Ethereum (ETHUSD) declined during recent intraday trading, amid its trading within bearish corrective channel that limits its previous trading on short-term basis, with the emergence of the negative signals from the relative strength indicators, after reaching overbought levels, besides the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of a full recovery on the near-term basis.

Brent crude oil settles with limited gains at its recent intraday levels, to recover big part of its early losses for today, amid the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this track, besides the continuation of the dynamic pressure that is represented by its trading above EMA50, besides the emergence of positive signals from the relative strength indicators, after offloading its overbought levels.

Bitcoin (BTCUSD) settles on sharp losses in recent intraday trading, after reaching EMA50’s resistance, surrendering from the negative pressure amid its trading alongside bearish corrective trend line on short-term basis that intensifies the negative pressures around it, especially with the emergence of the negative signals from the relative strength indicators, after reaching overbought levels.

Crude oil rose during recent intraday trading, supported by its stability above the key support level at $100.00. The price continues to trade above its EMA50, reinforcing the stability and dominance of the main short-term uptrend.

In the background, a positive crossover is beginning to appear on the relative strength indicators after reaching deeply oversold levels, suggesting the formation of a potential bullish divergence that could support further gains in the near term.