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Ethereum (ETHUSD) under the dominance of the tight sideway trading -Analysis-30-04-2025

Economies.com
2025-04-30 03:29AM UTC

Ethereum (ETHUSD) declined in its last intraday trading, affected by the stability of the stubborn key resistance at $1,800, which still represents a sold technical obstacle against the continuation of the rise, with the emergence of the negative signals on the (RSI), after reaching exaggerated overbought levels.

 

Despite this weak action on an intraday basis, the wider technical image remains carrying positive signals, especially with the stability of the price above EMA50, and its trading along a bullish correctional trend line.

 

Bitcoin (BTCUSD) gathers its positive strength -Analysis-30-04-2025

Economies.com
2025-04-30 02:33AM UTC

Bitcoin (BTCUSD) declined slightly on its last intraday trading, affected by the emergence of the negative signals on the (RSI), after reaching overbought levels, within the price continued attempts to gain positive momentum that might assist to rise in a new bullish wave, amid the continuation of the positive support due to its trading above EMA50, which support the price, and the main bullish trend remains the dominant on the short-term basis and its trading alongside trendline, reinforcing the possibilities for regaining the positive momentum at any moment.

 

Crude oil attempts to recover some of its losses -Analysis-30-04-2025

Economies.com
2025-04-30 02:24AM UTC

Crude oil price settled in its recent intraday trading, in attempt to catch its breath and recover some of its previous losses, accompanied with its attempt to offload some of its clear oversold conditions on the (RSI), especially with the beginning of positive overlapping signals appearance, which supported the selling pressures temporarily.

 

This comes from trading within alongside the main bearish trend line on the short-term basis, besides the continuation of the negative pressure due to its trading below EMA50.

 

Gold loses its positive chances -Analysis-30-04-2025

Economies.com
2025-04-30 04:18AM UTC

Gold price settled with slight decline in its recent intraday trading, amid the continuation of the negative pressure that comes from its trading below EMA50, which remains forming a strong technical barrier against the upside move, which decelerates the price and pushes the gold to decline temporarily in the recent period.

 

Despite this limited decline, the price is building a new support base, leaning on a monor bullish trend line on the short-term basis, reinforcing the recovery attempts, if the price remains stable above it. Besides the appearance of positive technical signals on the (RSI), especially after entering the oversold levels.