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 $0.286.
Trend forecast for today: Bearish
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Brent oil price forecast update 06-03-2025
Brent oil price fluctuates below 70.00$ barrier, noticing that stochastic loses its positive momentum gradually, waiting to motivate the price to resume the expected bearish wave for the upcoming period, which its next main target located at 67.00$.
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Crude oil price forecast update 06-03-2025
Crude oil price shows slight bearish bias in attempt to resume the expected bearish trend for today, which targets 64.00$ as a next main station, to continue suggesting the bearish trend in the upcoming sessions as long as 67.05$ level remains intact, noting that breaking 65.90$ will ease the mission of achieving the waited target.
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Silver price forecast update 06-03-2025
Silver price faces clear negative pressure now, to head towards potential test to the EMA50, and the price needs to get positive motive that assist to push the price to resume the bullish wave and achieve our next waited target at 32.86$, reminding you that breaching this level will extend the bullish wave to reach 33.35$.
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