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Ethereum (ETH) Price Analysis for December 3

Altszn.com by Altszn.com
December 4, 2022
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Ethereum (ETH) Price Analysis for December 3
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The cryptocurrency market is currently neutral as neither buyers nor sellers are controlling the situation.

Top 10 coins by CoinMarketCap

ETH/USD

Ethereum (ETH) is looking worse than Bitcoin (BTC), going down by 0.35% since yesterday.

ETH/USD chart by TradingView

After the false breakout of the local support level at $1,267, the price of Ethereum (ETH) remains weak, which means that there is a high chance to see a retest.

If that happens, the fall may continue to the $1,250 zone.

ETH/USD chart by TradingView

The situation is similar on the daily chart, as Ethereum (ETH) is about to close below yesterday’s low at $1,264. In this regard, there is a high probability to see a decline to the closest support at $1,233. Such a scenario is relevant until the end of the upcoming week.

ETH/USD chart by TradingView

The weekly time frame gives traders hope for midterm growth. It can only occur if the bar closes near the $1,290 mark or above. All in all, the strength might be enough for a price blast to the $1,350-$1,400 area. Thus, the selling volume is low, confirming bears’ weakness.

Ethereum is trading at $1,271 at press time.



Read More: news.google.com

Tags: AnalysisDecemberETHEthereumPrice
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    • bitcoinBitcoin (BTC) $ 104,345.00
    • ethereumEthereum (ETH) $ 2,549.54
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.40
    • bnbBNB (BNB) $ 660.64
    • solanaSolana (SOL) $ 175.39
    • usd-coinUSDC (USDC) $ 0.999936
    • dogecoinDogecoin (DOGE) $ 0.243089
    • cardanoCardano (ADA) $ 0.823999
    • tronTRON (TRX) $ 0.266550
    • staked-etherLido Staked Ether (STETH) $ 2,545.50
    • suiSui (SUI) $ 4.17
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 104,328.00
    • chainlinkChainlink (LINK) $ 17.46
    • pi-networkPi Network (PI) $ 1.57
    • avalanche-2Avalanche (AVAX) $ 25.94
    • wrapped-stethWrapped stETH (WSTETH) $ 3,069.68
    • shiba-inuShiba Inu (SHIB) $ 0.000017
    • stellarStellar (XLM) $ 0.312523
    • hedera-hashgraphHedera (HBAR) $ 0.213391
    • the-open-networkToncoin (TON) $ 3.48
    • hyperliquidHyperliquid (HYPE) $ 24.86
    • bitcoin-cashBitcoin Cash (BCH) $ 412.41
    • polkadotPolkadot (DOT) $ 5.25
    • litecoinLitecoin (LTC) $ 102.26
    • leo-tokenLEO Token (LEO) $ 8.34
    • usdsUSDS (USDS) $ 0.999990
    • wethWETH (WETH) $ 2,547.67
    • moneroMonero (XMR) $ 343.80
    • pepePepe (PEPE) $ 0.000015
    • wrapped-eethWrapped eETH (WEETH) $ 2,725.79
    • bitget-tokenBitget Token (BGB) $ 4.88
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999929
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 104,338.00
    • ethena-usdeEthena USDe (USDE) $ 1.00
    • whitebitWhiteBIT Coin (WBT) $ 30.29
    • uniswapUniswap (UNI) $ 7.11
    • bittensorBittensor (TAO) $ 470.47
    • nearNEAR Protocol (NEAR) $ 3.21
    • aptosAptos (APT) $ 6.03
    • daiDai (DAI) $ 0.999804
    • ondo-financeOndo (ONDO) $ 1.08
    • aaveAave (AAVE) $ 223.19
    • kaspaKaspa (KAS) $ 0.127056
    • okbOKB (OKB) $ 55.38
    • internet-computerInternet Computer (ICP) $ 5.89
    • ethereum-classicEthereum Classic (ETC) $ 20.31
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • crypto-com-chainCronos (CRO) $ 0.101181
    • vechainVeChain (VET) $ 0.032786
    • bitcoinBitcoin (BTC) $ 104,345.00
    • ethereumEthereum (ETH) $ 2,549.54
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.40
    • bnbBNB (BNB) $ 660.64
    • solanaSolana (SOL) $ 175.39
    • usd-coinUSDC (USDC) $ 0.999936
    • dogecoinDogecoin (DOGE) $ 0.243089
    • cardanoCardano (ADA) $ 0.823999
    • tronTRON (TRX) $ 0.266550
    • staked-etherLido Staked Ether (STETH) $ 2,545.50
    • suiSui (SUI) $ 4.17
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 104,328.00
    • chainlinkChainlink (LINK) $ 17.46
    • pi-networkPi Network (PI) $ 1.57
    • avalanche-2Avalanche (AVAX) $ 25.94
    • wrapped-stethWrapped stETH (WSTETH) $ 3,069.68
    • shiba-inuShiba Inu (SHIB) $ 0.000017
    • stellarStellar (XLM) $ 0.312523
    • hedera-hashgraphHedera (HBAR) $ 0.213391
    • the-open-networkToncoin (TON) $ 3.48
    • hyperliquidHyperliquid (HYPE) $ 24.86
    • bitcoin-cashBitcoin Cash (BCH) $ 412.41
    • polkadotPolkadot (DOT) $ 5.25
    • litecoinLitecoin (LTC) $ 102.26
    • leo-tokenLEO Token (LEO) $ 8.34
    • usdsUSDS (USDS) $ 0.999990
    • wethWETH (WETH) $ 2,547.67
    • moneroMonero (XMR) $ 343.80
    • pepePepe (PEPE) $ 0.000015
    • wrapped-eethWrapped eETH (WEETH) $ 2,725.79
    • bitget-tokenBitget Token (BGB) $ 4.88
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999929
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 104,338.00
    • ethena-usdeEthena USDe (USDE) $ 1.00
    • whitebitWhiteBIT Coin (WBT) $ 30.29
    • uniswapUniswap (UNI) $ 7.11
    • bittensorBittensor (TAO) $ 470.47
    • nearNEAR Protocol (NEAR) $ 3.21
    • aptosAptos (APT) $ 6.03
    • daiDai (DAI) $ 0.999804
    • ondo-financeOndo (ONDO) $ 1.08
    • aaveAave (AAVE) $ 223.19
    • kaspaKaspa (KAS) $ 0.127056
    • okbOKB (OKB) $ 55.38
    • internet-computerInternet Computer (ICP) $ 5.89
    • ethereum-classicEthereum Classic (ETC) $ 20.31
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • crypto-com-chainCronos (CRO) $ 0.101181
    • vechainVeChain (VET) $ 0.032786