Potential ETH Prices in December the Lowest 98$ and the Highest 222$

[AakZaki]

AIM:
I made this Technical Analysis NOT for a Buy / Sell Signal because honestly I don't want to bear your risk, it's just that I made this. Maybe it could be a discussion or reference for us all when determining the best price.

after I draw the Fibonation line it looks like the TA below:

Potential ETH Prices for December

Key Point:159$

• Resistance 3: 222$

• Resistance 2: 198$

• Resistance 1: 183$

• Key Point: 159$

• Support 1: 135$

• Support 2: 120$

• Support 3: 96$

CONCLUSION:
If ETH/USD trades above the key point then the highest potential ETH price in December is only 222$
If ETH/USD trades below the key point then the lowest potential ETH price in December is only 96$

Does anyone have the same analysis?

(Do With Your Own Risk)

[1715482561]

1715482561

[o48o]

Does anyone have the same analysis?

Well i do now... bottom price feels intuitively right. I noticed that you haven't shared this in your tradingview, could you please do that so i could follow this, or do i have to make my own chart for personal use?

[beerlover]

If I were the OP and I would have done these researches on ethereum's short term trends, I would have set the subject-line like lowest $135 and peak would be $183 by considering the current market price of $144. I mean I will try to be realistic at least with one prices level . I liked your continuous technical analysis across cryptos. I am just mentioning about rather than trying to cover the maximum fluctuations, I guess it would be good to be trying somewhat realistic.

You are indicating about possible fluctuations from support-3 to resistance-3, but in my observation most cryptos may fall or rise up in one direction in short time span like 30 days. For example, if ethereum finds its rising in December means it may test support-1 and also may test resistance-3. If it is set to hard time in December then may test support-3. Anything possible with cryptos and due to this reason, most researchers are providing report with maximum ranges.

[AakZaki]

Well i do now... bottom price feels intuitively right. I noticed that you haven't shared this in your tradingview, could you please do that so i could follow this, or do i have to make my own chart for personal use?

Oh, yes.  I really haven't shared it in Tradingview, because I think sharing a TA here would be more useful, and if there were professional analysis here I'd be more happy to see it.  because what I need is a useful discussion here.  and if you want to share the results of your analysis here please I will be happy for that.

[btc-facebook]

mostly the same as the analysis that I made, but if the analysis that I made, the crucial point of ETH is in the area of 120 USD,
if the ETH does not experience a reflection in that area, then the ETH will fall even deeper,
a good area to buy ETH is an area of 135 USD and an area of 120 USD,
but my advice is to buy at the price difference, don't fulfill it,
such as the area of 136 USD and 121 USD.

[OrangeII]

if the price of ethereum drops to $ 90 isn't the price the same as at the end of 2018?  Yeah, but I'm pretty sure that the potential price of ethereum can exceed $ 150 at the end of this year.  although this is only a matter of speculation, I don't think that people will sell the ethereum they have when ethereum will develop ethereum 2.0 in early 2020.

[leea-1334]

So at this price range, we are closer to the lowest price than we are to the highest? This to me seems simple: buy. I would actually even buy all the way up to 60% in the line difference, but then I am actually using December to get more Monero and LTC. MY ETH is already big enough, I am waiting for it to drop below $140 again,,, if not even to $120 before I consider adding a bit more.

[Bitze]

(Do With Your Own Risk)

Too bad I thought you could call us fixed numbers so we know what to do next.
fun aside. i like to predict so well-founded but someone has to be clear that there is no guarantee.
so be careful people.

[ecnalubma]

The word "potential" still stands for uncertainty or just prediction . For a person like me who is not fond of reading indicators my best method so far is instinct. Analyzing market movements is really an headache, somehow it involves big risks but big gains.

[YinShuiSiYuan]

My analysis are based on market sentiment and what is happening around it. In my opinion, in December no one will rounding with finger over the buy button. There may be two scenarios: Either nothing will happen to price, or your red prediction will come true.

[SvonioneFromMangoCoinz]

In addition to the analytical factor from TA, we also have good news such as Ethereum 2.0 and a more important event is Bitcoin Halving. These events seem to help investors stay with the coins and they don't want to sell them off. That is why when ETH reached the support of $ 135 - $ 140, then rebounded high. We can count on support levels 1 and 2.

[YinShuiSiYuan]

In addition to the analytical factor from TA, we also have good news such as Ethereum 2.0 and a more important event is Bitcoin Halving. These events seem to help investors stay with the coins and they don't want to sell them off. That is why when ETH reached the support of $ 135 - $ 140, then rebounded high. We can count on support levels 1 and 2.

