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Forecast update for Ethereum -21-07-2025

Economies.com
2025-07-21 11:39AM UTC
AI Summary
  • Ethereum (ETHUSD) price rose to $3,800 after offloading overbought conditions on the RSI
  • Positive signals indicate potential for further rises, with dominance of bullish trend on short-term basis
  • Trading alongside main and minor bias lines suggests continued upward movement in the near future

The price of (ETHUSD) rose in its recent intraday levels, attacking the current resistance level at $3,800, this rise came after offloading the overbought conditions on the (RSI), opening the way for achieving more of the rises, especially with the emergence of the positive signals, amid the dominance of the main bullish trend on the short-term basis and its trading alongside main and minor bias lines.

 

 

Forecast update for Bitcoin -21-07-2025

Economies.com
2025-07-21 11:39AM UTC

The price of (BTCUSD) declined in its intraday levels, after it attempted to surpass the negative pressure of the EMA50, to gather its positive strength that might assisted it to complete this mission, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the emergence of the positive signals on the (RSI).

 

 

 

Forecast update for Brent crude oil -21-07-2025

Economies.com
2025-07-21 11:39AM UTC

The price of (Brent) declined in its last intraday levels, amid its attempts to look for a rising low to take it as a base to gain the required positive momentum to recover, affected by the negative pressure due to its trading below EMA50, with the beginning of forming positive divergence on the (RSI), after reaching exaggerated oversold levels compared to the price move, with the beginning of the positive signals, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line.

 

 

Forecast update for crude oil -21-07-2025

Economies.com
2025-07-21 11:38AM UTC

The price of (crude oil) declined in its last intraday trading, with the negative pressure from its trading below EMA50, to lean on the key support at $65.60, in attempt to gain a bullish momentum that might assist it to get rid of its negative pressures, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the emergence of the positive signals on the (RSI), after reaching oversold levels, exaggeratedly compared to the price move, which suggest the beginning of forming a positive divergence.