#SHOW #RES Fiverr Stock (NYSE: FVRR) Resumes Downfall, Loses 5.96% on Friday

Fiverr International Ltd. stock price slipped 5.96% lower on Friday and resumed the downfall. The stock price is down 9.33% a week and over 36.9% in the past six months. The recent breakdown has crushed the hopes of buyers in the short term. The bears are in complete dominance in the short term as well as in the long term.

Fiverr stock price trend analysis over the daily charts showcases a bearish outlook in the long term. The stock price has been continuously losing for several quarters. The stock price has a major dynamic resistance of $200. The FVRR stock price is declining steadily below the 200-day EMA.

Moreover, the recent breakdown has shifted the short-term outlook from neutral to bearish. The Fiverr stock price may decline more in the upcoming sessions. short-term trend has aligned with the long-term declining trend. The stock price has a major support near the round level of $20 up to which the price may decline.

 Fiverr Stock Short-Term Price Analysis