Bitcoin
BTC$26 346.66

0.59%

Ethereum
ETH$1 592.40

0.82%

Tether
USDT$0.999933

-0.01%

Binance Coin
BNB$211.30

1.21%

XRP
XRP$0.505442

0.68%

USD Coin
USDC$1.000084

0%

The buy-the-dip pattern has temporarily supported stocks and crypto


21 Dec 2021

#Bitcoin

Cryptocurrency market capitalisation rose 3.7% in the last 24 hours, again reaching $2.24 trillion, with almost the entire top 100 coins in green over the past 24 hours. The Cryptocurrency Fear and Greed Index has added 2 points to 27. This is still a "fear level", but the general dynamic over the past few hours suggests that investors are opting to buy with the expectation of a further bounce from these levels.

Bitcoin and Ether have added around 4% in the past 24 hours, managing to move back above the signal levels. BTCUSD is trading above the 200-day average again, while ETHUSD has surpassed $4000.

If we went deeper into the reasons, the rise of the two largest cryptocurrencies was helped by the performance of stock indices, which received support from buyers yesterday, indicating continued demand for risky assets and a desire to buy on downturns.

Despite this morning’s positivity, it is worth noting that the optimism looks somewhat fragile and has little explanation for the fundamentals. Under such conditions, the situation could turn abruptly in a matter of hours, so a fix above $4000 for Ether and $48000 for bitcoin today should be considered a more reliable signal.


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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 90.8% 4 $26 346.66 0.59% -1.73% $513 656 016 235 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 89.6% 6 $1 592.40 0.82% -2.85% $191 454 189 109 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.8% 1 $0.999933 -0.01% -0.03% $83 202 317 322 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 90.4% 4 $211.30 1.21% -2.51% $32 508 023 543 BNB 7 days price change
5 XRP (XRP) XRP XRP predictions 92.4% 8 $0.505442 0.68% -1.15% $26 912 401 662 XRP 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 94.8% 1 $1.000084 0% 0% $25 663 582 993 USDC 7 days price change
7 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
8 Cardano (ADA) ADA Cardano predictions 94% 7 $0.246841 0.96% -2.84% $8 669 738 490 ADA 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 94% 6 $0.061034 0.09% -1.80% $8 615 547 524 DOGE 7 days price change
10 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 86% 17 $0.083387 -0.38% 0.80% $8 478 470 341 WTRX 7 days price change
11 Solana (SOL) SOL Solana predictions 87.2% 23 $19.49 0.08% -1.95% $8 043 301 053 SOL 7 days price change
12 TRON (TRX) TRX TRON predictions 83.2% 20 $0.084716 0.81% 0.44% $7 549 504 083 TRX 7 days price change
13 Toncoin (TON) TON Toncoin predictions 62.4% 79 $2.15 -2.31% -11.41% $7 388 965 662 TON 7 days price change
14 Dai (DAI) DAI Dai predictions 91.2% 1 $1.000435 0.05% 0.02% $5 350 213 017 DAI 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 87.6% 23 $4.07 1.62% -0.92% $5 000 067 072 DOT 7 days price change

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