The crypto market is rebounding after the US Federal Reserve cut interest rates for the first time in four years. Bitcoin surpassed $62,000, and altcoins showed significant growth.
SUI (SUI)
The SUI token continues a bullish trend following a falling wedge pattern breakout on the daily chart. Surpassing the psychological mark of $1, the token price rose by 75% over the last 18 days. The bullish trend surpassed the 50% Fibonacci level at $1.30 and is ready to challenge the 67.80% level at $1.488. It's expected that the token will reach the 1.618 Fibonacci level at $3, equivalent to a 126% increase.
Popcat (POPCAT)
The meme coin Popcat shows a bullish trend, surpassing the psychological mark of $0.85. Yesterday Popcat rose by 18.93% and continues growing with an intraday increase of 3.92%, currently at $0.87. The triangle breakout pattern on the chart indicates further growth and reaching the next psychological resistance at $0.90. The following critical resistance levels for Popcat are $1.16 and $1.39, equivalent to a 60% increase.
PEPE (PEPE)
The PEPE token prepares for a trend reversal, forming a wedge inside a larger falling channel pattern. Over the last three days, PEPE showed a 10% increase, surpassing the merged 50 and 200-day EMAs. The RSI line on the daily chart is upward, exceeding the midpoint. A breakout above the $0.0000010 level could lead to further growth up to $0.00000165, equivalent to a 112% increase.
The crypto market rebound after the US Federal Reserve cut interest rates presents new opportunities for investors. Altcoins SUI, Popcat, and PEPE show significant growth and are worth considering for further investment.
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