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But we saved everything 🙂.
PayPal has introduced a feature that allows users to pay friends who use Venmo directly from the PayPal platform. The company announced the update in a recent tweet.
Users can send payments by searching for their friend's phone number without switching apps. PayPal states that the feature is not available in all regions where it operates.
PYPL is currently trading at $45.22, below the MA-20 ($45.49), MA-50 ($46.90), and well below the MA-200 ($62.47), indicating that short- and medium-term trends remain under pressure from sellers, while long-term sentiment is decisively bearish. The Ichimoku Kijun level on D1 sits at $44.52; since this is below the current price, it acts as immediate support. Near-term support levels are found at the Ichimoku Kijun ($44.52) and MA-20 ($45.49). Key support lies near MA-50 ($46.90), while primary resistance is set by MA-100 ($54.26) and MA-200 ($62.47), with both remaining well above the market.
Momentum signals on D1 are mixed: MACD flashes a strong sell, while ADX is weak at 20.52, implying a lack of trend direction. The RSI (48.48) sits below neutral and leans bearish, while Stoch RSI (82.16) and BBP (0.97) indicate overbought conditions and persistent buyer dominance in intraday momentum. The CCI is neutral, and the Awesome Oscillator is also neutral, so there is clear divergence between oscillators. Over the past week, PYPL has risen $1.21 (2.75%) from a prev_week_close of $44.01, now positioned in the upper part of the weekly range as volatility stands at 6.07%. The tone reflects a recovery from the weekly low, but momentum indicators do not fully confirm the price advance.
For the upcoming week, the expected price range is $44.50 to $47.50, falling within ±5% of the current price and remaining above the 52-week low of $38.46 but far below the 52-week high of $79.50. The probability of an upward move is very low (less than 20%), making a price decrease more likely given all W1 momentum and trend signals (RSI, MACD, MA-50) point to further weakness. The baseline scenario suggests PYPL will consolidate sideways between $44.50 and $47.50. In a bullish scenario, a break above $47.50 could open the way toward $49.00. In a bearish scenario, a drop below $44.50 raises the risk of retracing toward $43.00 and closer to yearly lows.
Earlier, analysts noted that PayPal remained under sustained bearish momentum, with legal challenges contributing to a cautious outlook. This analysis remains relevant, and traders should closely monitor for any reversal in sentiment that could signal a shift from the prevailing consolidation phase.