The price of (ETHUSD) witnessed fluctuated trading in its last intraday levels, amid its attempts to gain bullish momentum and offloading some of its clear overbought conditions on the (RSI), amid the dominance of the minor bullish trend and its trading alongside supportive bias on the short-term basis, taking advantage of its continuous trading above EMA50, reinforcing the stability of the positive scenario on the near-term basis.
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The price of (BTCUSD) declined in its last trading on the intraday levels, gathering the gains of its previous rises, attempting to gain bullish momentum that might help it to recover and rise again, to offload some of its overbought conditions on (RSI), especially with the emergence of the negative signals from them, amid the continuation of the bullish correctional trend on the short-term basis.
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Brent Crude oil prices witnessed sharp decline in their last intraday trading, supported by positive divergence on the (RSI), after reaching oversold levels, with the emergence of the positive signals, surpassing the negative pressure of the EMA50, accompanied by breaching a minor bearish trend line on the short-term basis, providing more of the positive momentum.
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Crude oil prices surged higher in its last intraday trading, due to the stability of the critical support level at $61.65, gaining positive momentum that assisted it to achieve these strong gains, with the emergence of the positive signals on the (RSI), after reaching oversold levels, to get rid of the negative pressure of EMA50, announcing its recovery and opening the way for targeting new resistance levels.
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