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Ethereum price (ETHUSD) forecast update - 25-11-2024

Economies.com
2024-11-25 10:53AM UTC

Ethereum price (ETHUSD) rallied upwards to succeed breaching 3440.00$ level and settle above it, which supports the continuation of the expected bullish trend on the intraday and short-term basis, opening the way to target 3565.00$ followed by 3690.00$ levels that represent the next main stations.

 

Holding above 3440.00$ is important to the continuation of the expected rise, as failing to consolidate above it might force the price to decline and head to test 3185.00$ areas before any new positive attempt.

 

The expected trading range for today is between 3300.00$ support and 3600.00$ resistance.

 

Trend forecast: Bullish

Bitcoin price (BTCUSD) forecast update - 25-11-2024

Economies.com
2024-11-25 10:53AM UTC

Bitcoin price (BTCUSD) achieved initial breach to the bullish flag’s resistance line and closed the last four hours’ candlestick above it, reinforcing the expectations of continuing the bullish trend efficiently for the rest of the day, waiting to visit 100000.00$ followed by 106000.00$ levels that represent our next main targets, reminding you that the continuation of the bullish wave conditions the price stability above 95820.00$.

 

The expected trading range for today is between 96000.00$ support and 101000.00$ resistance.

 

Trend forecast: Bullish

Brent oil price forecast update 25-11-2024

Economies.com
2024-11-25 10:52AM UTC

Brent oil price provided more bearish bias, noticing that the price attempts to recover now, waiting to resume the expected bullish trend for the upcoming period, which its targets begin by breaching 75.36$ to open the way to head towards 76.84$ as a next positive station, reminding you that the continuation of the bullish wave depends on the price stability above 73.90$.

 

The expected trading range for today is between 73.90$ support and 76.70$ resistance.

 

Trend forecast: Bullish

Crude oil price forecast update 25-11-2024

Economies.com
2024-11-25 10:51AM UTC

Crude oil price tested 70.58$ level and keeps its stability above it until now, to keep the bullish trend scenario active for today, which its targets begin by testing 72.15$ level, reminding you that breaking 70.58$ will put the price under additional negative pressure and head towards 69.70$ followed by 68.65$ levels as main negative stations.

 

The expected trading range for today is between 69.70$ support and 72.70$ resistance

 

Trend forecast: Bullish