Forecast update for Ethereum -29-08-2025
AI Summary
- Ethereum's price declined due to negative pressure from trading below EMA50 and breaking the main bullish trend line on a short-term basis
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The price of (ETHUSD) declined in its last intraday levels, amid the continuation of the negative pressure that comes from its trading below EMA50, with the emergence of the negative signals on the (RSI), to break the main bullish trend line on the short-term basis, ending the hopes of the recovery on the near-term basis, to intensify the negative pressures, and increasing the chances for targeting new support levels in the upcoming period.
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Forecast update for Bitcoin -29-08-2025
The price of (BTCUSD) deepened its losses in its last intraday trading, amid continuation of the negative pressure that comes from its trading below EMA50, forming a resistance level that prevented the previous recovery attempts, amid the dominance of the main bearish trend on the short-term basis, and its trading alongside a supportive bias line for this negative track, on the other hand, we notice the emergence of positive overlapping signals on the (RSI), after reaching oversold levels, which might reduce the losses temporarily.
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Forecast update for Brent crude oil -29-08-2025
The price of (Brent) rose in its last intraday trading, amid its attempts to breach the current resistance at $67.60, amid the dominance of the bullish correctional trend on the short-term basis, and its trading alongside a bias line, with the continuation of the positive pressure that comes from its trading above EMA50, reinforcing the stability of this positive scenario, despite the emergence of the negative signals on the (RSI), after entering overbought levels, in an attempt to offload some of this overbought condition.
VIP Trading Signals Performance by BestTradingSignal.com (August 18–22, 2025)
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Subscribe via TelegramCheck full VIP signals performance report for the week of August 18–22, 2025: Full Report
Forecast update for crude oil -29-08-2025
The price of (crude oil) rose in its last intraday trading, amid the recovery attempts, taking advantage of the dynamic support that is represented by its trading above EMA50, and under the dominance of the bullish correctional trend on the short-term basis and its trading alongside a supportive bias line, on the other hand, we notice the emergence of the negative signals on the (RSI), after reaching overbought levels, which might decelerate the upcoming gains temporarily.
VIP Trading Signals Performance by BestTradingSignal.com (August 18–22, 2025)
BestTradingSignal.com – Professional Trading Signals with high accuracy. Subscribe now to tailored packages for the world’s leading markets and receive signals instantly via Telegram from an expert team:
US Stock Signals from €44/month
Subscribe via TelegramCrypto Signals from €49/month
Subscribe via TelegramForex Signals from €49/month
Subscribe via TelegramVIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from €179/month
Subscribe via TelegramCheck full VIP signals performance report for the week of August 18–22, 2025: Full Report