Dogecoin price tries to gather positive momentum - Analysis - 30-06-2025
Dogecoin’s currency price (DOGEUSDT) fell in latest intraday trading after the pivotal resistance of $0.17085 held on, with the price trying to gather momentum to pierce that resistance, while also trying to vent off overbought saturation in the Stochastic amid negative signals out of it, with the price leaning on the upward correctional trend line in the short term, with dynamic support due to trading above the 50-day SMA.
Therefore we expect the price to rise as long as it breaches the aforementioned resistance of $0.17085, thus targeting the next one at $0.18634.
Today’s price forecast: Bullish
Forecast update for Ethereum -30-06-2025
The price of (ETHUSD) declined in its recent intraday trading, with the beginning of the negative signals appearance of the (RSI), after reaching overbought levels, attempting to gain a positive momentum that might assist it to recover and rise again, amid the dominance of a bullish correctional wave on the short-term basis, with the continuation of the positive pressure due to its trading above its EMA50, keeping the stability of the positive scenario for the price move.
Forecast update for Bitcoin -30-06-2025
The price of (BTCUSD) declined in its intraday levels, due to the stability of the current resistance level at $108,000, with the emergence of the bearish signals on the (RSI), attempting to gain positive momentum that assist it to recover and breach this resistance, amid its affection by its exit from a bearish channel’s range on the short-term basis, supported by its continuous trading above its EMA50, which provides positive momentum.
Forecast update for Brent crude oil -30-06-2025
The price of (Brent) witnessed fluctuated moves in its intraday trading, moving around the critical support level at $66.50, this support provided positive momentum that assisted the price to settle in the last period, to create confused trading area, amid the dominance of the bearish correctional trend on the short-term basis, with the continuation of the negative pressure due to its trading below the EMA50, on the other hand, there are positive signals on the (RSI), therefore, we notice the dominance fluctuation on the price trading.