Fed Chair: First rate cut to be in September PowellThe increase is certain with the statements of . There is no clear roadmap regarding the speed of interest rate cuts and the Fed will decide on this in light of the incoming data. However, investors expect an increase due to reasons such as the melting of excess supply in the market in September, interest rate cuts, and the end of the summer period. This expectation is also consistent with historical data.
ETH Price Prediction
Everyone is expecting a rise but ETH What is the target for? EMA20 at $2,700 and BTC At the time of writing, the price has crossed this threshold as it was above $63,600. Now, with closings above the important resistance level of $2,850, the ETH price needs to test the SMA50 level of $2,984. 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!
ATH route can be entered again above SMA50. This has the potential to support the rally by stimulating demand in the ETF channel. We have also seen the results of delayed institutional support in the BTC ETF process.
BNB Coin September Target
The only crypto to see ATH among major altcoins by market cap BNB Coin It happened and is targeting $700 again. The current price at $586 is above EMA20 and the resistance at $606 should be overcome. If this can be achieved, the $635 resistance, where the sell wall was established before ATH, can be targeted. In the opposite scenario, a drop to $460 can be seen with lower closings at $546.
Solana (SOL) Price Predictions
ETF The rejection was not good for the medium-term performance. However, we are starting to see closes above the EMA20 level, which is a short-term bullish signal. If buyers can stay strong above $147, the SMA50 level of $154 can be targeted. Then, $164 and $189 are on the agenda. future.
Conversely, closing below $147 could lead to a search for a new bottom between $136 and $116.
XRP September Predictions
Closing above $0.6 resumed and BTC price rally was supportive here. Breaking the $0.64 barrier XRP Coincould allow the to test $0.74 again. Conversely, if BTC starts to fall, losses could continue to the SMA50 level at $0.55. This would mean further continuation of the boring move between $0.41 and $0.64.
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.
