Forecast update for Ethereum -03-09-2025
AI Summary
- Ethereum's price rose due to positive signals on the RSI, but faces resistance from a bearish correctional trend line and trading below EMA50
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The price of (ETHUSD) rose in its last intraday levels, supported by the emergence of the positive signals on the (RSI), after offloading its overbought conditions, the price is attacking a bearish correctional trend line on the short-term basis, the continuation of its trading below EMA50 intensifies the negative pressure, forming an obstacle against the price attempts to recover on the near-term basis.
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Forecast update for Bitcoin -03-09-2025
The price of (BTCUSD) surpassed the negative pressure in its last intraday trading, taking advantage of the dynamic support that is represented by its trading above EMA50, affected by breaching main bearish trend line on the short-term basis, after offloading its overbought condition, opening the way for achieving new gains.
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Forecast update for Brent crude oil -03-09-2025
The price of (Brent) declined sharply in its last intraday trading, after testing the top of a bullish correctional channel that limits its trading on the short-term trading, with the emergence of the negative signals on the (RSI), after reaching overbought levels, attempting to look for a rising high to take it as a base that might help it to gain the required positive momentum to recover, leaning on the support of EMA50, as a last chance that might stop the losses.
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Forecast update for crude oil -03-09-2025
The price of (crude oil) slipped lower in its last intraday trading, amid the emergence of the negative signals on the (RSI), after reaching overbought levels, leaning on the support of its EMA50, amid the dominance of the bullish correctional trend on the short-term and its trading alongside a bias line, the price still can recover and rise again, if it manages to settle above the current support levels and gaining the required positive momentum for this.
VIP Trading Signals Performance by BestTradingSignal.com (August 25–29, 2025)
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