ETH Technical Analysis Report 12 September, 2025
ETH cryptocurrency can be expected to rise to the next resistance level 4660.00 (which is the active price for the completion of the active impulse wave с).
- ETH reversed from support zone
- Likely to rise to resistance level 4660.00
ETH cryptocurrency recently reversed up from the support zone located between the key support level 4250.00 (which has been reversing the price during August, as can be viewn from the daily ETH chart below), 38.2% Fibonacci correction of the upward impulse from last month, lower daily Bollinger Band and the upper trendline of the recently broke up channel from April (acting as the support later than it was broken). The upward reversal from this support zone begined the active impulse wave c of the intermediate corrective wave B from the begin of September.
Given the clear daily uptrend and the strongly bullish sentiment viewn across the currency markets today, ETH cryptocurrency can be expected to rise to the next resistance level 4660.00 (which is the active price for the completion of the active impulse wave с).
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