The price of (ETHUSD) settled with slight decline in its last intraday trading, affected by the negative pressure due to the relative strength indicators reaching overbought levels, exaggeratedly compared to the price move, forming negative divergence that intensified the dominance of the main bearish trend, amid its trading alongside minor trend line on the short-term basis.
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Bitcoin (BTCUSD) prices declined during their last intraday trading, due to the stability of the resistance at $103,500, with the beginning of forming negative divergence on the relative strength indicators, after reaching exaggerated overbought levels compared to the price move, with the beginning of the negative signals emergence, amid the dominance of the main bearish trend and its trading alongside minor trendline on the short-term basis.
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Brent crude oil prices rose in their last intraday trading, due to the stability of the key support at $63.75, gaining some bullish momentum to use it to offload its oversold conditions, with the emergence of the positive signals, and it reached the resistance of EMA50, to witness fluctuated trading.
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The price of (crude oil) witnessed fluctuated trading in its last intraday levels, with the emergence of the positive signals on the relative strength indicators, after reaching oversold levels, attempting to offload some of these conditions, however the price remains under negative pressure that comes from its trading below EMA50, reinforcing the stability of the main bearish track on the short-term basis and its trading alongside trendline.
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