ETH Technical Analysis Report 15 September, 2025
Given the strength of the resistance level 4750.00 and the widespread bearish sentiment viewn across the cryptocurrency markets today, ETH cryptocurrency can be expected to fall to the next support level 4250.00 (which stopped the previous waves A, (4) and 2).
- ETH reversed from resistance zone
- Likely to fall to support level 4250.00
ETH cryptocurrency earlier reversed down from the resistance zone between the pivotal resistance level 4750.00 (which has been reversing the price from the begin of August, as can be viewn from the daily ETH chart below) and the upper daily Bollinger Band. The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern Shooting Star, which stopped the earlier minor impulse wave 3 of the intermediate impulse wave (5) from the begin of September.
Given the strength of the resistance level 4750.00 and the widespread bearish sentiment viewn across the cryptocurrency markets today, ETH cryptocurrency can be expected to fall to the next support level 4250.00 (which stopped the previous waves A, (4) and 2).
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