The price of (ETHUSD) begins to decline again on its last intraday levels, after offloading some of its previous losses, and it succeeded in offloading its oversold conditions on the relative strength indicators, to reach exaggerated overbought levels, indicating losing the bullish momentum, amid the continuation of the negative pressure that comes from its trading below EMA50, which reduces the chances of the recovery on the short-term basis, with its trading alongside minor bearish trendline on the short-term basis.

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