According to historical data obtained by Finbold, Ethereum had recorded consistent year-on-year (YoY) growth throughout the previous three Christmases, with Christmas Day of December 25, 2021, standing at $4,093.
Considering various technical analysis (TA) indicators, Ethereum’s Christmas bullish trend will not sustain this Xmas 2022, with the asset predicted to trade at $915 on December 25, as per CoinCodex.com projection. Currently, Ethereum is trading at $1,255, which means if the predictions come true, it will mark a 23% decrease.
(by Jordan Major)
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