There are less than 10 days left until the Fed meeting and the market expectation is that there will definitely be a 25bp cut. Cryptocurrencies started to recover again in the new week, with the hope of positive developments regarding the China tension. Alright DOGEBNB, XRP and SOL Coin How many dollars can it reach in the coming days?
Dogecoin (DOGE) and BNB Chart
Meme coin king DOGE It continues the day at $ 0.197 with a 4 percent increase. In 2021, Elon Musk’s nonsense was turning the markets upside down. We have leveled up on this issue in the last cycle, and now the person sabotaging the markets is the US President. This year, investors have experienced constant déjà vu as Trump keeps going back to square one and repeating the same things over and over again.
We have experienced at least 3 declines due to China tension, including a fight with China, secondary sanctions against Russia, and major tariff threats to the whole world. The process we are in is the phase in which tension reaches its peak and prices hit the bottom once again and then recover. If mutual lethal tariffs and export restrictions are not implemented on November 1, cryptocurrencies may experience a significant rise in the last quarter of the year.
dogecoin $0.186739‘to Coming back, the optimism in the first hours of the new week and the potential for good news from the Chinese meetings cause investors to target $0.207 and $0.234. If we are to see a rapid rise, the continuity of appetite will be decisive as $0.255 is exceeded.
BNB Coin It formed a very nice double top and $1,020 was maintained as support. Although we briefly saw a lower wick to the deeper bottom at $850, BNB recovered relatively well. We saw the ATH level move up after hitting a bottom of hundreds of dollars, which you don’t see in almost any altcoin. This reflects the appetite for BNB in the current cycle. $1,146 is very important this week, if the general market sentiment is supportive, the $1,210 and $1,318 range will be targeted again with closes above this level.
XRP and SOL Coin
What do these two have in common? Both passed their ETF approval deadlines and decisions were not made due to the government shutdown. A decision was expected for XRP 2 weeks ago and for SOL Coin last Friday. Although the calendar previously published by Bloomberg ETF analysts indicates this, no one goes to work during the closure period, except for public officials who need to work urgently. And the work of the SEC staff is not seen as that urgent.
At $1.25 on November 26 XRP Coin Trump gave that opportunity to those who missed the opportunity to get it. Although those who acted bravely made good profits, panic sales and billions of dollars of liquidation hurt greatly. Ripple announcing its new billion-dollar investment $2.33 XRP Coin, which has reclaimed $2.4, may soon return to the $2.74 support as the team continues to focus on its long-term goals. This will bring the $2.96 and $3.1 targets back to the agenda.
in decline SOL Coin remained stronger. Due to tokenization, ETF approval, and corporate reserve moves, investors were more enthusiastic about Solana (SOL) during the decline. Now that $188 has been regained, it is possible to target $203 again. Demand above $203 and $214