Itm Power Price: ITM Shows Surge Attempts, Hovering Near Key EMAs

PUBLISHED: 23 Nov 2025 @ 18:52 | Comments (0) | More info about Azeez Mustapha

Itm Power Plc (LSE:ITM) has seen intermittent buying interest as price repeatedly tests resistance near key EMAs. Momentum indicators show cautious strength, while short-term pullbacks find support, suggesting that buyers are preparing for a potential breakout if upward pressure continues.

Short-term pullbacks continue to find solid support, signaling that buyers remain active despite market hesitation. Momentum indicators display gradual strengthening, suggesting that if buying pressure persists, the token could attempt a more sustained upward movement, potentially breaking through current consolidation zones in the near term.

Resistance Levels: 90, 100, 110
Support Levels: 60, 50, 40

Could ITM Sustain Its Upward Momentum While Hovering Around the Key EMAs in the Short-Term?

The token’s short-term stability near the key EMAs suggests buyers are gradually reclaiming control. If momentum indicators continue strengthening and support levels hold, Itm Power Plc could maintain its upward trajectory, potentially leading to a breakout above current resistance zones in the coming sessions.

The Stochastic Oscillators are gently southbound, touching variant points around 20, indicating weakening short-term momentum as traders reassess positions cautiously across the market. The trend line of the 15-day EMA indicator has relatively pushed back down from the top side of the 50-day EMA indicator, suggesting that immediate upward pressure is fading and sellers may regain temporary control.

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