Forecast update for Ethereum -26-03-2026

Brent crude oil (Brent) moved higher in its recent intraday trading, retesting the key resistance level at $100.80. This level represents the neckline of a previously formed bearish pattern (double top) on the short-term timeframe.

Bitcoin price (BTCUSD) continued to decline during its recent intraday trading, pressured by ongoing negative signals from the relative strength indicators. The price has also broken below EMA50, exposing it to further downside pressure, especially as this move coincided with a break of a short-term ascending trendline, increasing the likelihood of deeper losses in the near term.

Crude oil price continued its cautious upward movement during recent intraday trading, reaching the resistance of EMA50. This comes as the relative strength indicators enter heavily overbought territory, exaggerated compared to price action, suggesting the formation of a potential bearish divergence. Additionally, early signs of a negative crossover are appearing, which could expose the price to increased downside pressure and signal a possible bearish reversal. This scenario is further supported by the dominance of a short-term corrective downward wave, along with the earlier break of an upward trendline.