Bitcoin
BTC$27 207.37

1.65%

Ethereum
ETH$1 852.61

0.99%

Tether
USDT$1.000337

-0.02%

Binance Coin
BNB$309.10

0.59%

USD Coin
USDC$1.000049

0%

XRP
XRP$0.473689

0.06%

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

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