Monero price readies to tackle pivotal resistance - Forecast today - 29-01-2025
Monero’s currency price (XMRUSDT) rose in the intraday levels, amid the dominance of the main upward trend, while trading alongside the secondary short-term trend line, with positive pressure from trading above the 50-day SMA, thus readying to tackle the pivotal resistance of $234.36, with positive signals from the RSI after reaching oversold levels compared to the price’s movements, hinting at positive divergence.
Therefore we expect more gains for the price, provided the aforementioned resistance of $234.36 was breached, thus targeting the next one at $276.20.
Trend forecast for today: Bullish
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Schlumberger price exposed to negative pressure - Forecast today - 29-01-2025
Schlumberger’s stock price (SLB) fell in the intraday levels after bumping into the resistance of the downward short-term trend line, with negative signals from the RSI, after reaching overbought levels, doubling negative pressures on the stock, as it leaned on the support of the 50-day SMA.
We expect more losses for the stock, targeting the pivotal support of $36.62, provided the resistance of $44.66 holds on.
Trend forecast for today: Bearish
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Nvidia price tries to recoup some losses - Forecast today - 29-01-2025
Nvidia Corporation’s stock price (NVDA) rose in the intraday levels after the current support of $117.00 held on, lending the stock positive momentum as it tries to recoup some recent losses, but the stock is hurt by piercing the main upward trend line in the medium term, with negative pressure from trading below the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels.
Therefore we expect the stock to return lower, provided the resistance of $140.76 holds on, thus targeting the pivotal support of $90.70.
Trend forecast for today: Likely Bearish
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Starbucks price extends gains - Forecast today - 29-01-2025
Starbucks Corporation’s stock price (SBUX) advanced in the intraday levels, while trading alongside the upward short-term trend line, while trading above the 50-day SMA, accompanied by a limited bump in trading volumes, while the RSI settled at overbought saturation, exposing the stock to negative pressure.
Therefore we expect more gains for the stock, targeting the pivotal resistance of $107.66, provided the support of $93.76 holds on.
Trend forecast for today: Bullish
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