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–
$XNY Current price: $0.005431
Direction: Bearish
Reasons:
1. Main funds are suspected to be withdrawing, the contract market lacks sustained support, and the 24H +43.75% is a high-level profit-taking aftermath, with downside risks being released in concentration.
2. 1-hour MACD (9,26) shows a deep bearish crossover, bearish momentum bars continue to expand, and the weak trend below the zero axis is obvious.
3. RSI(14) is at 38, in a neutral-to-bearish range, with a clear downward turn, bull support is exhausted, and there is no rebound momentum.
4. There is a severe divergence between price and capital flow (high price increase without capital follow-up), trading volume is gradually shrinking, confirming the sustainability of the high-level pullback trend.
Support levels:
1. $0.0048 (recent pullback low)
2. $0.0042 (Fibonacci 0.618 support)
Resistance levels:
1. $0.0060 (24H high)
2. $0.0065 (recent range resistance)
Take profit suggestion: $0.0048, Stop loss: $0.0060