IOTA price emits more negative signals - Forecast today - 24-02-2025
IOTA’s currency price (IOTAUSDT) fell in the intraday levels amid negative pressure due to trading below the 50-day SMA, and amid the dominance of the downward correctional trend in the short term, with negative signals from the RSI after reaching overbought levels.
Therefore we expect more losses for the price, provided it settles firmly below $0.2528, thus targeting the support of $0.1737.
Trend forecast for today: Bearish
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Polygon price readies to pierce pivotal support - Forecast today - 24-02-2025
Polygon’s currency price (MATICUSDT) fell in the intraday levels, while hurt by a negative divergence in the RSI after it reached overbought levels compared to the price’s movements, thus sending out negative signals, while readying to breach the pivotal support of $0.286, amid the dominance of the main downward trend, as it traded alongside the secondary short-term trend line, with negative pressure due to trading below the 50-day SMA.
Therefore we expect more losses for the price, provided the support of $0.286 was breached, thus targeting the next one at $0.149.
Trend forecast for today: Bearish
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Hedera price suffers from negative pressures - Forecast today - 24-02-2025
Hederal’s currency price (HBARUSDT) fell in the intraday levels, with negative signals from the RSI after reaching overbought levels compared to the price’s movements, forming a negative divergence and increasing negative pressures, amid the dominance of the downward correctional trend in the short term, with negative pressure due to trading below the 50-day SMA.
Therefore we expect more losses for the price, targeting the support of $6.928, provided the resistance of $9.818 holds on.
Trend forecast for today: Bearish
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Zcash price gives in to negative pressures - Forecast today - 24-02-2025
Zcash’s currency price (ZECUSDT) fell in the intraday levels, amid the dominance of the downward correctional trend in the short term, with negative pressure from the 50-day SMA, coupled with negative divergence from the RSI after reaching overbought levels compared to the price’s movements, thus sending out negative signals.
We expect more losses for the price, targeting the pivotal support of $24.40, provided the resistance of $38.98 holds on.
Trend forecast for today: Bearish
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