The Fed will announce its new interest rate cut decision today and it is expected to make a 25bp cut. Cryptocurrency investors are more excited than ever before while waiting for the messages to be given here. Once the decline in inflation subsides, the Fed may pause interest rate cuts in future meetings. So what are the price predictions for AVAX, ETH and LTC?
AVAX and Ethereum (ETH) Comment
ETH price By overcoming the resistance at $4,100, it signaled that it would set sail for new peaks years later. Despite the recent decline, investors are not hopeless because up periods have always been like this. While the price goes up two steps, it comes back one step. While 2 years ago we were talking about whether the ETH price would make a new bottom below $ 800, today we can talk about the resistance of $ 4,100.
ETH price It tested the resistance level with an interval of 10 days and as long as it maintains the $ 3,800 threshold, we may see new tests. The important thing here is that each new test weakens the resistance and when the $ 4,100 threshold is exceeded, a new movement targeting $ 6,000 begins.
If $3,800 is lost, we may see a new attempt at $3,518 here. The $0.0369 support in the ETHBTC parity has been lost and the rise against BTC should now start from here.
Avalanche 
$46.8 (AVAX) It fell to $46.4 and despite many attempts, $54 could not be exceeded. If the decline continues, a new retreat may be seen between 43.9 and 40.2 dollars. Depending on the road map that the BTC price will follow in the coming days, we will see either a new resistance test or a retreat to support areas.
Litecoin (LTC) Review
It has been a while for those who want to trade in short-term fluctuations. LTC It offered a good environment. The price, which has been fluctuating between 116-130 dollars for days, should now get rid of this stuck. Here, if the $ 116 support is lost, we can see that the support in the $ 105-100 range is retested.
A deeper correction could continue to $82, but the price, which rose 126% after the US election results, did not make such extravagant gains. This is also in old altcoins (XRP And ISLAND If we consider the serious rallies experienced, this means that we may see prices above $ 200 when it is LTC’s turn. As a matter of fact, we saw prices of 113 dollars last year as well. Compared to its rivals, LTC has lagged behind while several of them have moved up the ATH level.
Disclaimer: The information contained in this article does not constitute 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.
