The price of Bitcoin rose for the first time in 30 days to the $17493 level
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.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 76.8% | 42 | $61 547.52 | 2.05% | -6.23% | $1 216 355 112 897 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 75.6% | 44 | $2 377.14 | 1.41% | -10.43% | $286 144 526 536 |  |
|
| 3 |  USDT |
Tether predictions | 92.4% | 1 | $0.999827 | 0% | -0.03% | $119 621 314 425 |  |
|
| 4 |  BNB |
Binance Coin predictions | 72% | 51 | $552.57 | 2.29% | -9.08% | $80 637 236 454 |  |
|
| 5 |  SOL |
Solana predictions | 72% | 55 | $141.69 | 4.13% | -9.33% | $66 377 309 590 |  |
|
| 6 |  USDC |
USD Coin predictions | 92.8% | 1 | $1.000075 | 0.01% | 0.03% | $35 554 277 856 |  |
|
| 7 |  XRP |
XRP predictions | 78% | 39 | $0.523869 | 0.75% | -10.99% | $29 632 119 965 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 77.2% | 39 | $0.108274 | 4.50% | -12.89% | $15 832 515 125 |  |
|
| 9 |  TRX |
TRON predictions | 94.8% | 1 | $0.157488 | 2.34% | 1.66% | $13 636 924 478 |  |
|
| 10 |  TON |
Toncoin predictions | 74.8% | 49 | $5.37 | 2.42% | -10.24% | $13 604 227 831 |  |
|
| 11 |  ADA |
Cardano predictions | 75.6% | 42 | $0.353883 | 4.62% | -12.53% | $12 370 494 795 |  |
|
| 12 |  AVAX |
Avalanche predictions | 65.2% | 68 | $25.80 | 6.17% | -14.05% | $10 482 710 259 |  |
|
| 13 |  SHIB |
SHIBA INU predictions | 58.4% | 94 | $0.000018 | 10.05% | -14.68% | $10 324 207 135 |  |
|
| 14 |  STETH |
Lido stETH predictions | 91.6% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 15 |  WTRX |
Wrapped TRON predictions | 96% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 |  |
