Polygon price moves alongside upward correctional trend line - Forecast today - 16-12-2024
Polygon’s currency price (MATICUSDT) stabilized in the intraday levels, while trading alongside the upward correctional trend line in the short term, as it gathers positive momentum to rise anew, with positive pressure due to trading above the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels compared to the price’s movements, hinting at positive divergence.
Therefore we expect the price to return higher, provided it settles firmly above $0.5812, thus targeting the pivotal resistance of $0.7555.
Trend forecast for today: Likely Bullish
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End of day Bitcoin price (BTCUSD) forecast update - 16-12-2024
Bitcoin price (BTCUSD) rallies upwards again after leaning on 104060.00$ level in the previous sessions, to resume the bullish trend and head towards achieving our next target that reaches 110000.00$, to continue suggesting the bullish trend in the upcoming period unless breaking 104060.00$ and holding with a daily close
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KILT price emits more positive signals - Forecast today - 16-12-2024
KILT/USD currency price was little changed in the intraday levels, after being buoyed recently by piercing the main downward trend line in the medium-term, with positive pressure due to trading above the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels.
Therefore we expect the price to rise and target the pivotal resistance of $0.255, provided it settles firmly above $0.157.
Trend forecast for today: Bullish
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Iota price seeks a bottom to bolster it - Forecast today - 16-12-2024
IOTA’s currency price fell in the intraday levels while seeking a bottom to bounce it higher anew, amid the dominance of the upward short-term trend line, with positive pressure due to trading above the 50-day SMA, while the RSI reached oversold levels compared to the price’s movements.
Therefore we expect the price to return higher and target the resistance of $0.6328 anew, provided the support of $0.3275 holds on.
Trend forecast for today: Likely Bullish
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