Resistance

Swing

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>ABNB stock price gained 9.07% in the last week and added 1.78% on Friday to close at $145.82.&nbsp;</a> </li> 
 <li> <span>2</span> <a>Airbnb Inc. stock price trades above 50 and 200-day exponential moving averages.</a> </li> 
 <li> <span>3</span> <a>ABNB’s share price is in bullish territory and headed towards the recent swing high.&nbsp;</a> </li> 
</ul> 
<p>Airbnb Inc. (NASDAQ: ABNB) has retained its momentum and is rising to break above the round level of $150. The price surged nearly 9.07% in the last week and added 1.78% on Friday to close at $145.82. Moreover, the stock took support from the $125 level and attained bullish momentum.</p> 
<p>The price action analysis of ABNB stock demonstrates that the stock price escaped its consolidation phase after the last quarterly results and gained momentum from the $100 level mark in June 2023. Since then the stock price has shown a strong rally and surged above $150 without any drawdown.<br><br>Thereafter, the price experienced some profit booking due to the short-term gain and recent quarterly results. The bulls accumulated near the $125 level again which resulted in short-covering among the bears and the price resumed its long-term trend.&nbsp;</p> 
<p>For Airbnb Inc., analysts’ max estimate on the 1-day time frame is $175 with a 20% upside in bullish conditions, while the minimum estimate is $78.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large"> 
  <img decoding="async" loading="lazy" width="1024" height="548" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-275-1024x548.png" alt="" class="wp-image-166920" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-275-1024x548.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-275-300x161.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-275-768x411.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-275-750x402.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-275-1140x610.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-275.png 1453w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  <figcaption class="wp-element-caption">
    &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Source: barchart.com 
  </figcaption> 
 </figure> 
</div> 
<p><a href="https://www.thecoinrepublic.com/2023/09/04/abnb-stock-forecast-is-nasdaq-abnb-price-ascend-more/" rel="noopener noreferrer nofollow">ABNB stock</a> option-chain analysis shows that the current implied volatility in the market is 32.90% with a decrement of 0.90% in the last trading session. The nearest resistance of $150 has an OI of 1209 open contracts on the CALL side and 17 open contracts on the PUT side, indicating the sellers are dominating the resistance level. Buyers need to struggle to surpass above the $150 level.</p> 
<h2 class="wp-block-heading" id="strong-abnb-stock-price-heading-to-break-above-the-recent-swing-high-strong"><strong>ABNB Stock Price Heading to Break Above the Recent Swing High</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large"> 
  <img decoding="async" loading="lazy" width="1024" height="478" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-276-1024x478.png" alt="" class="wp-image-166921" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-276-1024x478.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-276-300x140.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-276-768x359.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-276-1536x717.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-276-750x350.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-276-1140x532.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-276.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  <figcaption class="wp-element-caption">
    Source: Airbnb Inc.&nbsp; 1D. NYSE By <a href="https://www.tradingview.com/x/3wB4g70u/" target="_blank" rel="noopener noreferrer nofollow">TradingView</a> 
  </figcaption> 
 </figure> 
</div> 
<p>ABNB stock price currently trades at $145.82 with an intraday gain of 1.78% on Friday. The price is steadily reaching a resistance level of $150. The option chain data shows the dominance of sellers at the $150 level. Hence, more buyers need to accumulate to counter the sellers.&nbsp;</p> 
<p>The breakout of the $150 level may cause the price to surge and form a new swing high. The price seems to be in a strong uptrend adding buyers at the dips and causing the price to surge higher.&nbsp;</p> 
<h3 class="wp-block-heading" id="strong-abnb-stock-price-surged-to-break-above-the-50-ema-strong"><strong>ABNB Stock Price Surged To Break Above the 50-EMA&nbsp; </strong></h3> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large"> 
  <img decoding="async" loading="lazy" width="1024" height="478" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-277-1024x478.png" alt="" class="wp-image-166922" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-277-1024x478.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-277-300x140.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-277-768x359.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-277-1536x717.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-277-750x350.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-277-1140x532.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-277.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  <figcaption class="wp-element-caption">
    Source: Airbnb Inc.&nbsp; 1D. NYSE By <a href="https://www.tradingview.com/x/3wB4g70u/" target="_blank" rel="noopener noreferrer nofollow">TradingView</a> 
  </figcaption> 
 </figure> 
</div> 
<p>The daily <a href="https://www.thecoinrepublic.com/2023/09/04/abnb-stock-forecast-is-nasdaq-abnb-price-ascend-more/" target="_blank" rel="noopener noreferrer nofollow">ABNB stock</a> price chart shows that the price made a breakout of the key moving average of 50 EMA, indicating bullishness in the stock price. The RSI and MACD show are signaling bullishness in the stock and the price might continue with the momentum.&nbsp;</p> 
<p>Currently, the overall technical opinion rating, including the RSI and MACD indicators, is signaling an 88% “buy” with the strongest short-term outlook on maintaining the current direction.</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p>The stock of the online accommodation and travel marketplace Airbnb Inc. has gone from 100$ in June 2023 to $150 in September. The price faced some resistance and profit booking at $150 but bounced back from $125. The analysts predict a maximum price of $175 in a year.&nbsp;</p> 
<p>The price needs to break above $150 to continue its upward movement. The option chain data shows more sellers than buyers at $150. Hence, more buyers need to join the rally to surpass the level.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<ul> 
 <li><strong>Support levels:</strong> $124.24 and $132.48</li> 
 <li><strong>Resistance levels:</strong> $154.89 and $167.40</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.&nbsp;</p>

ABNB Stock Price Prediction: Can Airbnb Price Touch New Highs?

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