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Platinum price needs to break the moving average55– Forecast today – 28-4-2025

Economies.com
2025-04-28 05:11AM UTC

Platinum price formed some sideways range trading on Friday, due to its temporary trading between the resistance at $977.00 and the support level by the moving average 55 stability near $961.00.

 

Breaking $961.00 level is important, and providing negative close below it, which allows it to activate the suggested negative attack, by targeting $950.00 and $938.00 level initially.

 

The expected trading range for today is between $950.00 and $ 977.00

 

Trend forecast: Bearish

Copper price is slow– Forecast today – 28-4-2025

Economies.com
2025-04-28 05:10AM UTC

Copper price provided slow trading recently, due to the contradiction between the main indicators, to delay the negative attack and settles near $4.7500 level, reminding you that the bearish scenario will remain valid by the continuation of forming main barrier at $4.9100 against the current trading, which increases the chances for forming bearish waves to press on 50%Fibonacci correction level at $4.6600, and breaking it will extend the losses towards $4.5600, to face the moving average55.

 

The price rally above the mentioned barrier and holding above it, will confirming delaying the negative attack, and provide chances for recording some extra gains before reaching the previously waited negative targets.

 

The expected trading range for today is between $4.6600 and $4.8400

 

Trend forecast: Bearish

Bitcoin (BTCUSD) attempts to gain positive momentum -Analysis-28-04-2025

Economies.com
2025-04-28 04:46AM UTC

Bitcoin (BTCUSD) rose in its recent intraday trading, compensating for some of its early losses, with its attempts to gain positive momentum that might assist in recovering and rising again, amid the dominance of the main bullish trend on a short- term basis and its trading alongside trendline.

 

The price is supported by its continuous support above its EMA50, with the emergence of positive signals on the (RSI), after reaching oversold levels.

Ethereum (ETHUSD) declines affected by the main resistance -Analysis-28-04-2025

Economies.com
2025-04-28 04:46AM UTC

Ethereum (ETHUSD) declined in its recent intraday trading, due to the stability of the main key resistance at $1,800, after a second failed attempt, showing negative behavior that suggests losing the positive momentum.

 

That came amid the price trading alongside a bullish correctional trendline on a short-term basis, with the continuation of the positive support that comes from its trading above its EMA50.