US crude oil price extended its gains in latest intraday trading, amid the dominance of the upward correctional trend in the short term, with support due to trading above the 50-candle SMA, with positive signals emerging from the Stochastic despite reaching overbought levels.
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Silver price engaged in sideways trading in the intraday levels while trying to gather positive momentum to return higher, as it also maintained the upward short-term trend line, with additional positive support due to trading above the 50-candle SMA.
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Ethereum price rose in latest intraday trading and almost tested the main downward trend line, which is dominating the price’s short term movements, with ongoing negative pressure due to trading below the 50-candle SMA, while the Stochastic reached overbought levels compared to the price’s movements, hinting at negative divergence, which would reinforce the negative scenario.
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Bitcoin price rose in latest intraday trading and retested the pivotal resistance of $84500, amid the dominance of the main downward trend as the price trades alongside the trend line, with negative pressure due to trading below the 50-candle SMA, while the Stochastic reached overbought levels compared to the price's movement, heaping more pressure.
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