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The (ETHUSD) is attempting to recover some of its losses-Analysis- 04-08-2025
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The (ETHUSD) is attempting to recover some of its losses-Analysis- 04-08-2025
Aug 3, 2025 10:56 PM

The (ETHUSD) price continued its last intraday trading, in attempt to recover some of its previous losses, amid the dominance of the bearish correctional trend on the short-term basis and its affection by breaking a bullish trend line, with the continuation of the negative pressure that comes from its trading below EMA50, besides the (RSI) reach to the overbought levels, which suggest forming negative divergence, especially with the emergence of negative overlapping signals.

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