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Forecast update for Ethereum -23-06-2026

Economies.com
2026-06-23 11:03 UTC

 

 

Ethereum (ETHUSD) slipped lower during its latest intraday, breaking a bullish corrective trend line on the short-term basis, to end the chances of a recovery on the near-term basis, especially with a dynamic negative pressure due to its trading below EMA50, with the emergence of negative signals from the relative strength indicators, increasing the likelihoods of deepening these losses in the upcoming near period.

 

 

Forecast update for Brent -23-06-2026

Economies.com
2026-06-23 11:00 UTC

 

 

Brent crude oil rose during its latest intraday trading, attempting to recover some previous losses, offloading some of its oversold conditions on the relative strength indicators, especially with the emergence of the positive signals, amid the dominance of the main bearish trend on the short-term basis, with a continued dynamic resistance due to the trading below EMA50, which reduces the chances of the full recovery on the near-term basis.

 

 

 

Forecast update for Bitcoin -23-06-2026

Economies.com
2026-06-23 10:57 UTC

 

 

Bitcoin (BTCUSD) declined during its latest intraday trading, reaching $62,000 support, which represented our previous expected target, amid the continuation of the negative pressure that comes from its trading below EMA50, with the dominance of the main bearish trend on the short-term basis, on the other hand, we notice the emergence of the negative signals from the relative strength indicators. 

 

 

Forecast update for crude oil -23-06-2026

Economies.com
2026-06-23 10:54 UTC

 

 

Crude Oil settles against a strong bearish wave, supported by positive signals from the relative strength indicators after they reached deeply oversold levels. This appears to be an attempt by the market to ease some of the oversold conditions, helping prices stabilize despite the prevailing short-term bearish trend, and negative pressure remains in place as crude oil continues to trade below EMA50, reinforcing the dominance of the bearish outlook and increasing downside pressure on prices.