Ethereum price (ETHUSD) continued to decline during its recent intraday trading, under pressure from negative signals generated by trading below EMA50, along with bearish signals from the relative strength indicators. The price also broke a short-term upward trendline, which ends the near-term recovery attempts, especially if the decline continues and nearby support levels are broken.

Brent crude oil prices recorded strong gains during recent intraday trading, reaching the key resistance level at $105.00, accompanied by reaching the EMA50 resistance, increasing the importance of this area as a pivotal resistance zone that could determine the next short-term direction of the price. This comes while the main bullish trend continues to dominate in the short term, with prices moving alongside a supportive upward trendline, in addition to positive signals emerging from the relative strength indicators.

Bitcoin (BTCUSD) declined in its latest intraday trading, amid the emergence of the negative signals from the relative strength indicators, to lean on EMA50’s support, as a last attempt to find higher low to use it as a base to help it to gain the required bullish momentum for its recovery, amid the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this path.

Crude Oil price surged higher during its latest intraday trading, surpassing the resistance of EMA50, to get rid of its negative pressure as a clear signal for extending these gains on near-term basis, amid the dominance of the bullish trend on the short-term basis, with its trading alongside trend line, with the emergence of the positive signals from the relative strength indicators, despite reaching overbought levels.