Halving is a distant future in the world of cryptocurrency. Ethereum fork has been postponed several times, so investors are very skeptical. Currently, in December, the market is stagnating and in my opinion is very sensitive to manipulation. So either nothing will happen or the whales will want to lower the price.

[Spaffin]

In addition to the analytical factor from TA, we also have good news such as Ethereum 2.0 and a more important event is Bitcoin Halving. These events seem to help investors stay with the coins and they don't want to sell them off. That is why when ETH reached the support of $ 135 - $ 140, then rebounded high. We can count on support levels 1 and 2.

I believe that the ethereum positions are still quite strong, because despite the desire of certain groups of cryptocurrency owners to lower the price of ethereum by putting coins for sale, most ethereum users refrain from selling this coin.  It makes no sense to sell today, that "tomorrow" will bring profit.  If Ethereum could drop below $ 100, then this would already happen.  But if such a fall did not happen, then this means that Ethereum has already found a solid bottom of the market, after which we can only expect a positive growth trend.

[Naficopa]

I think that the probability that the upcoming fork will succeed is much higher than before, so it is very likely that the investors will start preparing for the ETH price increases after a successful fork. I think December is the best time to go shopping, so it's possible that the price will start strengthening by the end of the year. I predict a positive scenario for the ETH price for December.

[AakZaki]

The word "potential" still stands for uncertainty or just prediction . For a person like me who is not fond of reading indicators my best method so far is instinct. Analyzing market movements is really an headache, somehow it involves big risks but big gains.

because in my opinion the word "potential" is the right word as a consideration for determining prices, in this discussion I set a point of resistance and support, so in the sense that I am not guessing the price, basically the price on crypto is very volatile.  because I think all traders are reading the point of Resistance and support for consideration of choosing the best price before making a buy/sell.

[wajik-tempe]

The word "potential" still stands for uncertainty or just prediction . For a person like me who is not fond of reading indicators my best method so far is instinct. Analyzing market movements is really an headache, somehow it involves big risks but big gains.

because in my opinion the word "potential" is the right word as a consideration for determining prices, in this discussion I set a point of resistance and support, so in the sense that I am not guessing the price, basically the price on crypto is very volatile.  because I think all traders are reading the point of Resistance and support for consideration of choosing the best price before making a buy/sell.

Yeah determining price where we gonna buy and where we gonna sell is the core formula of cryptocurrency trading, if we don't do that we will stuck in a loss or will get FOMO by the whales trap. So i think it's great to buy gradually with the support levels, and don't afraid to cutloss if the price breaks the support because there are still many opportunity to get with other coins

[Furious 7]

I think that the probability that the upcoming fork will succeed is much higher than before, so it is very likely that the investors will start preparing for the ETH price increases after a successful fork. I think December is the best time to go shopping, so it's possible that the price will start strengthening by the end of the year. I predict a positive scenario for the ETH price for December.

Hardfork cannot be determined because it is often delayed in the next few months making investors prefer other coins before Ethereum, I see ETH movement is very slow on the exchange and this has not shown the best results, and I think if Hardfork has been in specify and will not be delayed again maybe 2 months before it will increase sharply because investors are always hunting like that.

[Shasha80]

Not much different from the analysis I have done, it is true with current market conditions ethereum prices will range from $ 90 to $ 200.
But these are only predictions that might be inaccurate, but we have a picture for this month if you want to buy ethereum can be based
on the price of the analysis. I hope that ethereum holders can realize this month there is a possibility that ethereum will touch the price
of support below $ 100. So if it happens, there's no need to panic. Just hold the ethereum that you already have, wait until the price can
rise above $ 200.

[adroitful_one]

While I don't think it's going to happen, if I see Ethereum at below $100 this year, I'm going to buy as much of it as I possibly can. That's where the price was last year around this time and you can see it's rebounded quite a bit for a decent profit this year. You could have tripled your money if you bought it at sub $100 and sold back in June of this year. I think it's going to hang around where it's at and then continue to trend upward throughout next year.

[killerfrost]

While I don't think it's going to happen, if I see Ethereum at below $100 this year, I'm going to buy as much of it as I possibly can. That's where the price was last year around this time and you can see it's rebounded quite a bit for a decent profit this year. You could have tripled your money if you bought it at sub $100 and sold back in June of this year. I think it's going to hang around where it's at and then continue to trend upward throughout next year.

It is very difficult for ETH to go below $ 100 in 2019. The price of ETH is being supported at $ 140 and it is difficult for it to go lower, I have purchased ETH at $ 128 but if the price is ETH is lower in 2020, I will continue to buy it