Bitcoin (BTC) has fallen back to $60,200 levels at the time of writing and altcoins are paring their gains. The Fed’s interest rate cuts are now definite and after the members’ intense support, 25, 50 and then 25bp discounts and 100bp annual discounts are being priced in by the market. Fed members are also aware of this pricing and are making statements confirming it.
CEEK Coin Price Prediction
The fall in BTC prices may push altcoins to despair again. However, for now, as long as $60,000 is protected, the process may turn into a trap for those looking for a short selling opportunity. The bears, who have been turning every peak into an opportunity for selling for weeks, should be in trouble in one of these or the next upward attempts. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
CEEK Coin It is at $0.0304 and has recently set the ATL level. Continued closes above $0.028 may keep it from seeking new lows. On the other hand, $0.045 will be the target point for a possible rise.
FLOKI Coin Comment
Closes above $0.0000967 reflect bullish appetite. FLOKI Coin Although it is trying to break above $0.000146 for further gains, the long upper wick indicates profit taking. For now, closes above $0.000127 indicate that there is still a possibility for a possible upward bounce. BTC price Depending on performance, mobility may increase here.
XRP Coin Price Target
Having lost $ 0.6 again, XRP Coin may fall to $ 0.58 and $ 0.56. Closing below $ 0.56 may bring a drop to $ 0.5. Although the excitement of the case has diminished for now, the potential for increased volatility due to the news flow continues. If a general rally will begin in altcoins XRP Coin We should see large-cap altcoins like this lead the way.
AVAX Price Comment
Beautiful news came one after another today. Franklin is a $1.6 trillion asset manager and is very active in the crypto space. Now he has expanded his blockchain-based fund to the Avalanche network. This is where he can advertise in the RWA space AVAX A unique opportunity on the front. In the medium term, the story of competing with Ethereum in the RWA field can be supported by the arrival of different players to the Avalanche network.
Grayscale’s trust was the second big news for AVAX today. AVAX should now target $32 with closes above $25.94 hoping that BTC price remains strong.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
