23PM UTC

Flow / USD’s currency price advanced in the intraday levels, after the support of $0.630 held on, lending the price positive momentum while trying to recoup some recent losses, as it also vented off oversold saturation in the RSI with positive signals coming out of it, amid the dominance of the downward correctional trend in the short term, with negative pressure from trading below the 50-day SMA. 

 

Therefore we expect the price to return lower, provided the aforementioned support of $0.630 was breached, thus targeting the next pivotal one at $0.469.

 

Trend forecast for today: Likely Bearish