Ethereum

bullish

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The market is turning back to red, according to <a href="https://u.today/xrp-price-prediction-for-december-12" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img src="https://u.today/sites/default/files/inline-images/top10_1527.png" data-entity-uuid="38a56cde-521d-4666-b25b-79cce7259e51" data-entity-type="file" data-caption="Top coins by<a href=&quot;https://coinmarketcap.com/&quot;> CoinMarketCap</a>">
<h2 class="text-align-justify" id="eth-usd">ETH/USD</h2>
The rate of Ethereum (ETH) has fallen by 0.41% over the last 24 hours. <img src="https://u.today/sites/default/files/inline-images/eth1_143.png" data-entity-uuid="0e4290c6-141a-4b91-b6c2-1cec53d6dec1" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/ETHUSDT&quot;>TradingView</a>">
On the hourly chart, the price of ETH is rising after a false breakout of the local support of $3,874. If the daily bar closes near the resistance, one can expect ongoing growth to the $3,980-$4,000 area over the weekend. <img src="https://u.today/sites/default/files/inline-images/eth2_150.png" data-entity-uuid="3d686370-6a40-4e52-bfea-87b9a2d6a232" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/ETHUSDT&quot;>TradingView</a>">
On the daily time frame, the rate of the main altcoin is going up. At the moment, one should pay attention to the nearest vital zone of $4,000.
If its breakout happens, traders may witness a test of the resistance of $4,087 soon. <img src="https://u.today/sites/default/files/inline-images/eth3_139.png" data-entity-uuid="d4452e25-b91b-43b6-b3a9-7b9ceab8d1ea" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/ETHUSDT&quot;>TradingView</a>">
A bullish picture can be seen on the weekly chart. If the candle closes around the $4,093 level, the accumulated energy might be enough for a blast to the $4,400 zone.
Ethereum is trading at $3,944 at press time. <a href="https://u.today/ethereum-eth-price-prediction-for-december-13" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Ethereum (ETH) Price Prediction for December 13

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