The Bitcoin (BTC) price remains above $60,000 with less than 24 hours until the Fed’s interest rate decision. As altcoins are rebounding, the U.S. stock markets reached new highs today. Let’s examine the current price predictions for XRP, SUI, and ETH from three different cryptocurrency analysts.
Current Situation Overview
The Bitcoin (BTC) price remains above $60,000 with less than 24 hours until the Fed’s interest rate decision. While altcoins are rebounding, the U.S. stock markets reached new highs today. Although the temporary reversal in U.S. markets is positive for cryptocurrency, Bitcoin remains weak as Gold and SPX hit all-time highs.
XRP Price Prediction
As one of the largest altcoins by market capitalization, Ripple aims to dismiss the SEC troubles at its peak. Despite the SEC potentially trying to turn the match in its favor with an upcoming appeal in October, its chances of success appear slim. Ripple executives had previously stated that the SEC would not waste time with appeals. Turning to the price chart, Carl noted in today’s analysis the approaching breakout from a symmetrical triangle formation. If the anticipated upward breakout occurs, we could see new tests at $0.615 and $0.65.
ETH Price Prediction
Ether, the largest altcoin, has also been one of the worst performers, with even ETF efforts failing to yield desired results. Although the medium and long-term outlook remains positive, potential inflation within the coin has caused some setbacks. An analyst known as Crypto Fella shared key breakout levels today. CITE_W_A: 'Ethereum is looking to break the structure and change short-term momentum. In my view, there are two scenarios: We could run to $2,800 in one go and break this level to create a higher peak. Alternatively, we might retest support at $2,100 before the next recovery attempt. If this scenario occurs, we will likely see some slow movements back toward previous levels, which ultimately indicates higher trends.'
Analysts provided interesting predictions for XRP, SUI, and ETH, based on current technical analyses and market trends. The coming weeks will show whether these predictions hold true, but investors should be prepared for possible significant market movements.
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