$ 19,008.55
$ 1,044.78
$ 1.00
$ 0.446136
$ 0.31133
$ 1.00

Ethereum Price Prediction December 2021: Will ETH Reach $10,000 in December?

Ethereum Price Prediction December 2021: Will ETH Reach $10,000 in December?

ETH  Technical Analysis – December 2021

Monthly Analysis

In the first 10 days of November, ETH was bullish and increased by 17%. This led to a new all-time high of ETH at $4,891. After that, the price of ETH started declining, and it dropped by around 18%. The price found support at $3,960. After that, another price increase of 15% was noticed before the price had a bearish breakout of 14%. The price has started increasing once again, but the current trend is bearish for ETH.

Monthly analysis of Ethereum (ETH)
ETH/USDT 4-Hour Chart.

Weekly Analysis

In the last 7 days, ETH initially increased before it dipped by 14%. The price found support at $3,912, and it has started increasing once again. We could see ETH face resistance soon as the price approaches the upper line of the trend. 

Daily Analysis

In the intraday chart, the price of ETH has been highly volatile as its price initially declined before having another surge upward. The short-term trend is bullish as the new highs in the intraday chart are higher than the previous highs.

Key Structures


  • $3,962


  • $4,550


Moving Average

Due to the recent surge in the price of ETH, the 20-moving average in a 4-hour chart is now below the price, indicating that the trend is upward and that the price of ETH could keep increasing in the coming days.

The 9-EMA is also below the price due to the recent bullish movement of ETH, indicating that the price can increase in the short run and that the EMA line could act as support to the price.

Relative Strength Index

The RSI of a 4-hour chart is approaching 70, meaning that ETH might soon become overbought. This could see the price of ETH retrace a little before it continues to increase again in the coming days.


The MACD line of a 4-hour chart is above the signal line, indicating that the momentum is now bullish and that traders can move the price of ETH even higher in the short run.

Fear & Greed 

The fear and greed indicator of a 4-hour chart suggests that the current emotion of ETH traders is greed, meaning that buyers have taken over and that ETH could keep increasing.

Fear and greed for Ethereum (ETH)
Fear & Greed for ETH/USDT in a 4-Hour Chart.


The Fibonacci retracement levels suggest that the price of ETH could retrace to one of the levels in the coming days. The 61.8% level could prove to be a strong level of support as it also aligns with a previous support structure.

Fibonacci retracement levels for Ethereum (ETH)
Fibonacci Levels for ETH/USDT in a 4-Hour Chart.

Price Prediction ETH  – December 2021

Based on this technical analysis on Ethereum (ETH), we could see its price surpassing $4,600 in the coming hours. After that, a retracement could follow as ETH becomes overbought. Nonetheless, a bullish breakout breaks up the trend line and could reverse the trend for Ethereum. Its price could soon retest all-time high and aim even higher. If BTC continues its momentum, ETH could aim for $5,000 in the coming weeks. A price of $6,000 could be reached by the end of the month, while the target of $10,000 is attainable in the longer run.

Latest News for ETH  – Affecting Price

Recently, there has been an increase in DeFi usage in the Ethereum network. This has led to the recent price increase of ETH. As DeFi becomes more accessible, ETH could increase even more in the coming weeks.

Also read: Ethereum Price Prediction 2021 and Beyond – Can ETH Reach $20,000 in 2021?

Also read:

Related News

Will KuCoin Token Reach $100 in 2022 – KuCoin Price Forecast

KuCoin is a popular cryptocurrency exchange because of its cheap fees and extensive range of features. The platform allows you to trade in futures and margin products, using a vast variety of tokens to pick from. The crypto exchange also has a native coin KuCoin Token (KCS). KuCoin’s numerous features, low costs, and wide range of cryptocurrencies make it a great choice for experienced cryptocurrency traders. But what about its

Read More »
Ethereum Price Prediction May 2022: Will ETH Reach $5,000 in May?

Ethereum Price Prediction May 2022: Will ETH Reach $5,000 in May?

ETH Technical Analysis – May 2022 Ever since hitting an all-time high in November of 2021 at around $4,800, the price of Ethereum (ETH) has been in a downtrend. Initially, the price declined by around 26%, and ETH ended the year at $3,500. That bearish momentum continued in January as well, where ETH declined by almost 45% in January alone. However, ETH managed to find support at $2,160, which then

Read More »
Bitcoin Price Prediction May 2022: Will BTC Reach $100,000 in May?

Bitcoin Price Prediction May 2022: Will BTC Reach $100,000 in May?

BTC Technical Analysis – May 2022 Ever since Bitcoin (BTC) reached its all-time high in November of 2021 at around $69,000, the price has been in a downtrend. The price initially declined by more than 30%. BTC ended the year at around $50,000.  In 2022, BTC maintained that similar approach, where the price declined by an additional 35% in the first few weeks of the year. After finding support at

Read More »

My Coins

$ 19,008.551.36%
$ 1,044.780.73%
$ 0.4461361.16%
$ 1.000.04%

Newest Videos on YouTube

We inform and educate people about Cryptocurrencies and Blockchain technology.

© Copyright 2021, All Rights Reserved,
Crypto Academy


Contact Us

For any question conatct us through:

Disclaimer: All information and materials on this website are for educational purposes only. does not provide any form of financial advice. Cryptocurrencies are highly volatile, therefore any form of investing carries a high level of risk to your capital. It is recommended that you seek professional advice prior to implementing any investment or financial plan.

We do not ask you for your Cryptocurrency / We do not hold your Coins / We do not ask for Private Keys / Be aware of scammers and imposters.

Contact us only through: