Forecast update for Ethereum -29-12-2025

Brent crude oil’s prices extended its gains on its last intraday levels, taking advantage of the dynamic support that is represented by its trading above EMA50, attacking our morning target at $61.35, taking advantage of the emergence of the positive signals from the relative strength indicators, after reaching oversold levels, amid the dominance of bullish corrective wave on the short-term basis with its trading alongside supportive trend line for this trend.

BTCUSD’s price slipped lower in its recent intraday trading, due to the stability of the psychological resistance level at $90,000, attempting to gain bullish momentum that may help it to attack the resistance in the future, and attempts to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from there, leaning on the support of EMA50, amid the dominance of the bullish corrective trend on the short-term basis and its trading alongside trend line.

The price of (crude oil) surged higher in its last intraday trading, reaching our morning expected target for today at $57.70, supported by its continued trading above EMA50, under the dominance of bullish corrective wave on the short-term basis and its trading alongside trend line, besides the emergence of the positive signals on the relative strength indicators, after forming positive divergence in its previous trading that intensifies the bullish momentum.