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Dogecoin price receives some support - Forecast today - 05-05-2025

Economies.com
2025-05-05 12:32PM UTC

Dogecoin’s currency price edged higher in latest intraday trading after leaning on the support of the 50-day SMA, lending the price some positive momentum, amid the dominance of the upward correctional wave in the short term, while the Stochastic reached oversold levels compared to the price’s movements, bolstering gains. 

 

Therefore we expect more losses for the price, targeting the resistance of $0.21, provided the support of $0.17 holds on.

 

Today’s price forecast: Bullish

 

Nero price dominated by downward correctional wave - Forecast today - 05-05-2025

Economies.com
2025-05-05 12:32PM UTC

Neiro’s currency price (NEIROUSDT) fell in latest intraday trading, amid ongoing negative pressure due to trading below the 50-day SMA, and amid the dominance of the downward correctional trend in the short term, with the decline coming after the price managed to vent off oversold saturation in the Stochastic in previous trading.

 

Therefore we expect the price to decline and target the support of $0.00018564, provided the resistance of $0.00022780 holds on.

 

Today’s price forecast: Bearish

 

Ulta Beauty price finishes negative harmonic pattern - Forecast today - 05-05-2025

Economies.com
2025-05-05 12:09PM UTC

Ulta Beauty’s stock price rose in latest intraday trading, boosted by trading above the 50-day SMA, amid the dominance of the upward correctional trend in the short term.

 

The stock managed to test the important resistance of $401.80, finishing a negative harmonic pattern there, the Gartley pattern, with the negative scenario bolstered by negative signals from the Stochastic after reaching overbought levels. 

 

Therefore we expect the price to decline and target the support of $382.50, provided the resistance of $401.80 holds on.

 

Today’s price forecast: Bearish

Morgan Stanley price shakes off negative pressure - Forecast today - 05-05-2025

Economies.com
2025-05-05 12:09PM UTC

Morgan Stanley’s stock price (MS) surged in latest intraday trading, while hurt previously by piercing the downward short-term trend line, with the stock managing to shake off negative pressure from the 50-day SMA, despite a string of negative signals from the Stochastic after reaching overbought levels, indicating the strength of the positive momentum.

 

Therefore we expect more gains for the price, targeting the important resistance of $126.35, provided the support of $112.00 holds on.

 

Today’s price forecast: Bullish

 

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