EOS/USD currency price skidded 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 oversold levels.
Therefore we expect more losses for the price, provided the support of $0.7030 was breached, thus targeting the next one at $0.5482.
Trend forecast today: Bearish
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Binance Coin’s currency price (BNBUSD) fell in the intraday levels and trespassed the support of the 50-day SMA, exposing the price to negative pressure, while trying to gather positive momentum to rise anew, amid the dominance of the main upward trend in the short term, with positive signals from the RSI after reaching oversold levels.
Therefore we expect the price to return higher, targeting the resistance of $794.3, provided the support of $649.90 holds on.
Trend forecast today: Likely Bullish
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Toncoin’s currency price (TONUSD) skidded in the intraday levels, amid negative pressure due to trading below the 50-day SMA, and with the dominance of the main downward trend in the medium term, with negative signals from the RSI as the price managed to vent off oversold saturation there.
Therefore we expect more losses for the price, targeting the pivotal support of $4.6000, provided the resistance of $0.60960 holds on.
Trend forecast today: Bearish
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Tron’s currency price (TRXUSD) extended its losses 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 despite setting at oversold levels.
Therefore we expect more losses for the price, provided it settles firmly below the resistance of $0.24400575, targeting the support of $0.18598858.
Trend forecast today: Bearish
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