BTC$37 588.27


ETH$2 031.02




Binance Coin






Crypto seeks support

26 Apr 2023


The cryptocurrency market is down 0.6% over the past 24 hours, falling to $1.15 trillion, as we see reduced volatility and attempts to "buy the bottom". Bitcoin is testing and attempting to hold above its 50-day moving average on Monday and Tuesday.  As it does so, we, for now, see some reduced volatility and attempts to form a local bottom. It could be an attempt to return to buying after a corrective pullback or a consolidation before a new downward impulse. 

Regarding technical analysis, bitcoin's correction will only become a new downtrend when the price consolidates below $26.5K, 61.8% of the upside momentum from the March lows and the bottom of last month's consolidation. According to CoinShares, investments in crypto funds fell by $30 million last week after four weeks of gains. Bitcoin investments decreased by $53 million, while Ethereum rose by $17 million. 

News background 

Significant inflows into Ethereum assets indicate growing investor confidence following the successful implementation of the Shapella update. Crypto winter is over, says Standard Chartered. Bitcoin will benefit from the turmoil in the banking sector and several other factors. By the end of 2024, the price of the first cryptocurrency could reach $100K. 

Twitter analyst PlanB, the creator of the Stock-to-Flow model, expects Bitcoin to grow significantly in 2024 after halving. He calculates that BTC will break through $100,000 and could eventually reach $542,000. In the medium term, BTC could become the world's reserve currency, according to BitMEX co-founder Arthur Hayes. More and more investors are looking to Bitcoin to preserve capital. 

The World Economic Forum (WEF) said Bitcoin mining could significantly reduce greenhouse gas emissions. But only if miners switch to renewable energy sources. Billy Marcus, the creator of the meme cryptocurrency Dogecoin, called crypto investors "mentally disturbed" and NFT buyers "even more unhealthy". He said he stopped investing in cryptocurrencies nine years ago, shortly after Dogecoin was launched.


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Bitcoin’s continued slide down
Bitcoin’s continued slide down
A new round of crypto market mistrust
A new round of crypto market mistrust
Bitcoin holds its range, but pressure mounts
Bitcoin holds its range, but pressure mounts
Bitcoin unlikely to end correction
Bitcoin unlikely to end correction
Bitcoin looks set to take a severe dive
Bitcoin looks set to take a severe dive
Bitcoin set for a deeper correction
Bitcoin set for a deeper correction
Bitcoin falls under pressure
Bitcoin falls under pressure

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 92% 9 $37 588.27 -0.67% 1.67% $735 115 654 559 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 80.8% 36 $2 031.02 -0.10% -0.59% $244 210 296 174 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.8% 1 $0.999863 -0.05% -0.01% $89 269 460 603 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 83.6% 28 $226.43 -0.55% -1.89% $34 349 326 929 BNB 7 days price change
5 XRP (XRP) XRP XRP predictions 80.4% 34 $0.601580 -1.10% -2.45% $32 418 335 056 XRP 7 days price change
6 Solana (SOL) SOL Solana predictions 58% 85 $59.44 -1.07% 4.94% $25 200 375 263 SOL 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 95.6% 1 $1.000042 0.01% 0.01% $24 386 809 921 USDC 7 days price change
8 Cardano (ADA) ADA Cardano predictions 74.8% 52 $0.373975 -1.61% -1.16% $13 203 022 100 ADA 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 78% 43 $0.082244 2.20% 9.42% $11 682 144 103 DOGE 7 days price change
10 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
11 TRON (TRX) TRX TRON predictions 83.2% 23 $0.103437 -0.24% 2.38% $9 158 560 880 TRX 7 days price change
12 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 86% 26 $0.101361 -1.90% 0.16% $8 974 568 197 WTRX 7 days price change
13 Toncoin (TON) TON Toncoin predictions 79.6% 29 $2.41 -1.00% 1.16% $8 275 497 809 TON 7 days price change
14 Chainlink (LINK) LINK Chainlink predictions 69.6% 61 $14.37 -1.40% 1.34% $8 002 523 995 LINK 7 days price change
15 Avalanche (AVAX) AVAX Avalanche predictions 57.6% 89 $21.02 -0.84% 1.90% $7 673 965 985 AVAX 7 days price change

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