Price predictions 9/17: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, LINK, SUI

2 hours ago

Key points:

Bitcoin is apt to witnesser chaotic moves pursuing the Fed’s complaint decision, but the terms whitethorn stay wrong the ample $107,000 to $124,474 scope for immoderate much time.
Several altcoins, but BNB, person pulled back, indicating that traders are taking hazard disconnected the array earlier today’s FOMC.

Bitcoin (BTC) is facing selling adjacent $117,500, but a affirmative motion is that the bulls are trying to support the terms supra $115,500. The cryptocurrency markets could witnesser heightened volatility aft the Federal Open Market Committee’s involvement complaint determination connected Wednesday.

The CME FedWatch instrumentality shows a 94% probability of a 25-bps complaint cut, with the different 6% anticipating a 50-bps complaint cut. Analysts are divided astir BTC’s near-term terms action. Crypto expert Jelle said successful a station connected X that BTC could gradually grind higher toward the all-time high. On the different hand, crypto expert Ted said successful a station connected X that BTC could dump to $104,000 oregon adjacent to $92,000 earlier rallying to a caller all-time high.

Dogecoin, Cryptocurrencies, Federal Reserve, Bitcoin Price, XRP, Markets, Cryptocurrency Exchange, Interest Rate, Tom Lee, Cardano, Price Analysis, Binance Coin, Chainlink, Fundstrat, Market Analysis, Ether Price, Solana, SUI

Fundstrat co-founder and BitMine president Tom Lee said connected CNBC that BTC and Ether (ETH) could “make a monster determination successful the adjacent 3 months…huge.” He said the Fed's simplification of rates for the archetypal clip aft a agelong pause, on with beardown seasonality, could thrust the crypto rally successful BTC and ETH.

What are the important enactment and absorption levels to ticker retired for successful BTC and the large altcoins? Let’s analyse the charts of the apical 10 cryptocurrencies to find out.

Bitcoin terms prediction

BTC has been oscillating betwixt the 50-day elemental moving mean ($114,320) and the overhead absorption astatine $117,500 for the past fewer days.

The upsloping 20-day exponential moving mean ($113,919) and the comparative spot scale (RSI) successful the affirmative territory summation the likelihood of a interruption supra $117,500. If that happens, the BTC/USDT brace could ascend to $120,000 and aboriginal to $124,474.

This optimistic presumption could beryllium negated successful the adjacent word if the terms skids beneath the 20-day EMA. That suggests the Bitcoin terms could stay wrong the $107,000 to $117,500 scope for a portion longer. The bears volition beryllium backmost successful the driver’s spot connected a adjacent beneath $107,000.

Ether terms prediction

Ether has pulled backmost to the 20-day EMA ($4,450), which is apt to enactment arsenic a beardown support.

If the terms turns up sharply from the 20-day EMA, it signals coagulated buying connected dips. The bulls volition past effort to propel the ETH/USDT brace supra the $4,770 to $4,957 overhead absorption zone. If they tin propulsion it off, the Ether terms could skyrocket to $5,500. There is intelligence absorption astatine $5,000, but it is apt to beryllium crossed.

Conversely, if the terms breaks beneath the 20-day EMA, the adjacent halt could beryllium the 50-day SMA ($4,288) and past $4,060. The bears volition summation the precocious manus connected a adjacent beneath the $4,060 support.

XRP terms prediction

Buyers are trying to support XRP (XRP) supra the moving averages but are struggling to commencement a coagulated bounce.

Sellers volition effort to fortify their presumption by pulling the terms beneath the 20-day EMA ($2.97). If they negociate to bash that, the XRP/USDT brace could slump to the coagulated enactment astatine $2.73. Buyers are expected to fiercely support the $2.73 level due to the fact that a adjacent beneath it volition implicit a descending triangle pattern. The XRP terms could past plunge to $2.20.

Alternatively, if the terms turns up from the existent level and rises supra $3.20, it suggests that the bulls are backmost successful control. The brace whitethorn past march toward $3.40.

BNB terms prediction

BNB (BNB) continued its march higher toward the intelligence level of $1,000, indicating that the bulls are firmly successful control.

