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Dogecoin dominated by downward correctional wave - Forecast today - 24-12-2024

Economies.com
2024-12-24 13:23PM UTC

Dogecoin’s currency price (DOGEUSDT) edged lower in the intraday levels as the price tries to vent off oversold saturation in the RSI with positive signals streaming out of it, amid the dominance of the downward correctional wave in the short term, coupled with negative pressure due to trading below the 50-day SMA. 

 

Therefore we expect the price to decline, provided it settles firmly below $0.3400, thus targeting the support of $0.2288.

 

Trend forecast for today: Bearish 

 

Shiba Inu price trapped in a hesitant place - Forecast today - 24-12-2024

Economies.com
2024-12-24 13:22PM UTC

Shiba Inu’s currency price (SHIBUSDT) stabilized lower in the intraday levels, under constant pressure from trading below the 50-day SMA, while still trading alongside the upward correctional trend line in the short term, with positive signals from the RSI after reaching oversold levels. 

 

Therefore we expect the price to rise and target the first resistance of $0.00002599, provided the support of $0.00002017 holds on.

 

Trend forecast for today: Likely Bullish

Pepe price tries to regain footing - Forecast today - 24-12-2024

Economies.com
2024-12-24 13:22PM UTC

Pepe’s currency price (PEPEUSD) advanced in the intraday levels after the pivotal support of $0.000017223 held its ground, giving the price some momentum, especially with positive signals from the RSI after reaching oversold levels, and amid the dominance of the main upward trend in the short term, as the price tries to shake off negative pressure from the RSI. 

 

Therefore we expect the price to rise and target the pivotal resistance of $0.000028362, provided the aforementioned support of $0.000017223 holds on.

 

Trend forecast for today: Likely Bullish

 

AT&T price receives positive support - Forecast today - 24-12-2024

Economies.com
2024-12-24 12:19PM UTC

AT&T’s stock price (T) rose in the intraday levels after leaning on the support of the 50-day SMA, lending the stock positive momentum which helped it snag the gains, after a downward correctional path that sought a supportive bottom, and amid the dominance of the main upward trend.

 

The stock is trading alongside a secondary short-term trend line, while a positive divergence formed in the RSI after reaching oversold levels compared to the stock’s movements. 

 

Therefore we expect more gains for the stock, targeting the important resistance of $24.03, provided the support of $22.34 holds on.

 

Trend forecast for today: Bullish

 

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