The price of (ETHUSD) declined in its last intraday trading, to gather the gains of its previous rises, attempting to gain bullish momentum that might help it to offload some of its clear overbought conditions on the relative strength indicators, with the emergence of negative overlapping signals from them, amid the continuation of the positive support due to its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis.
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The price of (BTCUSD) settled with gains on its last intraday levels, amid its attempts to breach the critical resistance level at $117,000, supported by the emergence of the positive signals on the relative strength indicators, taking advantage of the dynamic support that is represented by its trading above EMA50, accompanied by the dominance of the bullish correctional trend on the short-term basis and its trading alongside trendline.
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Crude oil prices got strong bullish push on its last intraday levels, due to its lean on the support of EMA50, gaining bullish momentum that helped it to achieve these gains, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside supportive trendline, on the other hand, we notice the relative strength indicators reaching oversold level, which suggest the beginning of forming positive divergence, intensifying the chances for extending the gains on the near-term basis.
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Crude oil prices began to recover in its last intraday trading, after looking for rising low to take it as a base for gaining the required positive momentum for its recovery, amid the continuation of the positive pressure that comes from its trading above EMA50, and under the dominance of the bullish correctional trend on the short-term basis, besides the emergence of positive overlapping signals on the relative strength indicators, after reaching oversold levels.
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