Ripple’s currency price (XRPUSD) rose in the intraday levels, after leaning on the support of the 50-day SMA, lending the price positive momentum, and turning early losses into gains, while leaning on the upward secondary trend line in the short term, with positive signals from the RSI after reaching oversold levels compared to the price’s movements, hinting at positive divergence.
Therefore we expect more gains for the price, targeting the pivotal resistance of $3.3999, provided the support of $2.5073 holds on.
Trend forecast for today: Bullish
First Digital USD’s currency price returned higher in the intraday levels, after leaning on the support of the 50-day SMA, lending the price some positive momentum, with positive signals from the RSI despite reaching overbought levels, amid the dominance of the main sideways trend in the medium and short terms.
Therefore we expect more gains for the price, targeting the pivotal resistance of $1.00173.
Trend forecast for today: Bullish
dogwifhat’s currency price (WIFUSD) kept falling in the intraday levels, while leaning on the pivotal support of $1.0764, amid the dominance of the main downward trend as the price trades alongside the short-term trend line, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI despite settling at oversold levels.
Therefore we expect the price to lose more ground, especially if the support of $1.0764 was breached, thus targeting the next one at $0.0660.
Trend forecast for today: Bearish
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