The price of (ETHUSD) rose in its last intraday trading, amid its attempts to surpass the negative pressure on the EMA50, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a supportive bias line for the trend, and the last rise came after its success in offloading some of its overbought conditions on the (RSI), which allows it to achieve more of the gains on the near-term basis.
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The price of (BTCUSD) rose in its last intraday trading, attempting to breach the current resistance level at $114,500, to surpass the negative pressure on the EMA50, supported by the (RSI) after the price success in offloading the overbought conditions, opening the way for achieving more of the gains on the near-term basis, especially with the emergence of positive overlapping signals.
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The price of (Brent) declined in its last trading on the intraday levels, with the continuation of the negative pressure that comes from its trading below EMA50, confirming breaking a main bullish trend line on the short-term basis, reinforcing the chances for recording more of the losses, especially with the emergence of the negative signals on the (RSI), after its success in offloading its oversold conditions.
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The price of (crude oil) declined in its last intraday trading, amid the continuation of its trading below EMA50, reaching our morning target at the key support at $64.85, preparing to break it, to confirm the scenario of continuing the rise, especially with the emergence of the negative signals on the (RSI), after offloading the oversold condition, which opened the way for recording more losses on the near-term basis.
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