Polygon’s currency price (MATICUSDT) barely inched higher in the intraday levels and tried to pierce the important resistance of $0.5812, amid the dominance of the upward correctional wave in the short term, with positive signals from the RSI despite settling at overbought levels, with the price boosted by trading above the 50-day SMA.
Therefore we expect the price to gain ground, especially if the aforementioned resistance of $0.5812 was breached, thus targeting the next one at $0.7555.
Trend forecast for today: Bullish
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Zcash’s currency price (ZECUSDT) inched down in the intraday levels on profit-taking, while trying to gather momentum to rise anew, amid the dominance of the main upward trend in the short term, with positive pressure due to trading above the 50-day SMA, coupled with positive signals from the RSI despite settling at overbought levels.
Therefore we expect the price to gain ground, provided it settles firmly above $45.39, thus targeting the resistance of $58.38.
Trend forecast for today: Likely Bullish
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Flow/USD’s currency price fell in the intraday levels after the current resistance of $0.973 held its ground, with traders collecting profits, while the price tries to gather momentum to pierce that resistance, amid the dominance of the upward correctional wave in the short term, with positive pressure due to trading above the 50-day SMA, coupled with positive signals from the RSI despite settling at overbought levels.
Therefore we expect the price to return higher, provided the resistance of $0.973 is breached, thus targeting the next one at $1.320.
Trend forecast for today: Likely Bullish
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Cardano/USD price (ADAUSD) stabilized in the intraday levels, as the price tries to gather momentum to maintain the upward short-term trend, while also venting off overbought saturation in the RSI as negative signals start streaming out of it, amid positive pressure due to trading above the 50-day SMA.
Therefore we expect the price to rise, provided the current resistance of $1.139 is reliably breached, thus targeting the next one at $1.412.
Trend forecast for today: Bullish
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