Bitcoin
BTC$76 064.81

0.08%

Ethereum
ETH$2 914.44

2.30%

Tether
USDT$1.000636

-0.02%

Solana
SOL$197.59

1.92%

Binance Coin
BNB$592.90

-1.02%

USD Coin
USDC$0.999657

-0.03%

Bitcoin and ether defend significant levels


22 Dec 2021

#Bitcoin

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.


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Bitcoin holds its range, but pressure mounts
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Bitcoin set for a deeper correction
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Bitcoin falls under pressure

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 84% 31 $76 064.81 0.08% 8.61% $1 504 523 633 485 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 83.2% 24 $2 914.44 2.30% 15.68% $350 956 842 345 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92.8% 1 $1.000636 -0.02% 0.07% $122 031 247 565 USDT 7 days price change
4 Solana (SOL) SOL Solana predictions 75.2% 54 $197.59 1.92% 18.72% $93 177 120 083 SOL 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 93.2% 5 $592.90 -1.02% 3.00% $85 436 312 074 BNB 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 95.2% 1 $0.999657 -0.03% -0.05% $36 900 654 879 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 91.2% 12 $0.548967 -0.59% 5.45% $31 218 999 526 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 68.8% 65 $0.193351 -0.32% 19.75% $28 366 116 254 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 86% 14 $0.442978 13.17% 24.62% $15 505 550 481 ADA 7 days price change
10 TRON (TRX) TRX TRON predictions 95.6% 2 $0.161050 0.45% -3.55% $13 918 433 792 TRX 7 days price change
11 Toncoin (TON) TON Toncoin predictions 86% 20 $4.91 -0.47% -0.46% $12 488 805 556 TON 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 75.2% 44 $27.86 0.79% 11.19% $11 344 625 411 AVAX 7 days price change
13 SHIBA INU (SHIB) SHIB SHIBA INU predictions 55.2% 94 $0.000019 -1.04% 5.68% $11 001 830 900 SHIB 7 days price change
14 Lido stETH (STETH) STETH Lido stETH predictions 94.4% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 92.8% 1 $0.116354 -0.46% 0.23% $10 171 995 609 WTRX 7 days price change

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