The price of (ETHUSD) rose in its last intraday trading, supported by its trading above EMA50, gaining renewed bullish momentum that helped it to achieve these gains, especially with the emergence of the positive signals on the (RSI), despite reaching overbought levels, amid the dominance of minor bullish wave on an intraday basis.
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The price of (BTCUSD) witnessed mixed trading in its last intraday levels, gathering its positive strength that might help it to resume its solid rise, and attempt to offload its clear overbought conditions on the (RSI), supported by its trading above EMA50, and under the dominance of the bullish correctional trend on the short-term basis and its trading alongside bias line.
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Crude oil prices declined slightly in their last intraday trading, due to the stability of the critical resistance at $67.45, surpassing the support of its EMA50, and puts it under negative pressure again, intensifying the emergence of the negative signals on the (RSI), after reaching overbought levels, which shrinks the chances for the price recovery on its upcoming trading.
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Crude oil prices declined in their last intraday trading, due to the stability of the resistance at $63.70, which puts it under the negative pressure of the EMA50, with the emergence of the negative signals on the (RSI), after reaching overbought levels, surpassing bullish correctional trend line on the short-term basis, to announce extending its losses on the near-term basis.
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