Bitcoin
BTC$51 064.80

0.19%

Ethereum
ETH$2 957.14

0.98%

Tether
USDT$0.999862

0.02%

Binance Coin
BNB$380.19

1.58%

Solana
SOL$102.39

1.01%

XRP
XRP$0.544264

1.88%

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 63.2% 79 $51 064.80 0.19% -1.23% $1 002 726 253 755 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 62.8% 74 $2 957.14 0.98% 6.25% $355 320 164 426 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 93.6% 1 $0.999862 0.02% -0.05% $97 897 245 105 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 64.4% 70 $380.19 1.58% 6.06% $56 855 097 069 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 75.6% 50 $102.39 1.01% -6.27% $45 160 504 971 SOL 7 days price change
6 XRP (XRP) XRP XRP predictions 88.4% 21 $0.544264 1.88% -1.86% $29 713 663 516 XRP 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 94.8% 1 $1.000060 0.02% 0% $28 142 288 771 USDC 7 days price change
8 Cardano (ADA) ADA Cardano predictions 68.8% 70 $0.587507 1.25% -0.18% $20 839 053 273 ADA 7 days price change
9 Avalanche (AVAX) AVAX Avalanche predictions 71.2% 56 $36.74 1.02% -7.67% $13 857 064 704 AVAX 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 90% 13 $0.085290 2.43% 0.79% $12 213 970 927 DOGE 7 days price change
11 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 72% 61 $0.137543 -0.73% -0.53% $12 105 717 298 WTRX 7 days price change
12 TRON (TRX) TRX TRON predictions 69.6% 62 $0.137396 -1.07% -0.76% $12 092 837 888 TRX 7 days price change
13 Chainlink (LINK) LINK Chainlink predictions 69.2% 62 $18.34 2.51% -7.56% $10 765 572 543 LINK 7 days price change
14 Lido stETH (STETH) STETH Lido stETH predictions 94% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 76% 48 $7.75 5.97% 1.67% $9 941 667 784 DOT 7 days price change

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