The price of (ETHUSD) witnessed fluctuated trading on its last intraday levels, amid the attempts of breaching the current resistance at $4,500, accompanied by its attempt to offload its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from them, amid the dominance of steep bullish corrective waves, indicating the strength and the dominance of the positive track.
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Bitcoin (BTCUSD) prices rose in its upcoming trading on the intraday basis, after offloading its overbought conditions on the relative strength indicators, opening the way for achieving new gains on the near-term basis, especially with the emergence of positive overlapping signals on these indicators, attacking the psychological resistance at $120,000, amid the dominance of strong minor bullish wave on the short-term basis.
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Brent crude oil prices declined in its last trading on the intraday levels, due to the stability of the critical resistance level at $64.95, which put it under the negative pressure after offloading its oversold conditions on the relative strength indicators, increasing the negative pressure around it, amid the continuation of its trading below EMA50, and under the dominance of the bearish trend on the short-term basis.
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The price of (crude oil) returned to decline in its last intraday trading, after offloading its previous moves in its oversold conditions on the relative strength indicators, which allows it to record more of the losses on the near-term basis, amid the dominance of minor bearish wave on the short-term basis, with the continuation of the negative pressure due to its trading below its EMA50, intensifying the negative pressure.
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