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–
$XRP Token Market Update
The token has shown a steady rebound after tapping the 1.98 zone, pushing back toward the 2.08+ level. Short-term momentum indicators are finally turning positive, and buyers seem to be taking control again.
Using multiple timeframes, the structure looks like this:
1-Hour View:
Price is climbing above short EMAs, showing early recovery signs. Momentum is shifting upward, and volatility is expanding again after a period of compression.
4-Hour View:
Still in a broader correction, but the market is attempting to build a higher low. A breakout above the recent 2.11 resistance could open the door to another upward wave.
Prediction (Personal Opinion Only):
If the current trend holds, price has room to aim for a revisit toward the 2.12–2.15 zone. Failure to hold support around the 2.03–2.00 range may slow momentum.
Refined Look Using Different Methods:
Price Trend: Shows a slow but steady upward recovery.
Moving Averages: Short-term averages are turning upward, hinting at a possible continuation if volume supports it.
This is just a market observation, not financial advice.