Ethereum price (ETHUSD) shows additional decline to surpass 2623.77$ level and reach the thresholds of 2545.00$ level, and as we mentioned in our recent reports, holding above this level keeps the bullish trend scenario active for the upcoming period, and the price needs to trade above 2623.77$ again to reinforce the chances of resuming the bullish wave that its next main target located at 2905.30$.
Bitcoin price (BTCUSD) faces additional negative pressure to break 62120.00$ and head towards achieving more decline in the upcoming sessions, targeting visiting 60326.70$ level, making the bearish bias suggested on the intraday basis unless the price managed to surpass 62120.00$ and consolidate above it again.
Crude oil price provides additional negative trades to break 76.86$ level and close the last four hours’ candlestick below it, to open the way to achieve more decline to head towards visiting 75.00$ areas as a next negative station, making the bearish bias suggested in the upcoming sessions unless breaching 76.86$ and holding above it again.
Binance Coin’s price (BNBUSD) fell in the intraday levels, while trying to gather positive momentum to rise anew, as it also vented off overbought saturation in the RSI with negative signals out of it, with the price thus leaning on the support of the 50-day SMA, amid the dominance of the main upward trend in the medium term, while buoyed by exiting the descending correctional price channel that guided recent short-term trading.
Therefore we expect the price to return higher and target the stubborn resistance of $605.7 anew, provided the support of $533.30 holds on.
Trend forecast: Likely Bullish