Forecast update for Ethereum -13-05-2025

The price of (BTCUSD) rose in its recent intraday trading, affected by the stability of the support at $102,000, supported by its continuous trading above the EMA50, with the formation of a positive divergence on the (RSI), after reaching exaggerated oversold levels compared to the price move, with the beginning of positive signals appearance from there, to support achieving more of the gains.

The price of (Brent) rose in its recent intraday trading, after it succeeded to find a rising bottom to use it as a base for its recovery, amid its movement alongside a bullish correctional trend line on the short-term basis, supported by its trading above its EMA50, besides entering the (RSI) an exaggerated oversold levels compared by the price movement.

The price of (Crude oil) rose in its recent intraday trading, to settle above the resistance of $61.70 again, in a signal to begin its recovery, amid the dominance of the bullish correctional trend on the short-term basis alongside a bias line, with the (RSI) indicators reach to the oversold levels, exaggeratedly compared by the price move, which indicates the beginning of forming a positive divergence.