December ETH Price Prediction · Posting Challenge 📈
With rate-cut expectations heating up in December, ETH sentiment turns bullish again.
We’re opening a prediction challenge — Spot the trend · Call the market · Win rewards 💰
Reward 🎁:
From all correct predictions, 5 winners will be randomly selected — 10 USDT each
Deadline 📅: December 11, 12:00 (UTC+8)
How to join ✍️:
Post your ETH price prediction on Gate Square, clearly stating a price range
(e.g. $3,200–$3,400, range must be < $200) and include the hashtag #ETHDecPrediction
Post Examples 👇
Example ①: #ETHDecPrediction Range: $3,150–
The MACD for Ether on the daily chart has formed a golden cross pattern, and the red bars continue to expand. However, the DIF is still below the zero axis, indicating that while the long positions momentum is strengthening, it has not yet fully taken control. Meanwhile, the MACD on the hourly chart is flattening at a high level, and the short-term rising momentum has somewhat slowed.
In terms of the moving average system, the daily chart price has successfully stabilized above EMA7, but is under pressure from EMA30; the hourly chart moving averages show a long positions arrangement, indicating that the short-term trend is relatively strong.
Overall, the market is currently consolidating below a key resistance level. If the rebound strength weakens and fails to stabilize effectively, it is expected that some of the previous gains may be partially retraced, and prices may decline again. Investors need to prepare for risk management in advance.
Ether suggests consolidating in the 3020-3050 range, with targets around 2950-2900-2850.