Bitcoin is experiencing growth and is nearing the $117,000 mark, influenced by Trump's plans to nominate a new Fed member. This is expected to attract more investments into cryptocurrencies.
Forecasts for ETH and XRP
The price of ETH is trending towards $3,900, despite slight fluctuations in Bitcoin. It is expected that ETH could surpass the crucial $4,000 level, and a successful breakout might lead to $5,000.
XRP is also showing positive momentum, with targets set at $3.1, $3.33, and $3.55, highlighting increasing interest in cryptocurrencies.
Comments on SOL, BNB, and DOGE
Solana (SOL) has surpassed the $168 mark, and it is expected that the current rise could continue up to $203. BNB is facing correction but targets levels of $810 and $847. Dogecoin (DOGE) is aiming for $0.23, with possible targets at $0.27 and $0.28.
Overview of SUI Coin
SUI Coin, following a recent rise, shows positive activity on the blockchain. It is expected that closing above the $3.7 level could lead to further growth up to $4.16.
The cryptocurrency market is on the rise thanks to news of Trump's nomination and positive forecasts for various coins. However, investors should monitor the behavior of major currencies to assess further risks and opportunities.
