BTC$26 626.63


ETH$1 852.70




Binance Coin


USD Coin




Crypto volatility on our radar as the bears establish signs of control

13 Jul 2021


Excluding Crypto, it's been a fairly quiet affair in markets as traders look ahead to today's US CPI print (22:30 AEST), as well as earnings from Goldman and JP Morgan. I cover the moves and set-ups in the daily Navigating Markets video – take a look.

Banks have outperformed with buying in both names, in whats' been a positive tape for equities – happy to hold a positive bias for now (in equities) and small long in banks and short SPY ETF.

Crypto is moving and a number of bearish reversals have come up on the radar. These need monitoring for follow-through in the session ahead. Ethereum has printed a bearish reversal on the daily and is again testing the 200-day. Bitcoin has also printed a reversal lower and testing the rising trend support, for a possible test of horizontal support 31130 – a close through here and this period of lower vol could be over and things could get a little wild.

Link failed to close above 20, a level I've wanted to see close above, but alas the trade has come to me and has since pushed mid-range. Why have Crypto’s done this? I've no clear reasoning, but Crypto for me is a pure speculative vehicle, so price is the truism and aggregates the collective thoughts of the market. At this point the bulls have failed miserably to state their case and the structure and the sentiment of the market are shifting. A break, close and hold of these lows could set off alarm bells and this period of lower vol in Crypto could be firmly over – stay alert.

US CPI is now in play – my back of the envelope playbook is that we’d need a headline YoY number north of 5.5% to really set this market ablaze, with internal components such as rents, autos and apparel suggesting inflation will stay hot for some time. We know inflation will be transitory, it’s a question of how long it takes for the YoY change to head back to 2%. Banks should fly as nominal bonds yields lift higher and the USD should work well, specifically vs the funding currencies.

A number below 4.5% on the headline print and we should see USDJPY and USDCHF under pressure – Gold is not straightforward, as it really depends on what happens to real rates or bond yields adjusted for inflation expectations. I lay out my Gold trade case in TradingView. I guess things become a little more problematic on a hot CPI print, as Powell will be testifying to Congress not long after and there is no doubt Congressional staff will probe Powell if CPI pushes higher from 5% - this is the forum where communication mistakes are made and markets can erupt.


Cryptocurrencies wait for a signal
Cryptocurrencies wait for a signal
What are dynamic NFTs?: Use cases and examples
What are dynamic NFTs?: Use cases and examples
Shanghai Upgrade Fires Up ETH and Altcoins
Shanghai Upgrade Fires Up ETH and Altcoins
Challenges of data accessibility in the NFT market
Challenges of data accessibility in the NFT market
Is the A.I. revolution about to pump Nvidia stocks?
Is the A.I. revolution about to pump Nvidia stocks?
Five tips for investing during a global recession
Five tips for investing during a global recession
What is NFT ticketing and how does it work?
What is NFT ticketing and how does it work?
The crypto market is cheaper than a trillion again
The crypto market is cheaper than a trillion again
A beginner’s guide to NBA Top Shot NFTs
A beginner’s guide to NBA Top Shot NFTs

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 93.2% 3 $26 626.63 1.00% -0.87% $516 464 609 849 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 92.4% 1 $1 852.70 0.57% -0.88% $222 751 849 771 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.4% 1 $1.000082 0% -0.01% $83 308 309 639 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 91.6% 11 $264.73 1.73% -13.08% $41 259 245 686 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 91.2% 1 $1.000009 0.01% 0% $28 440 495 970 USDC 7 days price change
6 XRP (XRP) XRP XRP predictions 73.2% 56 $0.527114 0.42% 3.72% $27 403 076 118 XRP 7 days price change
7 Cardano (ADA) ADA Cardano predictions 88.8% 7 $0.324988 0.50% -11.23% $11 342 559 631 ADA 7 days price change
8 Lido stETH (STETH) STETH Lido stETH predictions 92% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 88.8% 8 $0.067988 0.78% -5.23% $9 497 028 333 DOGE 7 days price change
10 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 73.6% 51 $0.077603 0.68% 3.24% $7 890 342 183 WTRX 7 days price change
11 Solana (SOL) SOL Solana predictions 89.6% 16 $19.03 0.73% -8.01% $7 576 221 922 SOL 7 days price change
12 Polygon (MATIC) MATIC Polygon predictions 85.6% 16 $0.782857 1.43% -12.13% $7 272 328 244 MATIC 7 days price change
13 TRON (TRX) TRX TRON predictions 75.2% 49 $0.077825 1.34% 3.80% $7 015 200 066 TRX 7 days price change
14 Litecoin (LTC) LTC Litecoin predictions 78.4% 38 $88.60 -0.41% -6.51% $6 476 473 067 LTC 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 90% 6 $5.03 -0.02% -3.69% $5 997 807 752 DOT 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2023

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.