financetom
Technology
financetom
/
Technology
/
Forecast update for Ethereum -12-08-2026
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Forecast update for Ethereum -12-08-2026
Aug 12, 2026 6:47 AM

(ETHUSD) kept rising during its recent intraday trading, surpassing EMA50s resistance, and getting rid of its negative pressure and turns the main bullish trend back, to ease the way for achieving more gains in the upcoming period, especially with the emergence of the positive signals from the relative strength indicators, and the indicators have reached exaggerated overbought levels compared to the price action, which may slow the pace of the upside movement.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cisco shows quantum networking chip, opens new lab 
Cisco shows quantum networking chip, opens new lab 
May 26, 2025
SAN FRANCISCO, May 6 (Reuters) - Cisco Systems ( CSCO ) on Tuesday showed a prototype chip for networking quantum computers together and said it is opening a new lab in Santa Monica, California, to further pursue quantum computing. The chip uses some of the same technology as current networking chips and would help link together smaller quantum computers into...
Microsoft launches lower-priced AI laptops with Qualcomm chips
Microsoft launches lower-priced AI laptops with Qualcomm chips
May 26, 2025
SAN FRANCISCO (Reuters) -Microsoft ( MSFT ) on Tuesday said it will release a new laptop and tablet with chips from Qualcomm ( QCOM ) at lower prices than before, aiming to get new AI features to a broader set of customers. The newest Surface 13-inch laptop and Surface Pro 12-inch tablet will go on sale on May 20, with...
Cisco shows quantum networking chip, opens new lab 
Cisco shows quantum networking chip, opens new lab 
May 26, 2025
SAN FRANCISCO (Reuters) -Cisco Systems ( CSCO ) on Tuesday showed a prototype chip for networking quantum computers together and said it is opening a new lab in Santa Monica, California, to further pursue quantum computing. The chip uses some of the same technology as current networking chips and would help link together smaller quantum computers into larger systems. But...
Microsoft launches lower-priced AI laptops with Qualcomm chips
Microsoft launches lower-priced AI laptops with Qualcomm chips
May 26, 2025
SAN FRANCISCO, May 6 (Reuters) - Microsoft ( MSFT ) on Tuesday said it will release a new laptop and tablet with chips from Qualcomm ( QCOM ) at lower prices than before, aiming to get new AI features to a broader set of customers. The newest Surface 13-inch laptop and Surface Pro 12-inch tablet will go on sale on...
Copyright 2023-2026 - www.financetom.com All Rights Reserved