{"id":243629,"date":"2019-12-07T07:13:08","date_gmt":"2019-12-07T12:13:08","guid":{"rendered":"http:\/\/insidebitcoins.com\/?p=243629"},"modified":"2019-12-07T07:13:08","modified_gmt":"2019-12-07T12:13:08","slug":"ethereum-price-prediction-the-bears-may-dominate-as-eth-usd-bulls-fight-against-market-control-price-hovers-around-148","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ethereum-price-prediction-the-bears-may-dominate-as-eth-usd-bulls-fight-against-market-control-price-hovers-around-148","title":{"rendered":"Ethereum Price Prediction: The Bears May Dominate as ETH\/USD Bulls Fight against Market Control; Price Hovers Around $148"},"content":{"rendered":"

ETH Price Prediction \u2013 December 7<\/strong><\/p>\n

The price of Ethereum seems to be showing more bearish signs throughout the short-term consolidation phase seen in recent days<\/p>\n

ETH\/USD Market<\/strong><\/h4>\n

Key Levels:<\/p>\n

Resistance levels: $158, $163, $168<\/p>\n

Support levels: $136, $131, $126<\/p>\n

\"\"<\/a>
ETHUSD – Daily Chart<\/figcaption><\/figure>\n

ETH\/USD<\/a> has been dropping with a bearish bias for the better part of the day. The coin opened at $148.86 today and initially dropped below $148 before striking a surge above $148.86 touching $149. It gradually pulled back to $148.5 and kept trading around $147 but yesterday; ETH\/USD broke below $147 and touched $146.43.<\/p>\n

The price of the ETH\/USD is currently experiencing a price drop as the coin is been bitten by the bears. Traders were expecting a lot from the crypto, although December 5 and 6 reflected an improvement in ETH prices. The daily chart reveals that both the Ethereum and the Bitcoin started with a fall today. More so, the price is currently moving under the 9-day moving average but very far from the 21-day moving average while exchanging hands at $148.36 which is yet to break the lower boundary of the channel.<\/p>\n

In addition, a bearish drop may likely roll the market down to $136, $131 and $126 support levels while possible bullish surge may drive the market to $155 level, testing the 21-day moving average. Above this, $158, $163 and $168 may further provide resistance levels for the market. Meanwhile, the RSI (14) is moving below 40 and staying there may cause the coin to remain below the $150 level.<\/p>\n

When compared with Bitcoin, the market price remained in the descending channel and the bears have already taken over the market. ETH\/BTC is currently trading at 0.0196 BTC and the bulls couldn\u2019t push the price upward. Looking at the chart, if the market continues to drop, the next key supports may likely be at 0.0190 BTC and below.<\/p>\n

\"\"<\/a>
ETHBTC – Daily Chart<\/figcaption><\/figure>\n

However, on the upside, a possible bullish movement could push the market towards the 9-day moving average around the upper boundary of the channel, when this is done, the resistance level of 0.0204 BTC and above could be visited but the RSI (14) is moving below 40 and this indicates that the market may continue to fall.<\/p>\n

Please note:<\/strong> Insidebitcoins.com<\/a> is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

