Brent crude oil rises steadily -Analysis-21-05-2025

The (ETHUSD) price declined slightly in its last intraday trading, affected by reaching the resistance of its EMA50, attempting to gain a positive momentum that assist it to surpass this negative pressure, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the emergence of the positive signals on the (RSI), after reaching oversold levels.

The (BTCUSD) price rose in its last intraday trading, to breach the key resistance at $106,000 level, confirming the continuation of the dominant main bullish trend on the short-term basis, keeping the trading alongside a clear positive bias.

The (crude oil) price jumped strongly in its last intraday trading, to reach our previous target at $63.50, which decreased a part of its early gains by the stability of the resistance at this level, this performance comes with a dominance bullish correctional track on the price on the short-term basis, supported by its trading alongside a positive bias line.