Forecast update for Ethereum -30-07-2026

Brent crude oil prices declined in their latest intraday trading, after retesting a bullish trend line that was broken previously, accompanied by reaching EMA50’s resistance, which intensified the negative pressure and forced the price to rebound, especially with the beginning of forming negative divergence on the relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price move, with the emergence of negative signals from them.

(BTCUSD) rose during its last intraday trading, supported by the emergence of the positive signals from the relative strength indicators, after offloading some of its overbought levels, gaining bullish momentum that helped it to achieve these gains, reaching EMA50’s resistance, which might threaten these gains by negative rebound, amid the dominance of the bearish corrective trend on the short-term basis and the trading within price channel range.

Crude oil prices declined in their latest intraday trading, affected by reaching EMA50’s resistance, which put it under the negative pressure, which intensified with the emergence of the negative signals from the relative strength indicators, after reaching overbought levels, preparing the price to record more losses if it couldn’t breach its near resistance, especially with the dominance of steep minor bearish wave on the short-term basis.