Ethereum (ETH) Price Prediction for December 21

December 21, 2024

Original U.Today article

Sat, 21/12/2024 – 12:52

Ethereum (ETH) Price Prediction for December 21

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Buyers are trying to restore the lost initiative, according to CoinMarketCap.

ETH/USD

The rate of Ethereum (ETH) has dropped by 6.58% over the last 24 hours.

On the hourly chart, the price of ETH is approaching the local support of $3,393. If a breakout happens, the correction may continue to the $3,300 range shortly.

On the bigger time frame, bulls have failed to keep yesterday’s growth. If today’s bar closes around the current prices or below, there is a chance of a test of the support level of $3,252 by the end of the week.