Ethereum

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Most of the coins keep rising, according to <a href="https://u.today/litecoin-ltc-price-analysis-for-december-21" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img data-entity-type="file" data-entity-uuid="eff481c3-24d5-4ec8-9b1f-29a18516de80" src="https://u.today/sites/default/files/inline-images/top10_844.png">Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a>
<h2 class="text-align-justify" id="eth-usd">ETH/USD</h2>
Ethereum (ETH) is one of the biggest gainers today, rocketing by 4.56%. <img data-entity-type="file" data-entity-uuid="85ae64f3-4a10-401b-b11a-dc55e6cd18e1" src="https://u.today/sites/default/files/inline-images/eth1_102.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ETHUSD" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the price of ETH has made a false breakout of the resistance level of $2,331.&nbsp;
If the daily bar closes far from it, there is a chance to see a further correction to the $2,300 zone tomorrow. <img data-entity-type="file" data-entity-uuid="29121fdc-da74-45a5-9cad-04a057425163" src="https://u.today/sites/default/files/inline-images/eth2_107.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ETHUSD" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, one should pay attention to the candle's closure in terms of the resistance level of $2,392. If that happens near it or above, the upward move may continue to the $2,500 area soon. <img data-entity-type="file" data-entity-uuid="6eeea4ef-8001-46a1-b857-869f463ce965" src="https://u.today/sites/default/files/inline-images/eth3_96.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ETHUSD" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, closure near $2,400 plays a key role in terms of further growth. If buyers can hold the initiative, the rise may lead to the test of the $2,500-$2,700 zone shortly.
Ethereum is trading at $2,325 at press time.

Ethereum (ETH) Price Analysis for December 22

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