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Ethereum (ETH) Price Prediction for December 12
As of the current market situation, it is crucial to keep in mind that the main altcoin is going up on a daily time frame. It’s essential for traders to focus on the nearest vital zone of $4,000 at this moment.
On the daily chart, there are signs that might lead to a breakout above the critical resistance level. If this happens, it could result in a test of the next level of resistance around $4,087 soon.
Furthermore, a bullish pattern is visible on the weekly chart, indicating that the accumulated energy may be sufficient enough to fuel a blast towards the $4,400 zone if the candle closes around the $4,093 level.
Source: u.today
