Arslan Butt
Ethereum price prediction is unchanged, as the cryptocurrency trades sideways in a narrow range of $1,150 to $1,225. As 2022 comes to a close, the cryptocurrency industry is still reeling from the fallout of the crypto trading site FTX’s demise. Ethereum (ETH) is no exception, and its price has shown only moderate advances in recent days.
According to the most up-to-date information received by Finbold from the platform on December 23rd, the Ethereum price is predicted to be $1,197.14 on January 1st, 2023, by the machine learning algorithms.
The New York-based cryptocurrency exchange Paxful recently announced that it would be delisting Ethereum because its co-founder, Ray Youssef, believes that Ethereum’s switch to the Proof-of-Stake (PoS) validation system makes it too centralized.
We finally kicked #ethereum off our marketplace. 11.6m humans safer. Integrity over revenue Who is next ? pic.twitter.com/JTJXa5RYJ8
— Ray Youssef (@raypaxful) December 21, 2022
This news coincides with the gloomy forecasts. At the same time, in a company-wide post, leaders from payment processor Visa proposed an “account abstraction” system based on smart contracts that could be used to enable automated programmable payments on Ethereum.
Twitter Integrates ETH Price Search Function
The major social media platform, Twitter, is expanding its search capabilities to include Bitcoin (BTC) and Ethereum (ETH) price charts. Twitter said in a new thread that it is releasing a new tool called “$Cashtags,” which includes price charts for other assets including stocks and exchange-traded funds in addition to currency (ETFs).
$Cashtags, now with data
$SPY pic.twitter.com/XgOK6gf02E
— Twitter Business (@TwitterBusiness) December 21, 2022
Users can now search for a certain asset’s name or symbol and instantly be sent to a price chart for that asset. The “$” sign preceding the symbol of a stock, cryptocurrency, or ETF in a tweet will also turn it into a clickable link to price charts.
Twitter claims it plans to expand exposure in the coming weeks, though no specific assets were specified; however, at the present, only the charts of the top two leading digital assets are available this way. Elon Musk, the billionaire CEO of Twitter, recently announced that he will resign from his position as CEO once a successor was selected.
Musk claims that this update is just one of many upcoming enhancements to the social media network.
Ethereum Price Prediction – Daily Technical Levels
Support Resistance
1206.70 1219.87
1199.49 1225.83
1193.53 1233.04
Pivot Point: 1212.66
Ethereum Price Prediction
Ethereum has been battling below $1,220 on the 4-hour chart, and the closing doji and bearish engulfing candle signal a potential negative reversal. Ethereum’s short-term supports are between $1,180 and $1,150. If the $1,150 support level is hit, the bearish trend might continue to $1,110.
Ethereum Price Chart – Source: Tradingview
If Ethereum prices increase above $1,220, the positive trend could continue until ETH prices rise above $1,180.
Altcoins to Buy Today
You may want to diversify your Ethereum holdings with investments in the top ongoing cryptocurrency presales, given the current market rise. Currently, the best presale tokens to purchase are FightOut, Dash 2 Trade, and C+Charge.
FightOut
FGHT is a pay-to-play platform with the goal of bringing the fitness experience to Web3. By eliminating the need for expensive non-fungible tokens, the platform hopes to make it easier for users to pursue their health and fitness goals.
The FightOut presale has just begun, and the first 50 customers will enjoy a 50% discount. Once $5 million has been raised, the bonus will be terminated. Dash 2 Trade’s presale has already raised more than $2.3 million.
Dash 2 Trade
D2T is a cryptocurrency signal platform that keeps cryptocurrency investors informed and ahead of the market. The D2T intelligence platform will offer cryptocurrency investors strategy-building and social trading capabilities, improving their profit potential.
The Dash 2 Trade presale is ending, with only 17 days left. With 79% of the tokens sold out, the presale has already raised more than $10.5 million.
C+Charge
CCHG is another hot presale going on right now. C+Charge is a peer-to-peer payment network that gives EV drivers access to the carbon credits market. The project’s purpose is to democratize the carbon credit market while also revolutionizing EV charging.
The current value of each CCHG coin is $0.013, with the price continuously growing during the four presale phases. 40% of the total CCHG supply will be available for purchase during the presale.
Related
- Ethereum Price Prediction 2022 – 2025
- Is Ethereum a Good Investment?
- Ethereum Price Prediction – ETH Strength Above $1k Attracts Traders and Long-Term Investors
Fight Out - Next Big Train-to-Earn Crypto
- Backed by LBank Labs, Transak
- Earn Rewards for Working Out
- Level Up and Compete in the Metaverse
- Presale Live Now - $5M Raised
- Real-World Community, Gym Chain
This article was written for Business 2 Community by Arslan Butt.
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