Ethereum (ETH) has joined Bitcoin (BTC) in a notable price recovery, managing 
to reclaim the $3,000 mark. This resurgence could signify a pivotal moment for 
the altcoin, suggesting a potential new upward trend. However, investors 
remain divided on whether ETH may face further declines or if a year-end 
rebound could reignite bullish sentiment. ETH’s December Struggles In order to 
anticipate Ethereum&#8217;s probable moves in December, Alex Carchidi, an analyst at 
The Motley Fool, notes that this month has traditionally been a difficult 
month for the cryptocurrency. Since 2016, Ethereum has only concluded December 
higher than it started in four of the nine years studied. In the remaining 
five cases, the month ended in negative territory. The average December return 
throughout this span is about 7%, indicating that a strong &#8220;Santa rally&#8221; is 
improbable. The median performance shows a 6% drop. Related Reading: Bitcoin 
Price Climbs Back To $91,000: Is The Decline Over? Key Levels To Watch 
Examining the relationship between November and December reveals a more 
intriguing pattern. Between 2016 and 2024, when November has been weak for 
ETH, December often followed suit, with three out of four instances showing 
declines. The only outlier was in 2018, when Ethereum rebounded in December 
after a particularly harsh downturn in November. This historical context 
suggests that a poor performance in November could carry over into December, 
making a cheerful month less probable. But while December&#8217;s performance has 
historically been mixed, the beginning of the year has typically shown strong 
potential for the Ethereum price, particularly in the first and second 
quarters. In fact, average returns tend to peak in the first quarter at around 
77% and the second quarter at approximately 64%, indicating that there may 
still be significant growth on the horizon for the leading altcoin. Tom Lee 
Foresees Ethereum Surging To $7,000 Amidst this hypothetical scenario, Tom 
Lee, chairman of BitMine Immersion Technologies and a major industry advocate, 
predicts a bright future for Ethereum in the near and long term. The executive 
believes that the cryptocurrency could surge to $7,000 per coin heading into 
the first quarter of 2026, reflecting a nearly 150% price surge from its 
current value. Related Reading: Metaplanet In Jeopardy: Bitcoin Needs To 
Surpass $108,000 By December 18 To Prevent New Crisis Lee is even more 
optimistic about the long term, predicting that if his vision for a 
decentralized financial system materializes, the Ethereum price could soar by 
2,090% to reach $62,000 by 2035. After a challenging year in which ETH 
significantly underperformed its peers, it has shown increased resilience, 
especially following the recent crash in crypto prices that saw the token’s 
valuation drop to $2,600 last Friday. Currently, ETH is trading just above 
$3,000. While this is not bullish enough to outpace the recent crash, ETH is 
positioned to recover significantly if demand and capital flow back into 
exchange-traded funds (ETFs) as the year comes to a close. Featured image from 
DALL-E, chart from TradingView.com

Top Analyst Unveils Ethereum (ETH) December Trajectory: 150% Surge On The Horizon?

Binance’s new partnership positions Ho Chi Minh City’s planned international 
financial center for a breakout leap in digital asset leadership, signaling a 
powerful push to accelerate blockchain adoption, attract global capital, and 
elevate Vietnam’s role in next-gen finance. Binance Backs Vietnam’s Financial 
Hub Ambitions Crypto exchange Binance announced on Nov. 26 that it signed a 
[…]

Binance Arms Vietnam With Global Digital Asset Expertise as Officials Pilot Blockchain Models

Justin Sun has stepped further into the center of the $456 million TUSD 
reserve dispute with a public address in Hong Kong. Justin Sun used a rare in- 
person media briefing in Hong Kong to give new details about the alleged…

Justin Sun escalates dispute over $456M TUSD reserve gap in Hong Kong media briefing

The South African Reserve Bank found no short-term need for a retail CBDC, 
saying wholesale or cross-border uses should be explored instead.

South Africa’s central bank says no ‘strong immediate need’ for CBDC

XRP price started a steady increase above $2.220. The price is now struggling 
to clear $2.280 and might start a fresh decline below $2.150. XRP price 
started a fresh increase above the $2.20 zone. The price is now trading near 
$2.180 and the 100-hourly Simple Moving Average. There is a near bearish trend 
line forming with resistance at $2.2250 on the hourly chart of the XRP/USD 
pair (data source from Kraken). The pair could continue to move down if it 
dips below $2.150. XRP Price Faces Resistance XRP price started a decent 
upward move above $2.120 and $2.150, like Bitcoin and Ethereum. The price 
gained pace for a clear move above the $2.20 resistance. The bulls even pumped 
the price above the $2.240 zone. A high was formed at $2.286 and the price 
started a downside correction. There was a move below the 23.6% Fib 
retracement level of the upward move from the $1.817 swing low to the $2.286 
high. The price is now trading near $2.180 and the 100-hourly Simple Moving 
Average. Besides, there is a near bearish trend line forming with resistance 
at $2.2250 on the hourly chart of the XRP/USD pair. If there is a fresh upward 
move, the price might face resistance near the $2.2250 level. The first major 
resistance is near the $2.250 level, above which the price could rise and test 
$2.2850. A clear move above the $2.2850 resistance might send the price toward 
the $2.350 resistance. Any more gains might send the price toward the $2.4320 
resistance. The next major hurdle for the bulls might be near $2.50. Downside 
Continuation? If XRP fails to clear the $2.250 resistance zone, it could start 
a fresh decline. Initial support on the downside is near the $2.150 level. The 
next major support is near the $2.10 level. If there is a downside break and a 
close below the $2.10 level, the price might continue to decline toward $2.050 
and the 50% Fib retracement level of the upward move from the $1.817 swing low 
to the $2.286 high. The next major support sits near the $2.00 zone, below 
which the price could continue lower toward $1.9250. Technical Indicators 
Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. 
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 
level. Major Support Levels – $2.150 and $2.050. Major Resistance Levels – 
$2.250 and $2.280.

Cryptocurrency price in EUR