Altcoin Analysis: Key Altcoins to Monitor Before the Federal Reserve Rate Cut
Wednesday, 18 September 2024, 07:10
Altcoin Analysis Before the Fed Rate Cut
The much-anticipated Federal Reserve rate cut is expected to take place soon, and in light of this, it's essential to monitor altcoins that may benefit from the market shift.
Top Altcoins to Watch
- Aave (AAVE): Recently, AAVE's price has surged by 23%, forming a bullish pattern on the charts. Should it maintain this trend, a rise towards $159.87 is possible.
- Jupiter (JUP): Despite recent declines, the MFI rising implies that buyers could be stepping in to support the price near $0.70.
- Sui (SUI): More analysis on SUI will reveal its potential.
- LayerZero (ZRO): Observing its market response is essential now.
- Fantom (FTM): Keep an eye on FTM for promising movements.
Follow these altcoin performances as the Fed's decision approaches.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.