Categories: Technical analysis

Ethereum Wave Analysis – 24 October 2025

Ethereum: ⬆️ Buy

– Ethereum reversed from support zone

– Likely to rise to resistance level 4095,00

Ethereum cryptocurrency recently reversed up from the support zone between the strong support level 3745.00 (which reversed the price multiple times this month) and the 38.2% Fibonacci correction of the upward impulse from June.

The upward reversal form this support zone is likely to form the daily Japanese candlesticks reversal pattern Morning Star – strong buy signal for Ethereum.

Given the clear daily uptrend, Ethereum cryptocurrency can be expected rise fall to the next resistance level 4095,00 (which stopped the previous correction ii).

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

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