Uber Technologies (UBER) stock price declined in its latest intraday trading, with the beginning of negative signals emerging from the Stochastic indicators, as the stock attempts to gain positive momentum that could help it recover and rise again, while also trying to relieve part of its overbought condition on the Stochastic indicators, as this decline brought the stock back to the support of its 50-day SMA, amid the dominance of a short-term upward wave while moving alongside a trend line supporting this path.

Therefore we expect the stock price to rise in its upcoming trading, as long as it holds above the $73.00 support level, targeting once again the key resistance level at $79.00.

Today’s price forecast: Neutral

Ethereum (ETHUSD) remains under pressure and stable at lower levels during recent short-term trading sessions, preparing to break the key support level at $2,265. The price is being affected by the dominance of a short-term bearish corrective wave, along with continued negative pressure from trading below the EMA50, which reduces the chances of a sustainable recovery in the near term.

On the other hand, positive signals are beginning to emerge from the relative strength indicators, which has helped limit recent losses.

Brent crude oil prices declined during recent short-term trading sessions, affected by continued negative pressure from trading below the EMA50, which is limiting recovery attempts. This comes despite the dominance of the main bullish trend in the short term, with prices moving alongside a supportive upward trendline.

We also notice the beginning of a positive divergence forming on the relative strength indicators after they reached heavily oversold levels in an exaggerated manner compared to the actual price movement, while positive signals are starting to appear from those indicators.

Bitcoin (BTCUSD) is experiencing volatile trading on the short-term timeframe, supported by the stability of the $79,000 support level, along with emerging positive signals from the relative strength indicators after reaching heavily oversold areas.

However, the price remains affected by breaking a main bullish trendline on the short-term chart, while negative dynamic pressure continues as Bitcoin trades below the EMA50, which increases the negative pressure surrounding the price.