Forecast update for Ethereum -20-08-2025
AI Summary
- Ethereum (ETHUSD) experienced a decline in price after recovering some losses, trading below EMA50 and under bearish pressure
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The price of (ETHUSD) declined in its last intraday trading, after it succeeded in its early trading to recover some of its previous losses, and offloading the clear oversold conditions on the (RSI), amid the continuation of the negative pressure due to its trading below EMA50, and under the dominance of bearish correctional wave on the short-term basis and its trading alongside a supportive bias line for this track.
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Forecast update for Bitcoin -20-08-2025
The price of (BTCUSD) declined in its last intraday trading, after its succeeded in recovering some of its previous losses, and it offloaded some of its clear oversold conditions on the (RSI), taking advantage of the stability of the current support level at $113,000, gaining some bullish momentum that helped it to achieve these temporary gains, amid the dominance of minor bearish wave on the short-term basis.
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Forecast update for Brent crude oil -20-08-2025
The price of (Brent) rose in its last intraday trading, supported by the emergence of the positive signals on the (RSI), retesting the key resistance at $66.00, accompanied by hitting the resistance of its EMA50, intensifying the negative pressure, which might push it to bounce lower again, especially with the dominance of the main bearish trend on the short-term basis.
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Forecast update for crude oil -20-08-2025
The price of (crude oil) rose in its last intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, which makes the indicators enter overbought level, and that adds more negative momentum on the upcoming trading, especially with its reach to the resistance of EMA50, amid the dominance of the main bearish trend on the short-term basis.
VIP Trading Signals Performance by BestTradingSignal.com (August 11–15, 2025)
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