Monero price undergoes volatile trading - Analysis - 06-05-2025
Monero’s currency price (XMRUSDT) was volatile in the intraday levels, while attempting to vent off overbought saturation in the Stochastic, as it also tried to gather positive momentum to resume its strong gains, amid the dominance of the main upward trend as the price trades alongside the secondary short-term trend line, with ongoing positive pressure due to trading above the 50-day SMA.
Therefore we expect more gains for the price, provided the resistance of $296.00 is breached, targeting the next one at $342.00.
Today’s price forecast: Bullish
The Trade Desk price touches SMA resistance - Forecast today - 06-05-2025
The Trade Desk’s stock price (TTD) rose in latest intraday trading, while attempting to correct the main downward trend in the short term, as it bumped into the resistance of the 50-day SMA, coinciding with negative signals from the Stochastic after reaching overbought levels, doubling negative pressures on the stock.
Therefore we expect the price to decline and target the support of $43.00, provided the resistance of $62.50 holds on.
Today’s price forecast: Bearish
Comcast price suffers from negative pressures - Forecast today - 06-05-2025
Comcast Corporation’s stock price (CMCSA) edged lower in latest intraday trading, amid the dominance of the main downward trend in the short term, and with ongoing negative pressure due to trading below the 50-day SMA, coupled with negative signals from the Stochastic after reaching overbought levels compared to the price’s movements, hinting at negative divergence.
Therefore we expect more losses for the price, provided the resistance of $35.25, targeting the pivotal support of $32.60.
Today’s price forecast: Bearish
Honeywell price pierces downward trend line - Forecast today - 06-05-2025
Honeywell International’s stock price (HON) extended its gains in latest intraday trading, confirming the breach of the main downward trend line in the short term, while boosted by trading above the 50-day SMA, and accompanied by a surge in trading volumes, however, the gains are countered by negative signals from the Stochastic after reaching overbought levels.
Therefore we expect more gains for the price, provided it settles above $206.85, targeting the resistance of $225.30.
Today’s price forecast: Bullish