Technical analysis by FP Markets about Symbol ETH: Buy recommendation (8/13/2025)

The ETH/USD pair has experienced solid gains over the past few days, breaking through several resistance levels and adding 14.0% so far this week! Having noted that price took out the 1M resistance at US$4,299 and US$4,564, there is very little technical ceiling in this market right now, and the next upside hurdle can be found at all-time highs of US$4,863. Given that today’s price action retested US$4,564, potentially forming support, this could provide enough technical fuel for buyers to pyramid their positions and target US$4,863. Written by the FP Markets Research Team