Categories: Technical analysis

Ethereum Wave Analysis – 15 August 2025

Ethereum: ⬇️ Sell

– Ethereum reversed from the long-term resistance level 4755.

– Likely to fall to support level 4115.00

Ethereum cryptocurrency recently reversed from the major long-term resistance level 4755.00 (which stopped the earlier sharp weekly uptrend at the end of 2021).

The downward reversal from the resistance level 4755.00 stopped the previous sharp weekly upward impulse sequence 1 from the start of this year.

Given the strength of the resistance level 4755.00 and the still overbought weekly Stochastic, Ethereum cryptocurrency can be expected to fall to the next support level 4115.00 (former yearly top from 2024).

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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The FxPro Tech Analysis Team
Tags: Ethereum

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