Zcash price breaches upward secondary trend line - Forecast today - 09-01-2025
Zcash’s currency price (ZECUSDT) kept falling in the intraday levels amid negative pressure due to trading below the 50-day SMA, with negative signals from the RSI despite settling at oversold levels, thus breaching the upward secondary trend line in the short term, and doubling negative pressures.
Therefore we expect more losses for the stock, provided it settles below the resistance of $55.08, targeting the first support at $45.39.
Trend forecast for today: Bearish
Flow price suffers from negative pressures - Forecast today - 09-01-2025
FLOW/USD price (FLOWUSDT) edged lower in the intraday levels, amid the dominance of the main downward trend in the medium term, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI after forming a negative divergence as it reached overbought levels compared to the price’s movements.
Therefore we expect the price to decline and target the first support at $0.630, provided it settles below the resistance of $0.811.
Trend forecast for today: Bearish
Nike price sharpens decline - Forecast today - 09-01-2025
Nike’s stock price (NKE) kept falling in the intraday levels, amid the dominance of the main downward trend in the medium term, with negative pressure due to trading below the 50-day SMA, while readying to pierce the pivotal support of $70.75, with negative signals from the RSI despite reaching oversold levels.
Therefore we expect more losses for the stock, provided the aforementioned support of $70.75 was reliably breached, thus targeting the next one at $65.63.
Trend forecast for today: Bearish
Baidu price readies to pierce pivotal support - Forecast today - 09-01-2025
Baidu’s stock price (BIDU) kept falling in the intraday levels, while readying to pierce the pivotal support of $81.18, amid the dominance of the main downward trend in the medium term, while trading alongside the secondary short-term trend line, with negative pressure due to trading below the 50-day SMA, countered with positive signals from the RSI after reaching oversold levels as the stock tries to vent off oversold saturation there, which could stem some of the losses.
Therefore we expect more losses for the stock, provided the aforementioned support of $81.18 was reliably breached, thus targeting the next one at $69.67.
Trend forecast for today: Bearish