Forecast update for Ethereum -18-08-2025
AI Summary
- Ethereum (ETHUSD) price declined due to bearish correctional wave and negative pressure, trading below EMA50 and showing negative signals on RSI
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The price of (ETHUSD) declined in its last intraday trading, amid the dominance of bearish correctional wave on the short-term basis, and its trading alongside a supportive bias line for this track, with the continuation of the negative pressure, due to its trading below EMA50 besides the emergence of the negative signals on the (RSI), despite reaching oversold levels.
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Forecast update for Bitcoin -18-08-2025
The price of (BTCUSD) kept declining in its last intraday levels, to reach our morning target at $114,500, amid its affection by breaking minor bullish trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, on the other hand, the (RSI) indicators have reached oversold levels, with the emergence of positive overlapping signals from there, which might reduce the upcoming losses duet o its neediness to offload some of this oversold conditions.
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Forecast update for Brent crude oil -18-08-2025
The price of (Brent) declined in its last intraday trading, after it attempted in its early trading to offload its clear oversold condition on the (RSI), especially with the emergence of the negative signals, testing the resistance of minor bearish trend line on the short-term basis, besides reaching the resistance of its EMA50, intensifying the negative pressure on the price to bounce lower.
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Forecast update for crude oil -18-08-2025
The price of (crude oil) settles with limited gains in its last intraday trading, affected by gaining some bullish momentum due to the stability of the key support at $62.00, attempting to offload some of its clear oversold conditions on the (RSI), especially with the emergence of the positive signals, amid its trading below EMA50, adding more negative momentum to the price.
VIP Trading Signals Performance by BestTradingSignal.com (August 11–15, 2025)
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US Stock Signals from €44/month
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Subscribe via TelegramVIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from €179/month
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