Citigroup Inc. (C) surged sharply in its latest intraday trading, accompanied by a noticeable gradual increase in trading volumes. This comes amid the dominance of the main ascending trend, with the stock moving alongside a supporting short-term trendline, and continued dynamic support from trading above its previous 50-day SMA. In addition, a positive crossover has begun to emerge on the RSI indicators after the stock successfully relieved its overbought condition, giving it more room to achieve further gains in the near term.

Therefore we expect the stock to rise in its upcoming trading, targeting the nearby resistance level at $119.00, with strong chances for a breakout.

Today’s price forecast: Bullish

The price of (ETHUSD) rose in the last intraday trading, reaching the current resistance at $3,045, supported by its continuous trading above EMA50, affected by breaching minor bearish trend line on the short-term basis, besides the emergence of the positive signals on the relative strength indicators, after reaching oversold levels.

Brent crude oil’s price extended its gains in its recent intraday trading, reaching $61.00 resistance, this resistance represents potential target in our previous analysis, supported by the dominance of bullish corrective wave on the short-term basis and its trading alongside supportive trend line for this trend, taking advantage of its trading above EMA50, reinforcing the chances of breaching this resistance and extending the gains of the price in the upcoming period.

Bitcoin (BTCUSD) prices rose in its last intraday trading, surpassing the key resistance at $89,000, supported by its trading above EMA50, which represents a positive support for gaining renewed momentum, affected by breaching minor bearish trend line previously on the short-term basis, besides the emergence of positive signals on relative strength indicators, reinforcing the chances of extending the gains on the near-term basis.