Categories: Technical analysis

Ethereum Wave Analysis – 9 December 2025

Ethereum: ⬆️ Buy

– Ethereum broke daily down channel

– Likely to rise to resistance level 3600.00

Ethereum cryptocurrency recently broke the resistance zone between the resistance level 3200.00 (which stopped the previous impulse wave 1) and the resistance trendline of the daily down channel from October.

The breakout of this resistance zone accelerated the active impulse wave 3 of the sharp intermediate impulse wave (C) from November.

Given the bullish sentiment seen across the crypto markets today, Ethereum cryptocurrency can be expected to rise to the next resistance level 3600.00.

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.

Share
Published by
The FxPro Tech Analysis Team
Tags: Ethereum

Recent Posts

Bitcoin. Current situation #tradelikeapro #trading #cryptocurrency #bitcoin #tradingshorts

Today is January 2nd, and this is a Bitcoin market review for FX Pro. #tradelikeapro…

12 hours ago

EURJPY Wave Analysis – 31 December 2025

EURJPY: ⬆️ Buy - EURJPY reversed from support area - Likely to rise to resistance…

2 days ago

Binance Coin Wave Analysis – 31 December 2025

Binance Coin: ⬆️ Buy - Binance Coin broke Descending Triangle - Likely to rise to…

2 days ago

Uniswap Wave Analysis – 31 December 2025

Uniswap: ⬇️ Sell - Uniswap reversed from resistance area - Likely to fall to support…

2 days ago

S&P 500 Wave Analysis – 31 December 2025

S&P 500: ⬇️ Sell - S&P 500 reversed from strong resistance level 6935.00 - Likely…

2 days ago

The dollar may defy expectations

•  The return of American exceptionalism will help the greenback. •  The yen will start…

3 days ago

This website uses cookies