EOS/USD price edged higher in latest intraday trading, amid the dominance of the upward correctional trend in the short term, with positive pressure due to trading above the 50-day SMA, coupled with positive signals from the Stochastic after reaching oversold levels.

Therefore we expect the price to rise and target the resistance of $0.88, provided the support of $0.58 holds on.

Today’s price forecast: Bullish

Binance Coin’s currency price rose in latest intraday trading and tested the main downward trend line in the short term, while also bumping into the resistance of the 50-day SMA, doubling the strength of this region as a barrier against the price, with negative signals from the Stochastic after reaching overbought levels compared to the price’s movements, hinting at negative divergence. 

Therefore we expect the price to return lower and target the support of $568.90, provided the resistance of $613.10 holds on.

Today’s price forecast: Bearish

Ethereum price jumped higher in its last intraday trading, due to the stability of the key support at $1,540, to succeed in surpassing the resistance of EMA50, in an important step to surpass its negative pressures, especially with the beginning of the positive signals emergence on the (RSI) after reaching extreme oversold areas.

Bitcoin price settles on a rise in its recent intraday trading, within its attempts to breach the stubborn and key resistance level at $88,300, amid the dominance of the bullish trend and its trading alongside the trendline on the short- term basis, noting that there are positive signal begin to appear from the (RSI), after offloading some of the overbought conditions, which reinforces the positive scenario.