Ripple (XRPUSD) price rose slightly in its latest intraday trading, moving along a short-term ascending trendline and supported by continued trading above its 50-day SMA. The recent advance came after successfully easing its clear overbought conditions on the RSI, giving it more room to achieve further gains.
Therefore, we expect the price to rise in the upcoming intraday trading, as long as the support level of 2.7387 holds, targeting the key resistance level of 3.6662.
Today’s price forecast: Bullish.
dogwifhat (WIFUSD) price held lower in its latest intraday trading, attempting to gain positive momentum that could help it recover and rise again, while also trying to ease its clear overbought conditions on the RSI, especially with negative signals starting to appear. The recent decline found support at the 50-day SMA, coinciding with a test of a short-term corrective ascending trendline.
Therefore, we expect the price to rise in the upcoming intraday trading, provided the support level of 0.81910 holds, targeting the key resistance level of 1.32370.
Today’s price forecast: Bullish.
Western Digital Corporation’s stock price (WDC) declined in its latest intraday trading, attempting to gain positive momentum that may help it recover and rise again. The short-term main uptrend remains in control, with trading aligned along a supportive trendline and continued positive pressure from holding above its previous 50-day SMA. Additionally, we notice the beginning of a positive divergence in the RSI after it reached extremely oversold levels relative to price movement, with positive signals starting to appear.
Therefore, we expect the stock to rise in its upcoming trading, especially while holding above 71.80, targeting the resistance level of 88.30.
Today’s price forecast: Bullish.
Snap Inc.’s stock price (SNAP) declined in its latest intraday trading, impacted by breaking a short-term ascending corrective trendline, with continued negative pressure from trading below its previous 50-day SMA. The stock now appears poised to break the key support level of 7.11, especially with negative signals from the RSI despite it being in oversold territory.
Therefore, we expect the stock to fall in its upcoming trading, particularly if it breaks the aforementioned 7.11 support, targeting the next support level at 6.20.
Today’s price forecast: Bearish.