Resistance

<ul class="list-ic vertical">
 <li><span>1</span> <a>Nu stock is trading above the key moving averages, showcasing bullishness on the daily time frame.</a></li>
 <li><span>2</span> <a>Nu Holdings (NYSE: NU) is trading in the overbought territory.</a></li>
</ul>
<p>NU Holdings stock chart shows positive momentum, gaining 6.74% in the last session. NU share price has recovered above 20-EMA to reach the 50, 100, and 200-day daily moving averages.</p>
<p>NU Holdings stock (NYSE: NU) is showing bullish strength and is aiming for the $10 mark. This positive trend suggests a possible upward movement for NU stock, with a projected goal of $10. Therefore, buyers are likely to keep their long positions in the stock.</p>
<p>NU Holdings stock is above the key moving averages and is indicating bullishness. Moreover, the chart structure based on recent trading sessions shows a favorable bias for buyers. Increased activity and traction also support the optimistic outlook for buyers in the market.</p>
<p>At press time, NSC stock price was $8.23 with an intraday gain of 6.74%, suggesting bullishness and a positive outlook. Furthermore, the intraday trading volume was 60.174, and the market cap was $38.633 Billion.</p>
<p>However, if buying volume adds up, then the price might support bullish momentum by making higher highs and new highs. Hence, the NU Holdings price is expected to move upwards giving bullish views over the daily time frame chart.</p>
<h2 class="wp-block-heading" id="strong-technical-analysis-will-nu-holding-stock-price-sustain-the-bullish-momentum-strong"><strong>Technical Analysis: Will Nu Holding Stock Price Sustain the Bullish Momentum?</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/riFJ-oFa76glcATWTYO6DKh_tgo_qPYiyowYT7ok5Xurza9KaivCa4Wimm00L8ka214Yh7RfbaBJyIO5l4dVaJSF5OVZz95rl5VSTW2ChUIdvETazw1q9qQByBR47g4GF-V3vROzKxuoEYaYK6kXab0" alt="NU Holdings Stock Price in Bulls’ Grasp: Targeting $10 Mark">
  <figcaption class="wp-element-caption">
   Source: NU Holdings TradingView
  </figcaption>
 </figure>
</div>
<p>Currently, NU Holdings stock (NYSE: NU) is above the 50 and 200-day exponential moving averages (EMAs), which are supporting the price momentum.&nbsp;</p>
<p>The current value of RSI is 67.52 points. The 14 SMA is above the median line at 56.96 points which indicates that the NU Holdings stock is bullish.</p>
<p>The MACD line at 0.2069 and the signal line at 0.1178 are above the zero line. A bullish crossover is observed in the MACD indicator which signals strength in the momentum of the NU <a href="https://www.thecoinrepublic.com/2023/10/13/nu-holdings-stock-gains-11-is-it-time-to-ride-the-trend/" rel="noopener noreferrer nofollow">stock</a> price.</p>
<p>Stochastic RSI is consolidating near the overbought level. The %D and %K lines make a negative crossover between them though it is yet to intercept the 80 RSI zone. The present value of stochastic RSI is 89.74 points.</p>
<h2 class="wp-block-heading" id="strong-weekly-analysis-nu-holdings-stock-strong"><strong>Weekly Analysis NU Holdings Stock</strong></h2>
<p>The weekly charts of NU Holdings stock reveal that the buyers have been dominant. The stock has been on an upward trend, as it has broken above the key EMAs. The technical indicators also confirm the bullish sentiment, as the RSI is near the overbought zone at 67 and the MACD has formed red bars and a bearish crossover. These signals indicate that the stock may face more upside pressure in the upcoming weeks.</p>
<h3 class="wp-block-heading" id="strong-summary-strong"><strong>Summary</strong></h3>
<p>NU Holdings stock (NYSE: NU) is in the strong bullish momentum breaking above the key moving averages. Technical oscillators also support the bullish trend. The MACD, RSI, and EMAs are highlighting positive signs and imply that the uptrend may continue in the NU stock price. Price action suggests that the investors and traders are bullish on the 1-day time frame. The price action reflects a bullish outlook at the moment. However, Investors and traders should wait for proper setup for the next move and avoid FOMO.</p>
<h3 class="wp-block-heading" id="strong-technical-levels-strong"><strong>Technical Levels</strong></h3>
<p>Support Levels: $7.38 and $7.11</p>
<p>Resistance Levels: $9.00 and $10.00</p>
<h3 class="wp-block-heading" id="strong-disclaimer-strong"><strong>Disclaimer</strong></h3>
<p>This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your own research before making any financial decisions.</p>

NU Holdings Stock Price in Bulls’ Grasp: Targeting $10 Mark

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Thecoinrepublic.com

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