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–
#美联储降息预测 ETH 1-hour indicators show the Bollinger Bands opening up with a range of 3163-3092. The middle band is trending upward with a corresponding price of 3127, and ETH's corresponding price is 3104.
Moving averages:
ma5 has crossed below ma10, currently at 3116.
ma10 is rising, corresponding price 3118.
30-day MA is declining, corresponding price 3115.
60-day MA is rising, corresponding price 3082.
120-day MA is declining, corresponding price 3095.
240-day MA is rising, corresponding price 3028.
360-day MA is flat, corresponding price 3008.
MACD: Above the zero line. The slow line is above the fast line, forming a bearish crossover and trending downward.
RSI: 27-22. Entering the oversold stage, both lines still trending downward.
Resistance levels above: 3133, 3163.
Support levels below: 3091, 3040.
ETH trend: Currently in a pullback phase, watching to see if it can break through the short-term resistance of the ma30. On the 4-hour chart, it just touched the short-term support of the ma30 and pulled back.
Summary:
High short strategy: Open initial short at 3133, add at 3163.
Low long strategy: Open initial long at 3091, add at 3040.
First take profit for high short: 3091; second: 3040.
First take profit for low long: 3133; second: 3163.