Monero shakes off negative pressure - Forecast today - 06-03-2025
Monero’s currency price (XMRUSDT) gained ground in the intraday levels, while managing to shake off negative pressure from the 50-day SMA, amid the dominance of the main upward trend in the medium term, with positive signals from the RSI after reaching oversold levels.
Therefore we expect more gains for the price, targeting the pivotal resistance of $245.
Trend forecast for today: Bullish
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KILT price emits more negative signals - Forecast today - 06-03-2025
KILT/USD currency price edged lower in the intraday levels amid negative pressure due to trading below the 50-day SMA, with the dominance of the main downward trend in the medium term as it trades alongside the secondary short-term trend line, while a negative divergence forms in the RSI after reaching overbought levels compared to the price’s movements.
Therefore we expect the price to decline and target the support of $0.34, provided the resistance of $0.121 holds on.
Trend forecast for today: Bearish
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IOTA price suffers from negative pressures - Forecast today - 06-03-2025
IOTA’s currency price (IOTAUSDT) 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.
Therefore we expect the price to decline and target the pivotal support of $0.1737, provided it settles below the resistance of $0.2528.
Trend forecast for today: Bearish
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Polygon price breaches pivotal support - Forecast today - 06-03-2025
Polygon’s currency price (MATICUSDT) inched lower in the intraday levels, confirming the breach of the pivotal support of $0.286, amid the dominance of the main downward trend in the medium term, while trading alongside the secondary short-term trend line, with negative pressure from 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 $0.149, provided it settles firmly below the resistance of $0.286.
Trend forecast for today: Bearish
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