The (ETHUSD) price rose in its last trading on the intraday basis, after its leaning on the support level of $4,275, gaining some bullish momentum that helped it to achieve these gains, this support was our suggested target in our previous analysis, to attempt to recover some of the previous losses, attempting to offload some of its clear oversold conditions on the relative strength indicators, especially with the emergence of the positive signals from there, amid the dominance of bearish corrective wave on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of the price recovery on the near-term basis.

 

 

 

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