Cardano price tries to gather positive momentum - Forecast today - 22-01-2025
Cardano/USD currency price edged lower in the intraday levels, leaning on the upward short-term trend line, while also leaning on the support of the 50-day SMA, as the RSI reached oversold levels in the RSI compared to the price’s movements, as it managed to vent off overbought saturation that was present there.
We expect the price to rise and target the important resistance of $1.152, provided the support of $0.837 holds on.
Trend forecast for today: Likely Bullish
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EOS price suffers from negative pressures - Forecast today - 22-01-2025
EOS/USD currency price inched lower in the intraday levels amid the dominance of the downward correctional trend in the short term, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels.
Therefore we expect more losses for the price, provided it settles firmly below $0.8903, thus targeting the support of $0.7030.
Trend forecast for today: Bearish
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Binance Coin price receives some support - Forecast today - 22-01-2025
Binance Coin’s currency price (BNBUSD) rose in the intraday levels after leaning on the main upward trend line in the short term, lending the price some positive momentum, with positive signals from the RSI after reaching oversold levels, as the price tries to shake off negative pressure in the 50-day SMA.
Therefore we expect more gains for the price, targeting the pivotal resistance of $794.3, provided the support of $649.90 holds on.
Trend forecast for today: Bullish
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Intel price tests downward trend line - Forecast today - 22-01-2025
Intel Corporation’s stock (INTC) extended its gains in the intraday levels, buoyed by positive signals from the RSI, while gathering momentum after the pivotal support of $18.73 held its ground, with the stock thus testing the main downward trend line in the medium term, coinciding with a bump into the resistance of the 50-day SMA, exposing the stock to even more pressure.
Therefore we expect the stock to return lower and target the pivotal support of $18.73 anew, provided the resistance of $24.66 holds on.
Trend forecast for today: Likely Bearish
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