Crypto Markets Mixed as Ethereum and Bitcoin Test Resistance

The price of Ethereum (ETHUSD) declined during recent intraday trading due to the stability of the key $2,800 resistance level and negative signals from relative strength indicators. However, the price is attempting to gain positive momentum that could help it recover and break above this resistance in the near term, finding support at a minor ascending trendline.

The price of Brent crude oil edged slightly higher during recent intraday trading amid fluctuating movements, supported by the stability of the key $95.00 support level. This provided the price with some positive momentum as it attempts to ease its oversold conditions in the relative strength indicators.

Meanwhile, the price of Bitcoin (BTCUSD) edged slightly lower after the strong $87,000 resistance level held firm amid negative signals from the relative strength indicators after reaching overbought levels. The price continues its attempts to gain positive momentum that could help it recover and break above this resistance.