BTC bounces back from Monday’s low
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.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 87.6% | 19 | $27 207.37 | 1.65% | 0.07% | $527 434 425 401 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 90% | 5 | $1 852.61 | 0.99% | 1.85% | $222 788 001 710 |  |
|
| 3 |  USDT |
Tether predictions | 94.4% | 1 | $1.000337 | -0.02% | 0% | $83 155 084 825 |  |
|
| 4 |  BNB |
Binance Coin predictions | 94% | 4 | $309.10 | 0.59% | -0.47% | $48 174 899 448 |  |
|
| 5 |  USDC |
USD Coin predictions | 94.8% | 1 | $1.000049 | 0% | 0.01% | $29 070 326 362 |  |
|
| 6 |  XRP |
XRP predictions | 83.6% | 25 | $0.473689 | 0.06% | 1.09% | $24 623 952 850 |  |
|
| 7 |  ADA |
Cardano predictions | 88.8% | 20 | $0.373120 | 1.85% | 2.03% | $13 012 197 743 |  |
|
| 8 |  STETH |
Lido stETH predictions | 93.6% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 79.6% | 31 | $0.072943 | 2.18% | -1.16% | $10 177 454 142 |  |
|
| 10 |  MATIC |
Polygon predictions | 73.2% | 56 | $0.929328 | 1.08% | 6.09% | $8 623 672 184 |  |
|
| 11 |  SOL |
Solana predictions | 77.2% | 38 | $20.54 | 5.37% | 1.37% | $8 139 201 360 |  |
|
| 12 |  WTRX |
Wrapped TRON predictions | 80.4% | 33 | $0.077319 | 2.15% | 6.69% | $7 861 476 137 |  |
|
| 13 |  TRX |
TRON predictions | 78.4% | 33 | $0.077557 | 2.73% | 7.09% | $7 001 499 350 |  |
|
| 14 |  LTC |
Litecoin predictions | 80.4% | 35 | $90.07 | 2.46% | -2.43% | $6 576 409 941 |  |
|
| 15 |  DOT |
Polkadot predictions | 85.2% | 22 | $5.38 | 2.10% | -0.24% | $6 394 242 854 |  |
