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Copper price awaits to confirm the breach – Forecast today – 13-3-2025

Economies.com
2025-03-13 05:39AM UTC

Copper price provided some trades above 4.8100$ barrier and returned to settle below it, forming some sideways waves, noting that providing continuous positive momentum by the major indicators and the frequent stability above the additional support at 4.6800$ allow us to wait to confirm the breach to ease the mission of targeting the additional positive stations near 4.8900$ followed by reaching 5.000$ resistance line.

 

The expected trading range for today is between 4.7500$ and 4.8900$

 

Trend forecast: Bullish

Ethereum price (ETHUSD) within tight track – Forecast today - 13-03-2025

Economies.com
2025-03-13 03:51AM UTC

Ethereum price (ETHUSD) shows tight trades since yesterday, noticing that the price moves inside bearish pennant pattern that its support line located at 1850.00$, which means that breaking this level will push the price to resume the main bearish trend.

 

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Bitcoin price (BTCUSD) consolidates above the support – Forecast today - 13-03-2025

Economies.com
2025-03-13 03:51AM UTC

Bitcoin price (BTCUSD) tested 80474.40$ level and kept its stability above it, to start rising and moving away from this level, to hint heading to build bullish wave on the intraday basis, and by taking a deeper look at the chart, we find that the price is forming inverted head and shoulders’ pattern that appears on the minor image.

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Wheat price retests the neckline – Forecast today - 13-03-2025

Economies.com
2025-03-13 03:50AM UTC

Wheat price faced strong negative pressure in the previous sessions to retest the breached neckline of the double bottom pattern that appears on the chart, noticing that the price consolidates above this level and attempts to build new bullish wave, to keep the bullish trend scenario active for the upcoming period, waiting to visit 568.50$ as a first target.

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Frequently asked questions

What is the price of Copper today?

The price of Copper is $5.4560 (2025-07-09 15:45PM UTC)