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Dogecoin price tries to vent off oversold saturation - Forecast today - 28-01-2025

Economies.com
2025-01-28 11:34AM UTC

Dogecoin’s currency price (DOGEUSDT) inched higher in the intraday levels, after the current support of $0.31430 held on, lending the price some positive momentum as it tries to recoup some recent losses, while also venting off oversold saturation in the RSI, as the price was hurt by piercing the upward secondary trend line in the short term, with negative pressure due to trading below the 50-day SMA. 

 

Therefore we expect the price to decline, provided the aforementioned support of $0.31430 was breached, thus targeting the next one at $0.22888. 

 

Trend forecast for today: Likely Bearish 

Shiba Inu price breaches upside trend line - Forecast today - 28-01-2025

Economies.com
2025-01-28 11:33AM UTC

Shiba Inu’s currency price (SHIBUSDT) edged lower in the intraday levels, with negative pressure from trading below the 50-day SMA, coupled with negative signals from the RSI, confirming the breach of the upside short-term trend line, thus doubling the negative pressures. 

 

Therefore we expect the price to decline and target the first support at $0.00001896, provided the resistance of $0.00002169 holds on.

 

Trend forecast for today: Bearish 

 

Visa price soars - Forecast today - 28-01-2025

Economies.com
2025-01-28 11:12AM UTC

Visa’s stock price (V) kept rising in the intraday levels, amid the dominance of the main upward trend in the medium term, while trading alongside the secondary short-term trend line, with negative pressure from trading above the 50-day SMA, countered with negative signals from the RSI after reaching overbought levels, hindering upcoming gains. 

 

Therefore we expect more gains for the stock, targeting the resistance of $350.20, provided the support of $321.66 holds on.

 

Trend forecast for today: Bullish 

Eli Lilly price shakes off negative pressure - Forecast today - 28-01-2025

Economies.com
2025-01-28 11:12AM UTC

Eli Lilly and Company’s stock price (LLY) extended its gains in the intraday levels, buoyed by positive signals from the RSI after managing to shake off negative pressure from the 50-day SMA, while piercing the secondary correctional trend line in the short term, enforcing upcoming pressures. 

 

Therefore we expect more gains for the stock, targeting the first resistance at $860.50, provided the support of $725.00 holds on.

 

Trend forecast for today: Bullish 

 

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