The price of (ETHUSD) declined in its last intraday trading, with the emergence of negative signals on the relative strength indicators, after forming negative divergence after reaching overbought levels, exaggeratedly compared to the price move, intensifying the negative pressure on the pressure, especially with the continuation of the negative pressure due to its stability below EMA50, which reduces the chances of the prices recovery on the near-term basis, amid the dominance of steep bearish wave on the short-term basis.

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