Brent crude oil price rose in its recent intraday trading, affected by breaching a main bearish trend line on the short-term basis previously, announcing the domination of a bullish correctional wave, supported by its continuous trading above its EMA50, besides its success in offloading its overbought conditions that were clear on the (RSI) indicators, to notice the beginning of positive overlapping signals appearance, which reinforces the bullish scenarios.
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Ethereum (ETHUSD) price rose slightly in its recent intraday trading, preparing to attack our last target at $2,540, amid the dominance of the main bullish trend on the short-term basis, with the beginning of a positive divergence on the (RSI), after reaching exaggerated oversold levels compared by the price move, with the beginning of the positive signals emergence, which reinforces the stability of the positive scenario, after the price success in its previous trading to gain positive momentum.
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Bitcoin (BTCUSD) oil price settled on a rise in its recent intraday trading, amid the dominance of the main bullish trend on the short-term basis, and its trading alongside a bias line, taking advantage from the dynamic support that comes from its trading above EMA50, on the other hand, we notice the emergence of the negative signals on the (RSI) indicators, which decreased the last gains of the price, to notice reaching exaggerated oversold levels compared by the price current move, as a signal for ending gathering positive momentum.
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Crude oil price rose in its recent intraday trading, amid the dominance of the bullish correctional trend on the short-term basis, and its trading alongside a bias line, with the continuation of the positive pressure due to its trading above its EMA50, besides the beginning of the negative signals appearance on (RSI), after the price success in offloading its overbought conditions previously, despite the continuation of its rise, which indicates the strength of the dominant buying powers.
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