Skyle11

#1 ETH/USD Prediction Dec. 2021 | Metaverse| NFT [28.11.21]

Long
CAPITALCOM:ETHUSD   Ethereum / U.S. Dollar
4.000 USD is the current support for the ETH price.

You see a view on a timespan of two years (2020 - 2022).

Technical Indicators
  • The RSI shows that a movement to the 60 mark is presumable till NYE.

  • The MACD dropped to a very low -60 avg in the last week and also seems like turning to the upside at least once this year.

    Looking on the ETH/BTC chart which is nowadays the #1 indicator for the whole smart contract and NFT market, we see that ETH is building momentum since May - Already on an upwards trend since Oct. 20.

Functional

  • With WEB3 and Metaverse beeing one of the new biggest topics in companies like , , , the term crypto and tokenization already arrived in the mainstream folks.


  • Artists are already fully in the NFT world with DJs using "Bored Apes" and "Crypto Punks" as their investment and profile pics.
    Post Malone even shows his BYAC NFT in one of his music videos.

    The whole blockchain ecosystem with its different but very modern and useful projects works (until now bumby however) better and better since the chains work on performance and solutions of scaling. Even the current high gas prices seem to not frighten users to use the services or trade their NFTs.
    IBC allows to move assets on a highter level of the ecosystems to be more dynamic in the whole market.

    👾Gaming on basis of e.g. play to earn (SANDBOX, AXIES, CRABADA) teaches us, that creativity and joy also want to be rewarded by society.

    Economical

    Omikron worries investors in stocks and crypto on black friday. The previous turkey day however should flush more interested noses into the space since it is one of the main topics at family gatherings.

    PHEMEX:ETHUSD BINANCE:ETHBTC

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