MyNeighborAlice (ALICEUSDC) declined slightly in its latest intraday trading, moving within a narrow sideways range under continued negative pressure from trading below the 50-day SMA and within the dominance of a short-term descending wave. In addition, bearish signals continue to appear from the relative strength indicators, which further intensify the negative pressure surrounding the price.
Therefore, we expect the cryptocurrency to decline in its upcoming intraday trading as long as the resistance level of $0.369 holds, targeting the key support level of $0.264.
Todays price forecast: Bearish.