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Shiba Inu price leans on SMA support - Forecat today - 28-10-2024

Economies.com
2024-10-28 11:26AM UTC

Shiba Inu’s currency price (SHIBUSDT) edged lower in the intraday levels, while trying to gather positive momentum to rebound, while leaning on the support of the 50-day SMA, as it trades alongside the upward correctional short-term trend line, with positive signals from the RSI after reaching oversold levels. 

 

Therefore we expect more gains for the price, targeting the pivotal resistance of $0.00002017, provided the support of $0.00001612 holds on.

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Flow price prepares to pierce pivotal support - Forecast today - 28-10-2024

Economies.com
2024-10-28 11:26AM UTC

Flow/USD currency price inched lower in the intraday levels and prepared to breach the pivotal support of $0.507, amid the dominance of the main downward trend in the medium term, while trading alongside the secondary short-term trend line, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI despite reaching oversold levels. 

 

Therefore we expect the price to decline, provided the aforementioned support of $0.507 was reliably breached, thus targeting the next one at $0.402. 

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Solana price emits more positive signals - Forecast today - 28-10-2024

Economies.com
2024-10-28 11:25AM UTC

Solana/USD currency price extended its gains in the intraday levels, amid the dominance of the main upward trend, while trading alongside the secondary short-term trend line, with positive pressure due to trading above the 50-day SMA, coupled with positive signals from the RSI after managing to vent off overbought saturation there in recent trading. 

 

Therefore we expect more gains for the price, targeting the pivotal resistance of $204.46, provided the support of $162.00 holds on.

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Cardano price tries to vent off oversold saturation - Forecast today - 28-10-2024

Economies.com
2024-10-28 11:25AM UTC

Cardano/USD currency price (ADAUSD) inched higher in the intraday levels, with positive signals from the RSI after reaching oversold levels, while trying to vent off oversold saturation there, amid the dominance of the main downward trend, as the price trades alongside the secondary short-term trend line, with negative pressure due to trading below the 50-day SMA. 

 

Therefore we expect the price to return lower, targeting the pivotal support of $0.303, provided the resistance of $0.402 holds on.

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