Silver price gets ready to attack an important resistance -Analysis-22-05-2025

The (Brent) price settled on a decline in its last intraday trading, affected by breaking a bullish correctional trend line on the short-term basis, accompanied by surpassing the support of its EMA50, facing extra negative pressure, preparing to break the current support level at $64.40, on the other hand, we notice the beginning of positive overlapping signals appearance on the (RSI), after reaching oversold levels, which decreases the last losses.

The (ETHUSD) price rose in its last intraday trading, supported by its trading alongside a minor bullish trend line on the short-term basis, taking advantage of the dynamic support by its trading above its EMA50, besides the emergence of the positive signals on the (RSI), which supports the positive scenario.

The (BTCUSD) price continued its sharp rise in its last intraday trading, recording new historical levels after reaching our previous target at $110,000, in attempt to breach the psychological barrier and the critical resistance, this rise is supported by renewing the positive momentum, especially with the appearance of positive overlapping signals on the (RSI).