Silver price rose in its recent intraday trading, supported by positive signals on the (RSI) indicators, after it managed to offload the overbought condition previously, this positive momentum pushed the price to rise again, until it reached the resistance of the EMA50, which represents a key technical barrier against any extra rise.

This movement comes amid the dominant sideways trend that prefers the correctio on the short-term basis, which shows the hesitation between buyers and sellers, and makes the resistance a turning point that detects the trend in its upcoming trading.

Brent crude oil settled on a slight decline in its recent intraday trading, attempting to gain a positive momentum that might assist it to recover and rise again, and it attempts to offload some of its overbought conditions on the (RSI), especially with the emergence of negative overlapping signals, amid the dominance bullish correctional trend on the short-term basis and its trading alongside bias line, with the continuation of the positive pressure that comes from its trading above its EMA50, which forms a dynamic support.

Ethereum price (ETHUSD) declined in its recent intraday trading, affected by a formed negative technical formation on the short-term basis, which is the head and shoulders pattern, with a negative pressure due to its trading below its EMA50, besides the emergence of the negative signals on the (RSI), after reaching overbought levels.

Bitcoin price (BTCUSD) settled, keeping its last gains within its intraday trading, after reaching our previous target at $106,000 level, and the price is attempting to gain more of the positive momentum that allows it to breach tis resistance, accompanied by its attempt to offload its overbought conditions on the (RSI), that began to show some initial negative signals.

This movement comes within the dominant bullish trend on the short-term basis, supported by the continuation of the trading above its EMA50, besides its trading alongside a bullish bias line, which reinforces the possibilities for continuing the rise, in case breaching the current resistance successfully.