Shiba Inu price declines alongside upward trend line - Forecast today - 08-01-2025
Shina Inu’s currency price (SHIBUSDT) fell in the intraday levels amid negative signals from the RSI after reaching overbought levels, with negative pressure due to trading below the 50-day SMA, as the price moved alongside the upward correctional trend line in the short term, while trying to gather momentum to shake off negative pressure.
Therefore we expect the price to return higher, targeting the first resistance at $0.00002493, provided the support of $0.00002017 holds on.
Trend forecast for today: Likely Bullish
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Pepe price suffers from negative pressures - Forecast today - 08-01-2025
Pepe’s currency price (PEPEUSD) fell in the intraday levels, amid negative pressure due to trading below the 50-day SMA, with the dominance of the downward correctional short-term trend, coupled with positive signals from the RSI after reaching overbought levels.
Therefore we expect the price to decline and target the first support at $0.000017223, provided the resistance of $0.000021865 holds on.
Trend forecast for today: Bearish
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Sol price decline alongside downward correctional trend line - Forecast today - 08-01-2025
SOL/USD price declined 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, while a negative divergence forms in the RSI after reaching overbought levels compared to the price’s movements, sending out negative signals.
Therefore we expect more losses for the price, targeting the important support of $175.26, provided it settles firmly below $210.18.
Trend forecast for today: Bearish
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Monero price receives positive support - Forecast today - 08-01-2025
Monero’s currency price (XMRUSDT) rose in a very volatile session after leaning on the support of the 50-day SMA, lending the price positive momentum, which helped it rebound and turn early losses into modest gains, amid the dominance of the main upward trend in the medium term, with negative signals from the RSI after reaching overbought levels.
Therefore we expect the price to rise and target the resistance of $234.36, provided the support of $182.30 holds on.
Trend forecast for today: Bullish
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