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–
From the 1-hour ETH indicators, the Bollinger Bands are opening and closing within the range of 3225-3010. The middle band is trending upward, corresponding to a price of 3117, and ETH’s corresponding price is 3210.
Moving averages:
MA5 is trending upward, corresponding to a price of 3197.
MA10 is trending upward, corresponding to a price of 3166.
30-day moving average is trending upward, corresponding to a price of 3087.
60-day moving average is trending upward, corresponding to a price of 2960.
120-day moving average is trending downward, corresponding to a price of 2952.
240-day moving average is trending upward, corresponding to a price of 2964.
360-day moving average is flat, corresponding to a price of 2927.
MACD: Above the 0 axis. The slow line is below the fast line, golden cross moving upward.
RSI: 98-100. Entering the overbought stage.
Upper resistance levels: 3270, 3480.
Lower support levels: 2984, 2780.
ETH direction: Unilaterally rising along MA5 and MA10. Pullbacks have never broken below MA5.
Summary:
High short strategy: Open initial short at 3270, add at 3480.
Low long strategy: Open initial long at 2984, add at 2780.
First take profit for high short: 2984. Second: 2780.
First take profit for low long: 3270. Second: 3480.