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Shiba Inu price breaches upside trend line - Forecast today - 28-01-2025

Economies.com
2025-01-28 11:33AM UTC

Shiba Inu’s currency price (SHIBUSDT) edged lower in the intraday levels, with negative pressure from trading below the 50-day SMA, coupled with negative signals from the RSI, confirming the breach of the upside short-term trend line, thus doubling the negative pressures. 

 

Therefore we expect the price to decline and target the first support at $0.00001896, provided the resistance of $0.00002169 holds on.

 

Trend forecast for today: Bearish 

 

Visa price soars - Forecast today - 28-01-2025

Economies.com
2025-01-28 11:12AM UTC

Visa’s stock price (V) kept rising in the intraday levels, amid the dominance of the main upward trend in the medium term, while trading alongside the secondary short-term trend line, with negative pressure from trading above the 50-day SMA, countered with negative signals from the RSI after reaching overbought levels, hindering upcoming gains. 

 

Therefore we expect more gains for the stock, targeting the resistance of $350.20, provided the support of $321.66 holds on.

 

Trend forecast for today: Bullish 

Eli Lilly price shakes off negative pressure - Forecast today - 28-01-2025

Economies.com
2025-01-28 11:12AM UTC

Eli Lilly and Company’s stock price (LLY) extended its gains in the intraday levels, buoyed by positive signals from the RSI after managing to shake off negative pressure from the 50-day SMA, while piercing the secondary correctional trend line in the short term, enforcing upcoming pressures. 

 

Therefore we expect more gains for the stock, targeting the first resistance at $860.50, provided the support of $725.00 holds on.

 

Trend forecast for today: Bullish 

 

Snap price readies to breach important support - Forecast today - 28-01-2025

Economies.com
2025-01-28 11:11AM UTC

Snap’s stock price returned lower in the intraday levels, while hurt by piercing the upward correctional trend line in the short term, with negative pressure due to trading below the 50-day SMA, while readying to breach the support of $10.49, with negative signals from the RSI despite reaching oversold levels. 

 

Therefore we expect more losses for the stock, provided the aforementioned support of $10.49 was breached, thus targeting the pivotal support of $8.24.

 

Trend forecast for today: Bearish