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 | 85.6% | 24 | $62 120.17 | -2.87% | -6.38% | $1 223 246 558 798 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 79.6% | 38 | $3 179.04 | -4.25% | -1.38% | $388 017 507 228 |  |
|
| 3 |  USDT |
Tether predictions | 92.8% | 1 | $1.000049 | 0.07% | -0.07% | $110 568 300 286 |  |
|
| 4 |  BNB |
Binance Coin predictions | 88.4% | 19 | $584.86 | -2.41% | -3.23% | $86 318 507 632 |  |
|
| 5 |  SOL |
Solana predictions | 64.4% | 75 | $136.18 | -4.72% | -9.95% | $60 911 902 561 |  |
|
| 6 |  USDC |
USD Coin predictions | 92.8% | 2 | $1.000099 | 0.01% | -0.02% | $33 517 878 347 |  |
|
| 7 |  XRP |
XRP predictions | 71.2% | 61 | $0.501466 | -4.39% | -6.67% | $27 698 910 215 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 65.2% | 74 | $0.144711 | -3.20% | -10.19% | $20 850 016 841 |  |
|
| 9 |  TON |
Toncoin predictions | 67.6% | 62 | $5.23 | -5.39% | -15.44% | $18 172 106 618 |  |
|
| 10 |  ADA |
Cardano predictions | 62.8% | 73 | $0.448973 | -5.87% | -12.20% | $16 002 808 268 |  |
|
| 11 |  SHIB |
SHIBA INU predictions | 62.4% | 82 | $0.000023 | -6.88% | -14.40% | $13 776 409 293 |  |
|
| 12 |  AVAX |
Avalanche predictions | 64% | 82 | $33.09 | -5.23% | -15.08% | $12 532 209 713 |  |
|
| 13 |  WTRX |
Wrapped TRON predictions | 84% | 18 | $0.120042 | -0.44% | 7.64% | $10 510 441 633 |  |
|
| 14 |  TRX |
TRON predictions | 85.6% | 21 | $0.119705 | -1.07% | 6.98% | $10 480 891 259 |  |
|
| 15 |  STETH |
Lido stETH predictions | 94% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
