Binance Coin’s currency price rose in latest intraday trading and tested the main downward trend line in the short term, while also bumping into the resistance of the 50-day SMA, doubling the strength of this region as a barrier against the price, with negative signals from the Stochastic after reaching overbought levels compared to the price’s movements, hinting at negative divergence. 

Therefore we expect the price to return lower and target the support of $568.90, provided the resistance of $613.10 holds on.

Today’s price forecast: Bearish

Ethereum price jumped higher in its last intraday trading, due to the stability of the key support at $1,540, to succeed in surpassing the resistance of EMA50, in an important step to surpass its negative pressures, especially with the beginning of the positive signals emergence on the (RSI) after reaching extreme oversold areas.

Bitcoin price settles on a rise in its recent intraday trading, within its attempts to breach the stubborn and key resistance level at $88,300, amid the dominance of the bullish trend and its trading alongside the trendline on the short- term basis, noting that there are positive signal begin to appear from the (RSI), after offloading some of the overbought conditions, which reinforces the positive scenario.

Brent crude oil rose in its last intraday trading, leaning on a bullish correctional trend line on the short-term basis, which provides some support, especially with the emergence of positive signals on the (RSI), with the continuation of the positive pressure due to its trading above EMA50.