Goldman Sachs’s estimation that the Fed will download interest three times for 2025 may be a harbinger of a new wave of rise in the crypto currency market. Crypto currencies, which are among the risky assets, are directly affected by such interest rate cuts. More liquidity and decreasing interest environment leads investors to alternative assets, but serious movements can be seen in the Altcoin market. In this process, there are 4 powerful Altcoins you need to get on your radar: XRP, BNB, Toncoin (ton) and Shiba Inu (Shıb). Here are the details…
XRP: Altcoin candidate that can recover with interest rate reduction
The XRP managed to stay above $ 2, especially in spite of recently challenging market conditions. Despite the intense sales pressure, the strong stance of the price shows that in case of recovery, XRP may be one of the pioneers. In addition, the double bottom (double-bottom) formation in the hourly graph points to a potential rise.
The al signal on the MACD indicator strengthens the likelihood of this rise. If XRP breaks this formation, the price is possible to reach $ 2.46 in the short term. With the expectations of interest rate reduction, this target can be supported by a wider audience.
BNB: BNB Chain is also gathering the price while growing up
BNB Coin continues to give strong signals with both network activity and price movement. The latest data show that the transaction volumes on BNB Chain have increased significantly and the number of users increases by 56 %. This growth has already begun to be reflected directly on the price of BNB.
From a technical point of view, Awesome oscillator has passed to the positive side. However, RSI still shows that a certain sales pressure continues. If the rise acceleration persists, the next target of the BNB may be $ 682, which corresponds to the Fibonacci 78.6 level. The new capital flow that will occur after the interest rate reduction can facilitate this goal.
Toncoin (ton): route of whales this altcoin
The ton has left behind most subcoin in the market with an increase of 5.5 %in the last 24 hours. The most important factor that triggered this rise was whale mobility. According to Intothblock data, major transactions reached $ 34 billion last week. This data reveals the interest of corporate and high -volume investors to ton.
This powerful whale mobility shows that the rise for Toncoin may continue. In particular, the markets are focused on Fed’s interest rate cuts, while tons of resistant coins continue to be the favorite of investors. Technical signals also support that the rise tendency can continue.
Shiba Inu (Shıb): Will he be the silent hero of the ascension?
Although the price of SHIB has experienced a small decline in the short term, there are remarkable developments in the background. Especially in the last 24 hours, Shıb’s burning rate increases by more than 700 %and shows that the supply began to fall rapidly. As the supply decreases, it may be inevitable that the price will move upward with demand.
The Falling Wedge formation in the graph gives a strong rise signal. The output from this formation may mean a price increase of up to 79 %for SHIB. If the market is alive with the Fed interest rate cut, Shıb may be the hidden star of this rise.
