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ETH and SOL Price Analysis for December 21

Wed, 12/21/2022 - 15:18
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Denys Serhiichuk
Which altcoin can withstand market's bearish mood?
ETH and SOL Price Analysis for December 21
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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Bulls could not keep their slight rise going as the rates of most of the coins are going down.

Top 10 coins by CoinMarketCap


Ethereum (ETH) is an exception to the rule, rising by 0.19% over the last 24 hours.

ETH/USD chart by TradingView

The rate of Ethereum (ETH) keeps trading in the middle of a wide range, between the support at $1,071 and the resistance at $1,350.

ETH and XRP Price Analysis for December 19

Currently, there are no prerequisites for growth or decline as none of the sides has accumulated enough power for a sharp move. In this case, sideways trading remains the more likely scenario for the upcoming days.

Ethereum is trading at $1,214 at press time.


Solana (SOL) is more of a loser than Ethereum (ETH), falling by almost 2% since yesterday.

SOL/USD chart by Trading View

From the technical point of view, the price of Solana (SOL) is slowly approaching the support at $11.27. If buyers lose the vital $12 mark, the accumulated energy might be enough for a drop to the $10 zone.

SOL is trading at $12.09 at press time.

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About the author

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at