The Ethereum course has recorded a small upward trend in the last few days. After the FTX crash, the price had to stabilize first. After modest gains over the past few days, hopes are rising for a December when the price could rise again. Will Ethereum Price recover to $1,500 in December 2022?
How did Ether Perform in the last few weeks?
The Ether course saw first a rise and then a slump in the last few weeks. At the end of October, the price benefited from Bitcoin breaking out above the $21,000 mark. At the beginning of November, the Ether course had to accept heavy losses. The Ether course briefly lost over 30%.
After falling to $1,100, the ether price has been able to stabilize above $1,200 in recent weeks. After falling below $1,100 more than a week ago, the price has rebounded above $1,200 in the past few days. This could make the Ethereum forecast more positive again.
In which direction is Ethereum moving at the moment?
The Ether course saw a significant stabilization in the last few weeks. This prevented the further price drop after the FTX implosion. But the loss of confidence in the crypto market persists and there are fears that more projects could go bankrupt.
The longer the market has stabilized, the more likely it is that cryptocurrency prices will rise again. The Ether course could rise again in the next few weeks. However, it is difficult to say whether the price will drop again slightly and when a stronger increase will return.
What is the Ethereum forecast for December 2022?
In the next few weeks there is a possibility that the ether price could rise again. In recent weeks, many projects such as Solana or Crypto.com have been questioned about the balance sheets of these companies. The situation has calmed down a bit recently and the companies mentioned have promised transparency for the future.
Therefore, we assume that the ether price could rise again slightly. In the past, there have always been slight increases at the end of the year, particularly around public holidays. Therefore, a slight price increase for Ethereum is possible in December, which improves the forecast for the end of the year.
How high can Ethereum go before 2023?
In the last month of 2022, we could still see a slight increase in the price of Ether. Larger price increases above $1,500 are probably only possible again in 2023. In the coming year, the market could be similar to 2019, when we again saw strong gains in the first half of the year.
An increase in the Ether price could still be 10-20% in the next 4-5 weeks. This could allow the Ethereum price to rise again to a maximum of $1,500. A higher increase seems unlikely. We also do not see a further drop below the $1,100 mark in the coming weeks. Therefore, we assume an Ethereum forecast of 1,200 to 1,500 dollars for December.
Is Ethereum Good to Buy now?
In the last few months, the ether price has fallen sharply. However, the low prices in particular could be worthwhile for investors if investors invest in the long term and regularly buy the ether token in this. The year 2023 in particular could bring stronger increases again.
With a regular investment per cost dollar average, you can accumulate a larger amount of tokens, especially now in the bear market. Therefore, this phase is an even greater opportunity for investment before the ether price could rise again more strongly in the coming months.
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