TL;DR
- ETH‘s trying for the seventh time to break through its ceiling. How many more tries until it succeeds? 🤔
- The 10/20 simple moving averages just did a little waltz, historically predicting gains of up to 60%. 🕺💃
- If ETH clears $4,780, we’re off to the races. Below $4,200? It’s ‘meh’ territory. 😬
Ethereum’s Stubborn Resistance: A Saga of Pain and Hope
Ah, Ethereum. Once again, it is locked in an eternal dance with a mighty resistance zone between $3,750 and $4,950. This same level has been a cruel lover, rejecting ETH time and time again since 2021. A recent chart from Merlijn The Trader shows a heartbreaking seven attempts at escape-each time ETH tried to break free, it got shoved back down like a child trying to climb a tree, but failing miserably.
Yet, there is hope. This time, Ethereum is hitting the ceiling with momentum. The price is climbing, the tension is palpable. When an asset keeps banging its head against the same level, something’s brewing under the surface-could it be a flood of buying pressure ready to explode? Merlijn boldly proclaimed,
$ETH is pressing against its final ceiling.
One clean breakout… and it’s open skies.
Price discovery to $10K+ is on the table.
The rally won’t just be explosive. It will be historic. 🚀
– Merlijn The Trader (@MerlijnTrader) September 15, 2025
And Merlijn isn’t just talking about a modest jump-he’s envisioning a journey to $10K. Could this be the moment?
Moving Averages: The Little Saviors We Didn’t Know We Needed
In the world of trading, a crossover is like an unexpected plot twist in a soap opera. Trader Tardigrade, never one to miss the action, spotted a bullish crossover between the 10-day and 20-day simple moving averages. If history is any guide, this could mean huge gains-24%, 60%, maybe even more.
$ETH/daily#Ethereum shows a bullish crossover on the 10 and 20 SMA.
Previously, such a crossover led to $ETH appreciating by +60% and +24%. 🤯
– Trader Tardigrade (@TATrader_Alan) September 16, 2025
It’s as though the market’s whispering, “Buy now, the good times are coming.” At least, that’s what the crossover suggests-if ETH holds above both of these averages, things could get spicy. 🍜
But wait-MisterSpread, the ever-pessimistic realist, has laid out a roadmap. If ETH clears $4,780, we’re on track for a blissful rally. But, if it dips below $4,200, well, it’s back to neutral. Don’t shoot the messenger, but… things could get ugly. MisterSpread cautioned,
“This might be the next higher low… but we need to stay above $4,200.”
The Current State of the ETH Union: Drama, Suspense, and Hope
At the time of writing, Ethereum’s price is flirting with $4,500, with a daily volume of $25.25 billion. Not bad, but it’s not setting the world on fire either. Ethereum is down a bit on the day, but hey, it’s up 3% over the past week-let’s call that ‘meh, but optimistic.’
As CryptoPotato reported, the market’s in suspense. Binance trading volume is steady, and the market’s just waiting for that breakout moment. Will ETH finally break through its eternal ceiling? Or will we just repeat the same sad song for another year? Only time will tell. ⏳
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2025-09-16 17:53