Cardano/USD price kept falling in latest intraday trading amid ongoing negative pressure due to trading below the 50-day SMA, with negative signals from the Stochastic after reaching overbought levels, and amid the dominance of the main downward trend in the short term.
Therefore we expect more losses for the price as long as the resistance of $0.65587 holds on, targeting the support of $0.59359.
Today’s price forecast: Bearish
Bank of America Corporation’s stock price (BAC) rose in latest intraday trading amid the dominance of a strong upward correctional wave in the short term, with dynamic support due to trading above the 50-day SMA, after a sideways journey through which the price tried to gather momentum in order to rebound, after venting off overbought saturation in the Stochastic.
Therefore we expect more gains for the price, targeting the pivotal resistance of $47.95, provided the support of $42.95 holds on.
Today’s price forecast: Bullish
3M’s stock price rose in latest intraday trading after leaning on the support of the 50-day SMA, lending the stock some positive momentum, amid the dominance of the main upward trend in the medium term, with positive signals from the Stochastic after reaching oversold levels compared to the price’s movements, forming a positive divergence.
Therefore we expect more gains for the price, provided the support of $141.35 holds on, targeting the pivotal resistance of $145.00.
Today’s price forecast: Bullish
Coinbase Global’s stock price (COIN) extended its gains in latest intraday trading, amid the dominance of the upward correctional wave in the short term, with positive signals from the Stochastic after reaching oversold levels, thus readying to attack the resistance of $277.00, boosted by trading above the 50-day SMA.
Therefore we expect more gains for the price, provided the aforementioned resistance of $277.00 is breached, targeting the next one at $310.60.
Today’s price forecast: Bullish