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Forecast update for Ethereum -28-04-2025

Economies.com
2025-04-28 10:32AM UTC

Ethereum price rose in its last intraday trading, supported by the positive signals on the (RSI), after reaching oversold levels, with its trading above EMA50, affected by the domination of the bullish correctional trend on the short-term basis, and its trading alongside trend line, to attack the stubborn key resistance at $1,800.

 

Forecast update for Bitcoin -28-04-2025

Economies.com
2025-04-28 10:23AM UTC

Bitcoin price (BTCUSD) rose strongly in its last intraday trading, taking advantage of the continuous positive support, due to its trading above its EMA50, with the appearance of the positive signals on the (RSI), after reaching oversold levels, amid the dominance of the main bullish trend and its trading alongside trend line. 

Forecast update for Brent crude oil -28-04-2025

Economies.com
2025-04-28 10:13AM UTC

Brent crude oil price declined in its last intraday trading, but it still leaning on the support of its EMA50, which kept the stability of the price in the last period, affected by a formed technical pattern on the short-term basis, which is the rising wedge pattern, with the beginning of negative signals appearance on the (RSI), after reaching exaggerated overbought levels compared to the price move, which represents signal for the beginning of forming negative divergence. 

Forecast update for crude oil -28-04-2025

Economies.com
2025-04-28 10:05AM UTC

Crude oil price declined in its last intraday trading, amid its trading alongside a main bearish trend line on the short-term basis, with the beginning of the emergence of the negative signals on the (RSI), after entering the overbought levels, leaning on the support of its EMA50 supports the price move until now.