VeThor Tokens currency price (VTHOUSD) inched slightly higher in latest intraday trading, as it attempts to vent off some of its apparent oversold saturation on the Stochastic, especially with positive signals starting to emerge. However, ongoing negative pressure persists due to trading below the 50-period SMA, under the dominance of the main downward trend and further weighed by a recent break of a short-term upward correctional trend line all of which reinforces the bearish outlook.
Therefore we expect the currency to decline in upcoming intraday trading, as long as the resistance of $0.001934 holds on, targeting the first support at $0.001826.
Todays price forecast: Bearish