Bitcoin is back below $28000
The price of Bitcoin jumped again above the $28500 level yesterday. Yesterday, Ethereum formed a new higher high at the $1859 level, after which the price started a pullback. The price of Bitcoin jumped again above the $28500 level yesterday. Yesterday’s high price was at the $28800 level. Since then, bitcoin has retreated to the $28,000 level. for a bullish option; we need a positive consolidation and a move to the $28400 level. This would bring us closer to the $28,500 level again.
A price break above would add to the optimism for continued Bitcoin price growth. Potential higher targets are the $29,000 and $29,250 levels. We need a negative consolidation and a drop to the $27800 level for a bearish option. With such a move, we would break the support at the $28,000 level. This could mean a slowdown in growth and a price pullback to $27,000, where the EMA 50 moving average is waiting for us.
Ethereum chart analysis
Yesterday, Ethereum formed a new higher high at the $1859 level, after which the price started a pullback. Today’s low price was at the $1729 level, and there is a high chance that we could break below. Yesterday’s price support was the $1715 level, and we may visit it again. for a bullish option, we need a new positive consolidation and a return above the $1775 level.
That would bring us back above the EMA moving average, and we would get its support. A break above the $1830 level and staying above it would be desirable if we want to see continued recovery and the formation of a new higher high.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 86.8% | 12 | $27 080.57 | 0.50% | 1.41% | $525 120 984 052 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 90.8% | 5 | $1 893.90 | 1.22% | 3.85% | $227 727 252 078 |  |
|
| 3 |  USDT |
Tether predictions | 94.4% | 1 | $1.000298 | 0.02% | 0% | $83 274 522 418 |  |
|
| 4 |  BNB |
Binance Coin predictions | 90.4% | 3 | $306.98 | 0.53% | 0.34% | $47 844 502 244 |  |
|
| 5 |  USDC |
USD Coin predictions | 93.2% | 1 | $1.000012 | 0% | 0% | $28 940 996 302 |  |
|
| 6 |  XRP |
XRP predictions | 76.4% | 40 | $0.518733 | 2.48% | 12.36% | $26 965 484 878 |  |
|
| 7 |  ADA |
Cardano predictions | 90.8% | 7 | $0.375804 | 2.71% | 4.65% | $13 110 576 749 |  |
|
| 8 |  STETH |
Lido stETH predictions | 94% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 85.6% | 14 | $0.072136 | 0.28% | 2.18% | $10 070 286 642 |  |
|
| 10 |  SOL |
Solana predictions | 83.2% | 27 | $21.12 | 2.00% | 9.24% | $8 375 768 500 |  |
|
| 11 |  MATIC |
Polygon predictions | 79.6% | 31 | $0.897462 | 0.39% | -0.66% | $8 327 966 768 |  |
|
| 12 |  WTRX |
Wrapped TRON predictions | 80.4% | 36 | $0.076148 | 1.38% | -0.10% | $7 742 460 822 |  |
|
| 13 |  TRX |
TRON predictions | 80.4% | 35 | $0.076534 | 1.77% | 0.53% | $6 903 793 375 |  |
|
| 14 |  LTC |
Litecoin predictions | 79.2% | 38 | $94.27 | -0.39% | 8.09% | $6 887 309 688 |  |
|
| 15 |  DOT |
Polkadot predictions | 88.4% | 8 | $5.23 | -0.18% | 0.15% | $6 226 557 990 |  |
