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Ethereum Aims for $3,300 Recovery by Mid-December as Solana Targets $144.30 This Week

Ethereum (ETH)

  • Price Prediction: Ethereum is targeting a recovery to $3,300 by mid-December, with analysts expressing a cautiously optimistic outlook due to bullish technical patterns.
  • Current Market Sentiment: The sentiment remains positive, supported by oversold conditions and bullish MACD momentum. Analysts are closely monitoring broader market conditions that could influence ETH's potential recovery.

Solana (SOL)

  • Short-Term Target: Solana is projected to reach $144.30 within a week, with immediate resistance at $145.68.
  • Medium-Term Forecast: Analysts anticipate a target range of $155-$165 by December 2025, reflecting a potential increase of 9-16% from current levels.
  • Technical Indicators: The MACD histogram shows bullish momentum, and significant trading volume was noted at $768 million in 24-hour activity on Binance. Key support levels are identified at $125.25 and $121.66. If SOL breaks above $145.68, it could further rally towards $155-$165.

Sui (SUI)

  • Price Recovery Target: Sui is aiming for a recovery between $210-$240 in December. Analysts are optimistic about the price recovery potential within this range.
  • Market Sentiment: The forecast indicates a positive outlook, with expectations for price movements aligning with the targeted recovery range.

Key Points to Monitor

  • Ethereum (ETH): Watch for broader market conditions influencing the recovery potential.
  • Solana (SOL): Monitor the MACD histogram, RSI levels, and daily trading volume, especially the immediate resistance at $145.68.
  • Sui (SUI): Observe market reactions and trading patterns leading to the targeted price range.

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