Forecast update for Ethereum -29-10-2026

Brent crude oil prices remain lower in their latest intraday trading, finding support at a minor short-term ascending trend line. The price is attempting to establish a higher low that could serve as a base for building positive momentum, paving the way for a fresh recovery and further gains. This comes amid continued positive pressure from trading above EMA50. Meanwhile, the relative strength indicators entered deeply oversold levels.

Bitcoin (BTCUSD) prices edged slightly higher in their latest intraday trading, supported by the resilience of the pivotal support level at $80,000, providing some positive momentum, helping it withstand the surrounding negative pressure and recover part of its previous losses. It also allowed the price to ease some of its evident oversold conditions on the relative strength indicators, particularly as a positive crossover began to emerge.

Crude oil prices remain lower in their latest intraday trading, amid attempts to build positive momentum that could help the price break above the key resistance level of $102.00, supported by trading along a main short-term ascending trend line, while recent price movements have found support at EMA50, providing a dynamic support base that strengthens the chances of a near-term recovery.