Bitcoin and Ethereum: The Price of Bitcoin Struggles
The price of Bitcoin continues to struggle around the $19,000 level. Ethereum price is testing the $1270-$1280 support zone for the second day in a row. The price of Bitcoin continues to struggle around the $19,000 level. The pressure seems too much for Bitcoin, and we are now seeing a pullback below $18900. A minor recovery takes us back up to $18985.
Bitcoin chart analysis
For a bearish option, we need a continuation of the negative consolidation. The price could first go down to the $18800 support level. If we do not find support there either, the decline could be extended to the $18,500 level. The October low is at the $18182 level. We need a new positive consolidation and recovery above the $19200 level for a bullish option first. If we succeed in that, the next target is the $19,400 level, yesterday’s high.
Then it is necessary to maintain up there and, with a new bullish impulse, continue towards the next high at the $19800 level. We would be very close to $20,000 there, which could attract the price of Bitcoin, resulting in a test of that level. A potential higher target is $20,500 at the October resistance zone.
Ethereum chart analysis
Ethereum price is testing the $1270-$1280 support zone for the second day in a row. If the pressure continues, we could see a drop below and the formation of a new ten-day lower low. We could look for the first support at the $1260 level, and if we fail to do so, we will see a continuation of the price drop.
Potential targets are $124 and $1220 levels. For a bullish option, we need a new positive consolidation and a return to the $1300 level. Then we must try to stay up there and continue the recovery with the next bullish impulse. Our next resistance is the $1340 level, and a break above it would significantly strengthen the bullish recovery to the $1400 level.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 78% | 33 | $62 706.80 | -1.21% | -1.68% | $1 239 378 185 376 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 79.6% | 43 | $2 439.89 | -1.94% | -7.71% | $293 713 346 867 |  |
|
| 3 |  USDT |
Tether predictions | 95.6% | 1 | $0.999766 | -0.01% | 0.03% | $119 829 220 483 |  |
|
| 4 |  BNB |
Binance Coin predictions | 78.8% | 35 | $569.43 | -0.69% | -1.87% | $83 097 793 270 |  |
|
| 5 |  SOL |
Solana predictions | 75.2% | 45 | $144.16 | -3.76% | -7.43% | $67 648 593 118 |  |
|
| 6 |  USDC |
USD Coin predictions | 92.8% | 1 | $0.999956 | -0.01% | 0% | $35 323 955 374 |  |
|
| 7 |  XRP |
XRP predictions | 77.6% | 43 | $0.533715 | -1.52% | -13.93% | $30 189 072 303 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 78.4% | 32 | $0.109363 | -3.76% | -7.59% | $15 997 205 997 |  |
|
| 9 |  TRX |
TRON predictions | 96% | 1 | $0.156212 | 1.47% | -0.16% | $13 524 348 756 |  |
|
| 10 |  TON |
Toncoin predictions | 80.4% | 30 | $5.24 | -1.66% | -9.83% | $13 296 717 987 |  |
|
| 11 |  ADA |
Cardano predictions | 80.4% | 38 | $0.354840 | -2.61% | -7.20% | $12 405 595 268 |  |
|
| 12 |  AVAX |
Avalanche predictions | 67.6% | 60 | $26.90 | -1.26% | -5.57% | $10 935 151 377 |  |
|
| 13 |  SHIB |
SHIBA INU predictions | 56.8% | 94 | $0.000018 | -4.99% | -4.57% | $10 317 981 112 |  |
|
| 14 |  STETH |
Lido stETH predictions | 93.6% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 15 |  WTRX |
Wrapped TRON predictions | 92.4% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 |  |
