Litecoin’s currency price (LTCUSD) edged lower in the intraday levels, amid the dominance of the downward correctional wave in the short term, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI despite reaching oversold levels.
Therefore we expect more losses for the price, provided it settles below the resistance of $99.50, thus targeting the support of $65.33.
Trend forecast for today: Bearish
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Stellar’s currency price (XLMUSD) edged higher in the intraday levels, after the current support of $0.230000 held on, lending the stock some positive momentum, amid the dominance of the downward correctional trend in the short term, with negative signals from the RSI, coupled with negative pressure due to trading below the 50-day SMA.
Therefore we expect the stock to return lower, provided the support of $0.230000 was breached, targeting the next one at $0.141630.
Trend forecast for today: Likely Bearish
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Marriott International’s stock price (MAR) kept falling in the intraday levels, amid negative pressure due to trading below the 50-day SMA, while hurt by a negative technical pattern that formed in the short term, the Double Top pattern, with negative signals from the RSI despite settling at oversold levels.
Therefore we expect more losses for the stock, targeting the support of $237.16, provided it settles below the resistance of $269.28.
Trend forecast for today: Bearish
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Roblox Corporation’s stock price (RBLX) kept falling in the intraday levels, amid the dominance of the downward correctional wave in the short term as the stock trades alongside a very steep trend line in an indication of its strength, 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 stock, provided it settles below $55.10, targeting the support of $48.00.
Trend forecast for today: Bearish
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