Bitcoin
BTC$66 266.68

-0.94%

Ethereum
ETH$3 069.96

-1.45%

Tether
USDT$1.000015

-0.03%

Binance Coin
BNB$573.56

-0.66%

Solana
SOL$170.08

-1.32%

USD Coin
USDC$1.000049

-0.04%

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 88% 17 $66 266.68 -0.94% 8.24% $1 305 490 361 745 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 85.2% 20 $3 069.96 -1.45% 4.83% $368 777 281 152 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 95.2% 1 $1.000015 -0.03% 0.04% $111 436 570 690 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 91.2% 8 $573.56 -0.66% -3.69% $84 650 187 012 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 75.6% 39 $170.08 -1.32% 18.13% $76 352 430 219 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 93.6% 1 $1.000049 -0.04% 0% $33 487 887 490 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 90.4% 9 $0.509357 -2.25% 1.84% $28 161 835 251 XRP 7 days price change
8 Toncoin (TON) TON Toncoin predictions 68% 66 $6.30 -1.74% -9.67% $21 884 257 140 TON 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 80% 31 $0.148791 -2.68% 5.50% $21 479 269 779 DOGE 7 days price change
10 Cardano (ADA) ADA Cardano predictions 87.2% 22 $0.470058 -2.74% 7.41% $16 771 733 008 ADA 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 76.8% 42 $0.000024 -3.81% 6.88% $14 043 228 203 SHIB 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 78.8% 38 $35.64 -4.04% 7.20% $13 643 445 853 AVAX 7 days price change
13 TRON (TRX) TRX TRON predictions 82.8% 27 $0.121215 -1.55% -4.48% $10 599 236 160 TRX 7 days price change
14 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 84.4% 25 $0.120981 -2.03% -4.45% $10 578 781 709 WTRX 7 days price change
15 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 86% 17 $66 238.99 -1.00% 8.22% $10 299 935 916 WBTC 7 days price change

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