Litecoin price suffers from negative pressures - Forecast today - 14-01-2025
Litexcoin’s currency price (LTCUSD) edged 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 despite reaching oversold levels.
Therefore we expect the price to decline and target the important support at $86.70, provided the resistance of $117.43 holds on.
Trend forecast for today: Bearish
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Stellar price tries to shake off negative pressure - Forecast today - 14-01-2025
Stellar’s currency price (XLMUSD) inched lower in the intraday levels, amid negative signals from the RSI after reaching overbought levels, while gathering positive momentum to shake off the negative pressure from the 50-day SMA, amid the dominance of the main upward trend in the short term.
Therefore we expect the price to rise and target the first resistance at $0.485725, provided the support of $0.311903 holds on.
Trend forecast for today: Bullish
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Avalanche price surrounded with negative pressures - Forecast today - 14-01-2025
Avalanche’s currency price (AVAXUSD) edged 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 despite settling at oversold levels.
Therefore we expect more losses for the price, targeting the important support at $33.02, provided the resistance of $42.05 holds on.
Trend forecast for today: Bearish
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Algorand price rises alongside downward correctional trend line - Forecast today - 14-01-2025
Algorand’s currency price (ALGOUSD) rose in the intraday levels, while trading alongside the downward correctional trend line in the short term, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI.
Therefore we expect the price to decline and target the support of $0.3103, provided the resistance of $0.4314 holds on.
Trend forecast for today: Bearish
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