|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Ethereum (ETH) and ThorChain (RUNE) Are Altcoins to Watch Ahead of Fed Rate Decision
Sep 19, 2024 at 12:38 am
Today is the day we've all been waiting for—September 18th, when the Federal Reserve (FOMC) will announce its decision on interest rates
After a long anticipation, today, September 18th, the Federal Reserve (FOMC) will announce its decision on interest rates. This announcement is set to impact the markets, particularly as we approach the next phase of the crypto bull run.
According to the latest updates, there has been a shift in expectations regarding the rate cut. Initially, there was a 37% chance of a 25-basis point cut; however, now there is a 63% chance of a larger 50-basis point cut. Some politicians are even advocating for an emergency 75-basis point cut, although this seems improbable given the continued rise in the stock market.
Ahead of this significant event, an analyst on Crypto Banter’s Kyle Doops Show highlighted several altcoins that might experience substantial price movements.
Ethereum Levels to Watch
The analyst stated that if Ethereum manages to break above $2,443 in the ETH/USD pair, it would indicate a potential shift in the market structure. The market is forming a possible higher low, suggesting that a bullish move might be on the horizon.
RUNE: Major Developments and Price Movement
The founder of ThorChain (RUNE) recently obtained approval to operate a fully licensed fund with self-custody for RUNE. This development is significant as it enables fund management and node operation in a decentralized manner.
The analyst is observing a potential W-formation in the price chart, which could lead to higher targets around the $6 level. During the next phase of the market cycle, RUNE is widely regarded as one of the top contenders.
Other Altcoins to Watch
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- 9 Altcoins That Could Do A 100X In The Next Crypto Bull Market, According to Linton Worm
- Sep 24, 2024 at 12:15 am
- Like many, crypto analyst Linton Worm expects that the next crypto bull market will begin in October 2024. This has prompted the move to be prepared
-
- Chainlink (LINK) Price Prediction 2023: Will Cross-Chain Innovations Drive Its Price Beyond $12?
- Sep 24, 2024 at 12:15 am
- Chainlink (LINK) has drawn attention due to its regular token unlock events. Despite a recent increase in circulating supply from the 18.75 million LINK tokens unlocked (worth $215 million), on-chain data suggests the possibility of a price rally. History shows that LINK has often seen upward momentum after unlocks, with seven out of the last eight events resulting in gains.
-
- POPCAT, BRETT, and FLOKI: Top Meme Coins with Huge Potential Are Currently at Crucial Levels, Making Them Worth Watching
- Sep 24, 2024 at 12:15 am
- Analyzing these coins further could provide valuable insights into potential future movements.
-
- Pepe Unchained (PEPU) Plans Turbocharged Layer-2 Network for Meme Coins
- Sep 24, 2024 at 12:15 am
- Pepe Unchained (PEPU) is the talk of the crypto market right now. This new project has already raised $14.7 million in presale, outshining most other early-stage cryptos. With big plans for its own blockchain in the works, can PEPU be the next big meme coin of 2024?
-
- Bitcoin Keeps Improving Its Position – $70K A Strong Possibility
- Sep 24, 2024 at 12:15 am
- The crypto market has been turbulent in the last two months. However, we are slowly moving away from this trend. Over the last week or so, almost all major tokens have surged in price – This change in dynamics happened thanks to the FED's decision to cut interest rates last week, which boosted the economy and the crypto market as well.
-
- GoodEgg (GEGG), Cardano (ADA), Solana (SOL) Poised for Significant Movements in Q4 2024
- Sep 24, 2024 at 12:15 am
- As we approach the final quarter of 2024, the cryptocurrency landscape is heating up with heightened bullish sentiment surrounding some of the top digital assets in the space. GoodEgg (GEGG), Cardano (ADA), and Solana (SOL) are three cryptos poised to see significant movements as we head into October, November, and December. But with each of these cryptocurrencies offering different value propositions, which one will reign supreme by the end of the year?
-
- Cryptocurrency Prices Stay Flat as Traders Adopt Wait-and-See Approach After Fed Decision
- Sep 24, 2024 at 12:15 am
- Bitcoin (BTC) rose to a multi-week high of $64,741 and then quickly pulled back to $63,377 while Ethereum (ETH) rose to $2,680.
-
- Bitgert (BRISE), PEPE Coin (PEPE), and Solana (SOL) Predictions for 2024
- Sep 24, 2024 at 12:15 am
- The 2024 bull season is fast approaching and could take off at any time. However, there is much speculation around the cryptocurrency market
-
- CYBRO Defies Market Headwinds, Empowering DeFi Investments with Smart AI Solutions
- Sep 23, 2024 at 10:25 pm
- CYBRO is revolutionizing the DeFi landscape by harnessing the power of artificial intelligence to maximize earning potential on the Blast blockchain.