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    Home»Ethereum News»Forecast update for Ethereum -24-08
    August 24, 20260 Views

    Forecast update for Ethereum -24-08

    EditorBy EditorAugust 24, 2026No Comments2 Mins Read
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    Forecast update for Ethereum -24-08-2026
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    Trending:Oil|Gold|BITCOIN|EUR/USD|GBP/USD

    Forecast update for Ethereum -24-08-2026

    Economies.com
    2026-08-24 11:08 UTC

    Ethereum (ETHUSD) remains higher during its latest intraday trading, preparing to challenge the key resistance level at $2,500, which was the latest price target in our previous analysis. This comes amid continued positive pressure from trading above EMA50, reinforcing the stability and dominance of the short-term bullish trend.

    On the other hand, negative signals are beginning to emerge from the relative strength indicators, which could hinder the price’s attempts to advance in the near term.

    Forecast update for Brent -24-08-2026

    Economies.com
    2026-08-24 11:04 UTC

    Brent crude oil remains under negative pressure during its latest intraday trading, following the price’s inability to break through the key resistance level at $93.00. The price is attempting to gain positive momentum that could help it breach this resistance, particularly as the relative strength indicators have reached excessively oversold levels compared with the price movement. This provides a strong signal that fresh positive momentum is entering the market, increasing the chances of a near-term recovery.

    Forecast update for Bitcoin -24-08-2026

    Economies.com
    2026-08-24 11:02 UTC

    Bitcoin rose during its latest intraday trading, with the main short-term bullish trend remaining dominant. The positive pressure resulting from trading above EMA50 also continues, reinforcing the chances of targeting new resistance levels in the near term.

    Forecast update for crude oil – 24-08-2026

    Economies.com
    2026-08-24 10:58 UTC

    Crude Oil declined during its latest intraday trading, as the price attempts to find a rising low that could serve as a base and help it gain positive momentum, supporting a potential recovery and renewed rise. This comes amid continued positive support from trading above EMA50, which represents a dynamic support base that strengthens the chances of a near-term recovery, supported by the emergence of a positive crossover in the relative strength indicators after they reached extremely oversold levels, with the dominance of the main short-term bullish trend.

    Source: www.economies.com

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    2408 Ethereum Forecast update
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