Forecast update for Ethereum -04-09-2025
AI Summary
- Ethereum's price rose in recent trading due to offloading overbought conditions and positive technical formations, increasing chances for price recovery in the near-term
- BestTradingSignal.com offers high-accuracy trading signals for US stocks, cryptocurrencies, forex, and VIP signals for various markets
- VIP signals performance report for August 25-29, 2025 is available for viewing on the website
The price of (ETHUSD) rose in its last intraday trading, after its success in offloading its overbought conditions on the (RSI), amid its affection by technical positive formation on the short-term basis, represented by the falling wedge pattern, that appears on the bearish correctional wave, which increases the chances for the price recovery on the near-term basis, especially when breaching the current resistance levels.
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Forecast update for Bitcoin -04-09-2025
The price of (BTCUSD) rose in its last intraday trading, affected by its lean on the support of its EMA50, gaining positive momentum that stopped its early strong losses, to recover and rise again, amid its affection by breaching a main bearish trend line on the short-term basis, putting it under the dominance of bullish correctional wave, besides the (RSI) reaching the oversold levels, adding more of the bullish momentum on the near-term basis.
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Forecast update for Brent crude oil -04-09-2025
The price of (Brent) witnessed fluctuated trading in its last intraday levels, as it reached our morning suggested target at $66.40, and the stability of this support made the price gain some of the positive momentum that helped it to bounce higher, with the emergence of the positive signals on the (RSI), attempting to offload some of this oversold levels, affected by the dynamic resistance that is represented by its trading below EMA50, with its exit from bullish correctional channel’s range on the short-term basis.
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Forecast update for crude oil -04-09-2025
The price of (crude oil) continued the decline in its last intraday trading, to reach our morning target at the support level at $62.85, amid the continuation of the negative pressure that comes from its trading below EMA50, affected by breaking bullish correctional trend line on the short-term basis, on the other hand, we notice the emergence of the positive signals on the (RSI), after reaching oversold levels, which might reduce the upcoming losses, especially if the mentioned support settles.
VIP Trading Signals Performance by BestTradingSignal.com (August 25–29, 2025)
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