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Forecast update for Ethereum -11-07-2025

Economies.com
2025-07-11 12:43PM UTC
AI Summary
  • Ethereum (ETHUSD) experienced a decline in price, shedding gains from previous rises and attempting to alleviate overbought conditions.
  • Negative overlapping signals have emerged, despite a strong bullish wave on a short-term basis.
  • The cryptocurrency is trading alongside a bias line, indicating potential volatility in the near future.

 

The price of (ETHUSD) declined in its recent intraday levels, gathering the gains of its last rises, attempting to offload its clear overbought conditions, especially with the emergence of negative overlapping signals, amid the dominance of strong bullish wave on the short-term basis and its trading alongside a bias line.

 

 


 

 

Forecast update for Bitcoin -11-07-2025

Economies.com
2025-07-11 12:37PM UTC

The price of (BTCUSD) continues the rise in its intraday levels, recording new historical levels where it reached our morning target at $118,000, to bounce back in a truce to catch its breath, attempting to gather the gains on its previous rises, and attempting to offload its clear overbought conditions on the (RSI), with the beginning of negative overlapping signals on them, gathering its positive strength that might assist it to rise again and breaching this resistance, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line.

 

 

 

Forecast update for Brent crude oil -11-07-2025

Economies.com
2025-07-11 12:36PM UTC

The price of (Brent) rose in its last intraday levels, with the beginning of positive divergence on the (RSI), after reaching oversold levels, with the beginning of the positive signals emergence from there, amid the price trading alongside a minor bullish trend line on the short-term basis, with the continuation of the dynamic support that is represented by its trading above EMA50.

 

 

 

Forecast update for crude oil -11-07-2025

Economies.com
2025-07-11 12:36PM UTC

The price of (crude oil) began to recover in its last intraday trading, due to the strong support from the stability of the support at $66.00, accompanied by the stability of the price lean on the support of EMA50, and testing a main bullish trend line on the short-term basis, besides forming a positive divergence on the (RSI), after reaching oversold levels, with the beginning of the positive signals.