ETH Price Prediction \u2013 December 7 The price of Ethereum seems to be showing more bearish signs throughout the short-term consolidation phase seen in recent […]<\/a><\/div>","protected":false},"author":1742,"featured_media":243630,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[1],"tags":[7600,5982,8045,7992],"acf":[],"yoast_head":"\nEthereum Price Prediction: The Bears May Dominate as ETH\/USD Bulls Fight against Market Control; Price Hovers Around $148<\/title>\n<meta name=\"description\" content=\"The price of Ethereum seems to be showing more bearish signs throughout the short-term consolidation phase seen in recent days\" \/>\n<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Price Prediction: The Bears May Dominate as ETH\/USD Bulls Fight against Market Control; Price Hovers Around $148\" \/>\n<meta property=\"og:description\" content=\"The price of Ethereum seems to be showing more bearish signs throughout the short-term consolidation phase seen in recent days\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-07T12:13:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/12\/ETHUSD_07122019.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1008\" \/>\n\t<meta property=\"og:image:height\" content=\"615\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Azeez Mustapha\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ItuGlobal\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Azeez Mustapha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629\"},\"author\":{\"name\":\"Azeez Mustapha\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8\"},\"headline\":\"Ethereum Price Prediction: The Bears May Dominate as ETH\/USD Bulls Fight against Market Control; Price Hovers Around $148\",\"datePublished\":\"2019-12-07T12:13:08+00:00\",\"dateModified\":\"2019-12-07T12:13:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629\"},\"wordCount\":414,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"keywords\":[\"ETH\",\"Ethereum\",\"ETHUSD\",\"Technical Analysis\"],\"articleSection\":[\"More Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629#primaryimage\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629\",\"name\":\"Ethereum Price Prediction: The Bears May Dominate as ETH\/USD Bulls Fight against Market Control; Price Hovers Around $148\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"datePublished\":\"2019-12-07T12:13:08+00:00\",\"dateModified\":\"2019-12-07T12:13:08+00:00\",\"description\":\"The price of Ethereum seems to be showing more bearish signs throughout the short-term consolidation phase seen in recent days\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629\"]}],\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629#primaryimage\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/insidebitcoins.com\/#website\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"name\":\"InsideBitcoins.com\",\"description\":\"Search & Compare Brokers within Crypto, Forex & Stocks\",\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/insidebitcoins.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/insidebitcoins.com\/#organization\",\"name\":\"InsideBitcoins\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"width\":195,\"height\":32,\"caption\":\"InsideBitcoins\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8\",\"name\":\"Azeez Mustapha\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/368a1c3ea65da09a1128621f280ad865?s=96&d=mm&r=pg\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/368a1c3ea65da09a1128621f280ad865?s=96&d=mm&r=pg\",\"caption\":\"Azeez Mustapha\"},\"description\":\"Azeez Mustapha is a technical analyst with many years trading experience in the stock exchange and crypto markets. He has broad experience in forex trading, coaching, and funds management. Azeez provides daily articles covering the price movements of major cryptocurrencies, and has contributed to a range of respected publications and trading magazines. Find his other published work on Learn2.trade, and CryptoSignals.org.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/azeez-mustapha-0825565b\/\",\"https:\/\/twitter.com\/ItuGlobal\"],\"url\":\"https:\/\/insidebitcoins.com\/news\/author\/azeezmustaph\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Ethereum Price Prediction: The Bears May Dominate as ETH\/USD Bulls Fight against Market Control; Price Hovers Around $148","description":"The price of Ethereum seems to be showing more bearish signs throughout the short-term consolidation phase seen in recent days","robots":{"max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629","og_locale":"en_US","og_type":"article","og_title":"Ethereum Price Prediction: The Bears May Dominate as ETH\/USD Bulls Fight against Market Control; Price Hovers Around $148","og_description":"The price of Ethereum seems to be showing more bearish signs throughout the short-term consolidation phase seen in recent days","og_site_name":"InsideBitcoins.com","article_published_time":"2019-12-07T12:13:08+00:00","og_image":[{"width":1008,"height":615,"url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/12\/ETHUSD_07122019.png","type":"image\/png"}],"author":"Azeez Mustapha","twitter_card":"summary_large_image","twitter_creator":"@ItuGlobal","twitter_misc":{"Written by":"Azeez Mustapha","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629#article","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629"},"author":{"name":"Azeez Mustapha","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8"},"headline":"Ethereum Price Prediction: The Bears May Dominate as ETH\/USD Bulls Fight against Market Control; Price Hovers Around $148","datePublished":"2019-12-07T12:13:08+00:00","dateModified":"2019-12-07T12:13:08+00:00","mainEntityOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629"},"wordCount":414,"commentCount":0,"publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"keywords":["ETH","Ethereum","ETHUSD","Technical Analysis"],"articleSection":["More Crypto News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629#primaryimage"}},{"@type":"WebPage","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629","url":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629","name":"Ethereum Price Prediction: The Bears May Dominate as ETH\/USD Bulls Fight against Market Control; Price Hovers Around $148","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/#website"},"datePublished":"2019-12-07T12:13:08+00:00","dateModified":"2019-12-07T12:13:08+00:00","description":"The price of Ethereum seems to be showing more bearish signs throughout the short-term consolidation phase seen in recent days","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629"]}],"primaryImageOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629#primaryimage"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629#primaryimage"}},{"@type":"WebSite","@id":"https:\/\/insidebitcoins.com\/#website","url":"https:\/\/insidebitcoins.com\/","name":"InsideBitcoins.com","description":"Search & Compare Brokers within Crypto, Forex & Stocks","publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/insidebitcoins.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/insidebitcoins.com\/#organization","name":"InsideBitcoins","url":"https:\/\/insidebitcoins.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","width":195,"height":32,"caption":"InsideBitcoins"},"image":{"@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8","name":"Azeez Mustapha","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/368a1c3ea65da09a1128621f280ad865?s=96&d=mm&r=pg","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/368a1c3ea65da09a1128621f280ad865?s=96&d=mm&r=pg","caption":"Azeez Mustapha"},"description":"Azeez Mustapha is a technical analyst with many years trading experience in the stock exchange and crypto markets. He has broad experience in forex trading, coaching, and funds management. Azeez provides daily articles covering the price movements of major cryptocurrencies, and has contributed to a range of respected publications and trading magazines. Find his other published work on Learn2.trade, and CryptoSignals.org.","sameAs":["https:\/\/www.linkedin.com\/in\/azeez-mustapha-0825565b\/","https:\/\/twitter.com\/ItuGlobal"],"url":"https:\/\/insidebitcoins.com\/news\/author\/azeezmustaph"}]}},"modified_by":"Azeez Mustapha","_links":{"self":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629"}],"collection":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/users\/1742"}],"replies":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/comments?post=243629"}],"version-history":[{"count":0,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/243629\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media\/243630"}],"wp:attachment":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media?parent=243629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/categories?post=243629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/tags?post=243629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}