Ethereum is surrounded by positive pressures -Analysis-22-05-2025

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).

The (crude oil) price continued its decline in its last intraday trading, after breaking the support of a bullish correctional channel that was limiting its decline on the short-term basis, accompanied by breaking the support of its EMA50, which increases the selling pressure on the price.

The (Gold) price rose in its last intraday trading, after it managed to offload its clear overbought conditions on the (RSI), which open the way for the positive momentum to return gradually, and the bullish technical signals begin to appear again, especially with the emergence of positive overlapping signals on these indicators.