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Monero price erases early gains - Forecast today - 12-12-2024

Economies.com
2024-12-12 15:17PM UTC

Monero’s currency price (XMRUSDT) edged higher in the intraday levels, but failed to maintain the early gains, thus bouncing lower and erasing the gains, amid negative signals from the RSI after reaching overbought levels, with the dominance of the main upward trend in the medium term, coupled with positive pressure from trading above the 50-day SMA. 

 

Therefore we expect the price to gain ground, targeting the resistance of $228.39, provided the support of $182.30 holds on.

 

Trend forecast for today: Bullish

 

Read more: From Vision to Value: Sam Altman’s Worldcoin (WLD) 2025—A Trader’s Guide to Uncovering the Hidden Crypto Gem

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End of day crude oil price forecast update - 12-12-2024

Economies.com
2024-12-12 16:31PM UTC

Crude oil price trades with clear negativity to break 69.75$ and head towards suffering expected losses in the upcoming sessions, targeting testing 68.64$ as a next main station, noting that breaking this level will push the price to achieve more negative targets that extend to 67.70$.

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BlackRock price attacks current resistance - Forecast today - 12-12-2024

Economies.com
2024-12-12 12:50PM UTC

BlackRock’s stock price (BLK) rose in the intraday levels, and tackled the important resistance of $1068, amid the dominance of the main upward trend, while trading alongside a secondary short-term trend line, with positive pressure due to trading above the 50-day SMA, coupled with positive signals from the RSI despite reaching overbought levels, while accompanied by a surge in trading volumes. 

 

Therefore we expect more gains for the stock, provided the resistance of $1068 is reliably breached, thus targeting the next one at $1150.

 

Trend forecast for today: Bullish 

 

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Microsoft price returns higher - Forecast today - 12-12-2024

Economies.com
2024-12-12 12:50PM UTC

Microsoft Corp’s stock price (MSFT) returned higher in the intraday levels, while buoyed by trading above the 50-day SMA, amid the dominance of the main upward trend in the medium term, while hurt by negative signals from the RSI after reaching overbought levels, which could hinder upcoming gains. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of $468.39, provided the support of $428.67 holds on.

 

Trend forecast for today: Bullish 

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