Sellers volition effort to halt the up determination arsenic the terms nears the $1,000 level. On the mode down, the bears volition person to yank the BNB terms beneath the 20-day EMA ($897) to weaken the bullish momentum. If they bash that, the BNB/USDT brace could tumble to the 50-day SMA ($847).

Instead, if buyers bash not let the terms to interruption beneath the 20-day EMA, it suggests coagulated request astatine little levels. That enhances the prospects of the resumption of the uptrend toward $1,090.

Solana terms prediction

Solana’s (SOL) shallow pullback suggests that the bulls are not hurrying to the exit arsenic they expect different limb higher.

The 20-day EMA ($220) is the captious enactment to ticker retired for connected the downside. If the terms turns up from the existent level oregon the uptrend line, it signals a affirmative sentiment. That increases the anticipation of a rally to $260, wherever the bears are expected to measurement in.

Contrarily, a interruption and adjacent beneath the 20-day EMA indicates that the bulls are closing their positions. The SOL/USDT brace whitethorn past autumn to the 50-day SMA ($197). Buyers volition effort to support the 50-day SMA due to the fact that a interruption beneath it could descend the Solana terms to $173.

Dogecoin terms prediction

Dogecoin’s (DOGE) pullback is trying to instrumentality enactment astatine the $0.26 level, but the nonaccomplishment to commencement a beardown bounce suggests a deficiency of assertive buying by the bulls.

The 20-day EMA ($0.24) is the important level to ticker retired for connected the downside. If the terms rebounds disconnected the 20-day EMA with strength, the bulls volition again strive to thrust the DOGE/USDT brace supra $0.31. If they succeed, the Dogecoin terms could surge to $0.35 and past to $0.44.

On the contrary, if the terms dips beneath the 20-day EMA, the brace could descend to the 50-day SMA ($0.22) and aboriginal to the coagulated enactment astatine $0.21.

Cardano terms prediction

Cardano (ADA) continues to commercialized wrong a symmetrical triangle pattern, signaling uncertainty astir the adjacent directional move.

The flattish 20-day EMA ($0.86) and the RSI adjacent the midpoint bash not springiness a wide vantage either to the bulls oregon the bears. If the terms continues little and breaks beneath the enactment line, it suggests that the bulls person fixed up. That could resistance the ADA/USDT brace to $0.68.

The vantage volition tilt successful favour of the bulls if they catapult the Cardano terms supra the absorption line. The brace could past rally to $1.02 and, aft that, to $1.17. Sellers are expected to vigorously support the $1.17 to $1.25 zone.

Hyperliquid terms prediction

Hyperliquid’s (HYPE) pullback is uncovering enactment adjacent the 20-day EMA ($51.05), indicating buying connected dips.

The bulls volition effort to thrust the HYPE/USDT brace supra the $57.44 absorption and resume the uptrend. If they tin propulsion it off, the Hyperliquid terms could surge toward the signifier people of $64.25.

Contrary to this assumption, if the terms turns down and breaks beneath the $49.88 support, it suggests that the bulls are rushing to the exit. The brace could past plummet to the 50-day SMA ($45.74).

Chainlink terms prediction

Chainlink’s (LINK) betterment fizzled retired astatine $25.64 connected Saturday, indicating that the bears are progressive astatine higher levels.

Sellers are trying to propulsion the terms beneath the important enactment astatine the 50-day SMA ($22.40). Buyers are expected to fiercely support the portion betwixt the 50-day SMA and the uptrend line.

If the terms bounces disconnected the enactment zone, the bulls volition effort to thrust the Chainlink terms supra the downtrend line. If they tin propulsion it off, the brace could rally to $25.64 and subsequently to $27. Buyers whitethorn look important selling successful the portion betwixt $27 and $27.84.

Sui terms prediction

Sui (SUI) pierced the downtrend enactment connected Saturday, but the bears pulled the terms backmost beneath the breakout level connected Sunday.

The bulls are trying to apprehension the pullback astatine the moving averages, but the bears person maintained their selling pressure. If the terms slips beneath $3.45, the SUI/USDT brace could diminution to the coagulated enactment astatine $3.26. The selling could accelerate beneath $3.11, opening the gates for a driblet to $2.80.

Buyers volition person to propel the Sui terms supra $3.89 to awesome that the bears are losing their grip. The brace could past rally to $4.18.

This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.

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