Ethereum (ETHUSD) rose slightly during its recent intraday trading, with the emergence of positive overlapping signals on the relative strength indicators, after offloading its overbought conditions, to achieve more gains in the upcoming near period, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on short-term basis.

Brent crude oil prices rose in recent intraday trading, retesting $94.00 resistance level, accompanied by testing bearish corrective trend line on the short-term basis, attempting to offload some of its clear oversold levels on the relative strength indicators, especially with the emergence of positive signals from them, amid the continuation of the negative pressure due to its trading below EMA50, intensifying the negative pressure.

Bitcoin (BTCUSD) settles with series of consecutive losses in its recent intraday trading, attempting to look for higher low to use it as a base that might help it to gain the required bullish momentum for its recovery, amid the dominance of the main bullish trend on short-term basis, with the continuation of the dynamic support that is represented by its trading above EMA50, which reinforces the chances of its recovery on near-term basis, with the relative strength indicators reaching exaggerated oversold levels compared to the price move, with the emergence of positive overlapping signals.

Crude oil prices reinforced its cautious gains during their recent intraday movements, affected by the stability of the key support at $86.75 level, to complete its attempts of recovering its previous losses and offloading its oversold conditions on the relative strength indicators, especially with the emergence of positive signals from there, due to the effect of exiting minor bullish channel’s range on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of full recovery on the near-term basis.