Bitcoin
BTC$37 999.52

0.28%

Ethereum
ETH$2 087.03

2.47%

Tether
USDT$1.000108

0%

Binance Coin
BNB$229.00

0.60%

XRP
XRP$0.610895

0.45%

Solana
SOL$60.80

1.23%

The price of Bitcoin rose for the first time in 30 days to the $17493 level


14 Dec 2022

#Bitcoin

The price of Bitcoin rose for the first time in 30 days to the $17493 level. This morning we saw a break above the $17,250 level, which was our resistance in the previous 12 days. For a bullish option, we need a positive consolidation and a hold above the $17250 level if we want to see a continuation of the Bitcoin price recovery. We also need to see a price break above $17500 and a new higher high formation. Potential higher targets are $17750 and $18000 levels. We need a negative consolidation and a price drop to the $17250 support level for the bearish option. A break below could take the Bitcoin price down to the $17,000 support level. Potential lower targets if bearish pressure continues are $16750 and $16500.

Ethereum analysis

Ethereum is once again approaching the $1300 resistance level. Today’s high was at $1299, just below. Now we have a minor pullback to the $1290 level. During December, Ethereum repeatedly tried to make a concrete step and break above $1300, but everything was unsuccessful, and we always saw a pullback. We have a new chance right now, and ETH could use it to its advantage. We need a positive consolidation and a break above the $1300 level to continue the bullish option. Then we need to try to keep up there. If we succeed in that, the potential higher targets are the $1352 and $1350 levels.

For a bearish option, we need a negative consolidation and a price drop to the $1275 support level. A break below would increase bearish pressure leading to a continued pullback in Ethereum price toward the $1250 support level. Additional support at that level is in the lower trend line. A potential lower target if we break below that support is the $1225 December low.


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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 91.6% 8 $37 999.52 0.28% 1.60% $743 176 326 003 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 84.4% 28 $2 087.03 2.47% 0.76% $250 940 118 733 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 95.6% 1 $1.000108 0% -0.01% $89 361 383 812 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 84.8% 26 $229.00 0.60% -2.63% $34 738 394 358 BNB 7 days price change
5 XRP (XRP) XRP XRP predictions 77.6% 34 $0.610895 0.45% -2.05% $32 920 250 746 XRP 7 days price change
6 Solana (SOL) SOL Solana predictions 61.6% 81 $60.80 1.23% 6.16% $25 782 778 428 SOL 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 96% 1 $1.000068 0.01% 0% $24 548 544 676 USDC 7 days price change
8 Cardano (ADA) ADA Cardano predictions 78% 44 $0.380539 -0.17% -3.44% $13 436 086 955 ADA 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 78.8% 45 $0.083736 2.84% 8.64% $11 894 668 878 DOGE 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 92.4% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 TRON (TRX) TRX TRON predictions 85.6% 21 $0.103684 -0.04% 1.38% $9 179 973 425 TRX 7 days price change
12 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 86% 24 $0.102241 -0.94% 0.07% $9 052 152 442 WTRX 7 days price change
13 Toncoin (TON) TON Toncoin predictions 82.4% 28 $2.43 -0.65% -0.25% $8 323 116 435 TON 7 days price change
14 Chainlink (LINK) LINK Chainlink predictions 70.4% 55 $14.57 0.24% 0.77% $8 110 917 522 LINK 7 days price change
15 Avalanche (AVAX) AVAX Avalanche predictions 56% 90 $22.06 3.37% 6.67% $8 056 357 288 AVAX 7 days price change

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