The term \u201cSanta rally\u201d is still trending on social media today, as Bitcoin\u2019s 3% pump has pushed it back above $88,000 \u2013 and Ethereum is now up 5.3% since yesterday. Traders are eyeing a more substantial rebound, driving the Christmas price rally narrative forward as order books begin thinning out \u2013 opening the door to more volatility ahead.<\/p>\n
In the meme coin space, traders are facing a mixed bag of high performers (Jelly My Jelly, up 19.2%), pullbacks (MemeCore, down 12%), and coins attempting to recover from double-digit monthly losses. With the meme sector\u2019s total cap still around $41.3 billion, tokens in this category are still drawing new investors \u2013 but mainly if they offer some real utility that provides depth beyond the jokes.<\/p>\n
For now, Ethereum is the top mainstream coin to watch, with one expert predicting a move toward $3,200 by January, as long as some key technical factors hold up. Maxi Doge (MAXI)<\/a>, a fast-rising meme coin presale project with $4.3 million raised, is also standing out, as it\u2019s been consistently bringing new buyers into its community no matter the broader market conditions.<\/p>\n This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page.<\/strong><\/em><\/p>\n Ethereum has been navigating some choppy waters, but recent developments suggest a turnaround could be in play. Just this week, the network has seen fresh activity with the debut of ETHGas, a new blockspace futures market that\u2019s drawn $800 million in commitments and a $12 million seed round led by Polychain Capital. This could boost Ethereum\u2019s utility in settlement infrastructure, making it more appealing for institutional use.<\/p>\n Importantly, Ethereum has defended the $2,800 support amid ETF outflows \u2013 although whale selling pressure has pushed it below $2,900 at times. Still, with the upcoming Fusaka upgrade on the horizon, sentiment\u2019s turning positive, so analysts expect it to enhance performance and draw more volume back to the chain.<\/p>\n The analyst Ted Pillows recently posted a detailed chart on X, showing Ethereum bouncing from its latest support zone. Pillows noted that holding above $2,700 could spark a rally to $3,100 or even $3,200 soon, but a break lower might end up testing $2,500.<\/p>\n $ETH<\/a> tapped the $2,700-$2,800 support zone and is now bouncing back.<\/p>\n As long as Ethereum holds this level, a rally towards $3,100-$3,200 could happen.<\/p>\n Losing this level means ETH will retest the $2,500 level. pic.twitter.com\/DW41nUtoeU<\/a><\/p>\n \u2014 Ted (@TedPillows) December 19, 2025<\/a><\/p><\/blockquote>\n
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\nCould Ethereum Reach $3,200 Within the Next Month?<\/h2>\n
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