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