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Ethereum (ETH) Price Prediction for December 27

Author: Content Editor
Today, some cryptocurrencies have seen a slight increase, including Ethereum (ETH) which has risen by 0.27% in the last 24 hours. However, the hourly chart suggests a bearish trend as the price returns to the support level of $3,317. If the daily bar closes around this level, a breakout may occur, potentially leading to a move to the $3,300 range. In the bigger picture, the focus should be on the $3,300 level, as a breakout could lead to a test of the $3,200 range by the end of the week. Overall, the price of Ethereum is currently far from key levels and the low volume indicates that neither bulls nor bears are prepared for a significant move in the near future. At present, Ethereum is trading at $3,342.

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