Bitcoin and ether defend significant levels
The cryptocurrency market has gained another 1.8% over the past 24 hours, bringing its total capitalisation to $2.28 trillion. The index has been choking on growth for the past three weeks at the $2.3 mark, so further rise promises to strengthen the bullish case, at least in the short term. The cryptocurrency fear and greed index has jumped to 45. This is a fear territory, but very close to neutral territory. Judging by the continued demand for risky assets in traditional markets and the positive performance of cryptocurrencies as of this morning, this index could well continue to rise at the end of the day.
Bitcoin is trading near $49,000, returning to the highs of the last week and a half, adding 1.3% in 24 hours and 2.3% over seven days. Technically, the first cryptocurrency managed to close noticeably above its simple 200-day moving average, which could spur demand from those buyers who were waiting for the battle for that important level to unfold.
The price of Ether is above $4K, which is also a positive signal for the entire crypto market. The situation looks like Ether staying above $4K and Bitcoin staying above the 200-day average is fuelling buying among smaller altcoins. Keeping key currencies above psychological marks fuels hopes that the market has not switched to bearish mode.
On the other hand, we remain wary of the crypto market outlook, noting that Bitcoin and Ether look like clinging to meaningful levels. The bearish scenario can only be cancelled if growth develops from current levels.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 86.8% | 17 | $66 944.53 | 1.37% | 9.82% | $1 318 797 659 239 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 88% | 20 | $3 100.57 | 4.51% | 6.17% | $372 447 098 840 |  |
|
| 3 |  USDT |
Tether predictions | 96% | 1 | $1.000306 | 0.01% | 0.05% | $111 369 411 518 |  |
|
| 4 |  BNB |
Binance Coin predictions | 91.2% | 13 | $579.91 | 1.10% | -1.05% | $85 586 234 483 |  |
|
| 5 |  SOL |
Solana predictions | 77.2% | 37 | $172.88 | 3.51% | 18.76% | $77 587 775 813 |  |
|
| 6 |  USDC |
USD Coin predictions | 93.6% | 1 | $1.000032 | 0.01% | 0% | $33 432 725 146 |  |
|
| 7 |  XRP |
XRP predictions | 88.8% | 12 | $0.522992 | 0.95% | 3.43% | $28 915 656 712 |  |
|
| 8 |  TON |
Toncoin predictions | 69.2% | 66 | $6.43 | -3.85% | -6.32% | $22 348 661 993 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 83.2% | 32 | $0.154777 | 2.12% | 7.06% | $22 339 937 817 |  |
|
| 10 |  ADA |
Cardano predictions | 83.2% | 23 | $0.481985 | 3.22% | 7.87% | $17 194 984 493 |  |
|
| 11 |  SHIB |
SHIBA INU predictions | 79.2% | 42 | $0.000025 | 1.16% | 10.34% | $14 660 330 441 |  |
|
| 12 |  AVAX |
Avalanche predictions | 79.6% | 36 | $37.52 | 5.09% | 11.63% | $14 350 113 559 |  |
|
| 13 |  WTRX |
Wrapped TRON predictions | 79.2% | 34 | $0.124418 | -0.04% | -1.95% | $10 880 124 020 |  |
|
| 14 |  TRX |
TRON predictions | 78.4% | 34 | $0.124326 | 0.07% | -2.07% | $10 872 072 083 |  |
|
| 15 |  WBTC |
Wrapped Bitcoin predictions | 87.2% | 17 | $66 880.51 | 1.39% | 9.83% | $10 399 690 532 |  |
