📈 Ethereum (ETH) Weekly Forecast (December 8–14, 2024)
Ethereum continues to attract the attention of traders and investors with its resilience and growth potential. This week, the ETH market shows signs of consolidation, awaiting new triggers for movement.
🔍 Current Situation:
Current ETH price at the time of analysis: $3,967.
Support: $3,950 – the level at which buyer activation is expected.
Resistance: $4,168 – the profit-taking zone and potential correction.
📌 Forecast:
1. Bullish Scenario: If the price breaks the $4,050 level, it could reach $4,200 if trading volume support is maintained.
2. Bearish Scenario: If it falls below $3,950, a drop to $3,800 is possible, which would open the opportunity for market reloading.
📉 Risks:
Increased volatility amid macroeconomic news.
Pressure from regulators.
💡 Conclusion: This week, Ethereum has a good chance of growth if the market receives positive impulses. Keep an eye on key levels to make an informed trading decision.
Do you think ETH will break the resistance or correct downward? Share your predictions in the comments! ⬇️
#Ethereum #ETH #Cryptocurrency #Analysis #Trading #Binance