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Forecast update for Ethereum -25-04-2025

Economies.com
2025-04-25 10:13AM UTC

Ethereum price rose in its last intraday trading, supported by the emergence of the positive signals on the (RSI), and under the domination of the bullish correctional trend on the short-term basis, and its trading alongside trendline, getting ready to attack the main resistance level at $1,800.

 

Therefore, our expectations suggest Ethereum price rise in their upcoming intraday trading, if the price breached the resistance at $1,800 initially, followed by targeting its next resistance at $1,900

 

The expected trading range for today is between $1,685 support and $1,830 resistance

 

Today’s forecast: Bullish

Forecast update for Bitcoin -25-04-2025

Economies.com
2025-04-25 10:07AM UTC

Bitcoin price (BTCUSD) rose in its last intraday trading, settling above $92,500, forming its sideways trading, attempting to gain positive momentum that assists it to resume the rise, supported by its moves alongside a main bullish trendline on the short-term basis.

 

Therefore, our expectations suggest a bitcoin price rise in their upcoming intraday trading, if the price settles above $92,500, to target the resistance at $97,400 level. 

 

The expected trading range for today is between $91,500 support and $96,000 resistance

 

Today’s forecast: Bullish

Forecast update for Brent crude oil -25-04-2025

Economies.com
2025-04-25 10:08AM UTC

Brent crude oil declined in its recent intraday trading, affected by breaking a bearish correctional bias previously, with the beginning of negative overlapping signals appearance on the (RSI), after reaching overbought levels, but the price remains leaning on the support of EMA50, which assisted it to steadfast in its previous trading.

 

Therefore, our expectations suggest a brent crude price decline in their upcoming intraday trading, if the support settles at $65.00, to target the next support at $62.00 level. 

 

The expected trading range for today is between $63.65 support and $66.60 resistance

 

Today’s forecast: Bearish

 

Forecast update for crude oil -25-04-2025

Economies.com
2025-04-25 09:54AM UTC

Crude oil price declined in its recent intraday trading, affected by the stability of the current resistance level at $63.20, to lean on the support of EMA50, with the beginning of the negative overlapping signals emergence on the (RSI), after reaching exaggerated overbought levels compared to the price move, reinforcing the negative pressure on the price, specially, with its affection by the formed  negative pattern on the short-term basis, which is the rising wedge pattern.

 

Therefore, our expectations suggest a price decline in their upcoming intraday trading, if the resistance settles at $63.20, to target the support at $61.50 level, preparing to break it.

 

The expected trading range for today is between $61.50 support and $64.10resistance

 

Today’s forecast: Bearish