In this video you will find Ethereum Price Prediction and ETH Technical Analysis in the Daily and Intraday charts for 16 December 2022. Ethereum is following Bitcoin, and influenced by Ethereum Bitcoin chart. It is still trading in a narrow daily range of $1,211-$1,305, highlighted months ago. Ethereum declined due to bearish pressure in Bitcoin and bearish ETHUSD chart. It is testing $1,211, which is the bottom of this range. Below $1,211 we will see $1,010. This is a very likely option, especially if Bitcoin Dominance will start pushing up. A bullish Bitcoin Dominance will make Ethereum Bitcoin chart more bearish. And, ETHBTC chart has room to decline more. A combination of bearish Bitcoin and bearish Ethereum Bitcoin chart will make Ethereum very bearish. Above $1,305, ETHUSD will move to the area of $1,455-$1,500. Ethereum is bullish only above $1,500. In the intraday chart, as forecasted, Ethereum moved into the area of $1,316-$1,349, and declined sharply from this area. It is trading below $1,262, which is the bearish territory for Ethereum. It is testing $1,208 support in the intraday chart. $1,175 -$1208 is the zone that I am very interested in from price action point of view. A dip and a strong rejection of this zone could push Ethereum back towards $1,262. A dip and a consolidation in this zone will result in more downside $1,087 $1,121. If you like the content, hit the like button, subscribe to my channel. Also comment below what cryptocurrencies you would like me to analyze. #ethereum #ethusd #ethusdt #eth #ethbtc #ether #ethereumpriceprediction #crypto #cryptocurrency #cryptonews #ethprice #ethanalysis #ethereumblockchain #ethpriceanalysis #ethpriceprediction #ethereumprice #etherprice #ethereumnewstoday #ethereumnews #marketanalysis #technicalanalysisMás Información