Bitcoin
BTC$65 423.69

-1.35%

Ethereum
ETH$3 429.98

-4.52%

Tether
USDT$1.000044

0.06%

Binance Coin
BNB$594.61

-1.93%

Solana
SOL$135.08

-8.99%

USD Coin
USDC$1.000152

0.01%

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 86.8% 15 $65 423.69 -1.35% -4.07% $1 289 746 438 847 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 83.2% 23 $3 429.98 -4.52% -4.68% $419 407 502 849 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 91.6% 1 $1.000044 0.06% 0.04% $112 557 594 906 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 86% 25 $594.61 -1.93% -4.93% $87 755 290 405 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 79.2% 42 $135.08 -8.99% -13.74% $62 377 468 585 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 94% 3 $1.000152 0.01% 0.01% $32 548 974 650 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 79.6% 31 $0.491101 0.81% 0.47% $27 290 716 733 XRP 7 days price change
8 Toncoin (TON) TON Toncoin predictions 66.4% 67 $7.45 -5.59% 6.12% $18 168 609 687 TON 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 69.6% 61 $0.121744 -10.21% -14.25% $17 622 960 204 DOGE 7 days price change
10 Cardano (ADA) ADA Cardano predictions 80.4% 41 $0.377205 -9.02% -13.21% $13 479 212 450 ADA 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 54.8% 94 $0.000018 -12.40% -20.09% $10 615 248 696 SHIB 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 71.2% 59 $26.34 -10.87% -17.78% $10 362 409 683 AVAX 7 days price change
13 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
14 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 95.6% 2 $65 413.97 -1.45% -4.15% $10 023 757 318 WBTC 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 92.8% 9 $0.114218 -2.83% -2.92% $9 985 272 047 WTRX 7 days price change

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