The price of (ETHUSD) rose in the last intraday trading, amid the dominance of minor bullish wave on the short-term basis, with its trading alongside supportive trend line for this trend, taking advantage of the continued positive pressure due to its trading above EMA50, besides the emergence of the positive signals from the relative strength indicators, reinforcing the chances of extending the gains on the near-term basis.
Brent crude oil’s prices rose in its last intraday trading, due to the stability of the support level at $59.95, this support was our morning expected target, attempting to offload its oversold conditions on the relative strength indicators, especially with the emergence of the positive signals, reaching the resistance of EMA50, amid the dominance of the main bearish trend on the short-term basis, with its trading alongside minor trend line for this trend.
BTCUSD’s price rose in its recent intraday trading, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the strength of minor bullish wave on the short-term basis, besides the emergence of the positive signals from the relative strength indicators, despite reaching overbought levels, which might reduce the strong bullish move temporarily in the upcoming period.
The price of (crude oil) witnessed fluctuated trading in its last intraday trading, amid the emergence of the positive signals from the relative strength indicators, after reaching oversold levels, to hit EMA50’ resistance, which might decelerate the rise on the near-term basis, especially with its trading alongside minor bearish trend line on the near-term basis, which reduces the chances of sustainable recovery on the near-term basis.