MyNeighborAlice (ALICEUSDC) price declined in its latest intraday trading, under the control of the short-term downtrend and trading alongside a descending trendline. The negative pressure continues as the price remains below the 50-day simple moving average, in addition to the RSI indicators reaching severely overbought levels compared to price action, which adds further negative pressure.

Therefore, we expect the currency to decline in its upcoming intraday trading, as long as the resistance level of 0.393 holds, targeting the pivotal support level of 0.348.

Todays price forecast: Bearish