Bitcoin
BTC$68 400.12

-1.66%

Ethereum
ETH$2 451.44

-2.07%

Tether
USDT$0.999696

0%

Binance Coin
BNB$562.56

-2.05%

Solana
SOL$162.33

-2.73%

USD Coin
USDC$1.000094

0%

BTC bounces back from Monday’s low


22 Dec 2022

#Bitcoin

The price of Bitcoin was at one point above the $17,000 level yesterday after falling to $16,300 on Monday. The price of Ethereum rose to the $1230 level yesterday. The price of Bitcoin was at one point above the $17,000 level yesterday after falling to $16,300 on Monday. Today we have a consolidation above the $16750 level, and we could expect to see the price again at the $17000 level. We need further positive consolidation and a move above $17,000, as well as the price staying above. Then we need a new bullish impulse to continue the bullish recovery.

Potential higher targets are $17250 and $17500 levels. We need a negative consolidation and a price drop below the $16750 level for a bearish option. In that case, there would be an increase in bearish pressure and a drop to the $16,500 level. Potential lower targets are the $16,250 and $16,000 levels.

Ethereum analysis

The price of Ethereum rose to the $1230 level yesterday. It didn’t stay up there for long and a pullback to the $1200 support level followed. For now, we are still consolidating above that support level, and we could expect to see a break above the $1225 level and continued recovery. If the price breaks above, potential higher targets are $1250 and $1275.

We need a negative consolidation and a drop below the $1200 support level for a bearish option. If that were to happen, we would be back in the movement zone we had during the weekend. And we would look for support at the $1175 level. Potential lower targets, if we fail to stay above $1175, are $1150 and $1125.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 75.2% 40 $68 400.12 -1.66% 1.82% $1 352 748 842 407 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 83.6% 21 $2 451.44 -2.07% -1.11% $295 185 167 574 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94% 1 $0.999696 0% 0.11% $120 540 096 588 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 93.6% 4 $562.56 -2.05% -3.80% $81 064 232 488 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 70.8% 65 $162.33 -2.73% -5.60% $76 428 431 762 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 96% 1 $1.000094 0% 0.02% $34 875 083 591 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 90% 6 $0.502421 -2.41% -2.52% $28 571 982 881 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 60% 78 $0.150781 -6.40% 9.25% $22 109 368 904 DOGE 7 days price change
9 TRON (TRX) TRX TRON predictions 94% 4 $0.164212 -1.79% -1.06% $14 196 787 863 TRX 7 days price change
10 Toncoin (TON) TON Toncoin predictions 91.2% 13 $4.79 -2.88% -2.97% $12 193 613 205 TON 7 days price change
11 Cardano (ADA) ADA Cardano predictions 92% 7 $0.340947 -5.69% 2.31% $11 931 458 355 ADA 7 days price change
12 Lido stETH (STETH) STETH Lido stETH predictions 96% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
13 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 92.4% 1 $0.116354 -0.46% 0.23% $10 171 995 609 WTRX 7 days price change
14 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 92.8% 1 $65 806.83 0.78% -2.68% $10 083 957 608 WBTC 7 days price change
15 SHIBA INU (SHIB) SHIB SHIBA INU predictions 84.8% 29 $0.000017 -4.06% -0.05% $10 031 948 806 SHIB 7 days price change

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