Saturday, October 5, 2024
11.2 C
London

Fed Rate Cut Ignites Crypto Surge: How Whales Made $200K Overnight!

The Fed rate cut has sparked a crypto rally. Whales made $200K in just hours. This quick market change caught investors’ eyes, especially those with PEPE, FLOKI, and WLD tokens.

Also Read: Canada Halts Digital Dollar: What It Means for Crypto Investors

How Fed Rate Cuts Influence Crypto Markets and Whale Strategies

Image Source: Watcher Guru

1. PEPE Coin (PEPE) – Bullish Breakout

PEPE’s price chart shows it was trying to break out of a downward triangle.

PEPE faces resistance at $0.00000834. If it breaks through, it could reach $0.00000900. The RSI, at 57.32, suggests more growth is possible. The EMA also supports this positive outlook.

The experts at Telegaon have made this statement:

‘’As per our price forecast, the average price of Pepe Coin can be around $0.000867 in 2035. As per our analysis, the prices of Pepe Coin will continue to grow by finishing some more zeroes in the upcoming years. If the current performance continues, Pepe coin can reach a maximum price level of $0.000923 in 2035. If the community supports the meme coin, the prices of Pepe may surge more than our prediction. However, if there is any bearish trend the minimum price of the Pepe Coin can be down up to $0.000724 in 2035.’’

2. Floki Coin (FLOKI) – Fed Rate Cut Pennant Formation

FLOKI’s chart shows a bullish pennant shape. This pattern formed over several weeks.

Breaking out of this shape could lead to a 255% rally. This is based on Fibonacci extensions. FLOKI aims for $0.0001450 next. Its RSI of 56.60 hints at more price increases.

According to projections from Telegaon, the price could reach $0.00052 by 2024 and continue to rise, potentially hitting $2.21 by 2050:

‘’Meme Coins’ future is uncertain in the long term. However, if we see the current growth, Floki Coin is showing great potential. The year 2050 can end with an average price level of $1.76 in 2050. The minimum price level of Floki Coin can be around $1.43 in 2050. If you have chosen Floki Coin as your retirement plan, you may make some great profit this year. Along with Floki Coin, many meme coins can hit their new all-time high this year. The maximum price of Floki Coin can reach around $2.21 in 2050.’’

Also Read: Top Meme Coins to Buy Now for 2x Gains – Don’t Miss Out!

3. Worldcoin (WLD) – It Has A Descending Wedge After The Fed Rate Cut

WLD’s chart shows a descending wedge. This often signals a bullish reversal.

WLD’s key resistance levels are $2.081 and $2.663. These are based on Fibonacci retracements.

The CVD Futures curve is going down, which means short positions are getting weaker. Open interest stays steady at 38.14 million, suggesting growing bullish momentum.

According to projections from Telegaon, WLD’s price could see significant growth:

‘’Worldcoin can become more valuable in 2030 and it may attract great investment. The year average price of Worldcoin can be around $71.07 in 2030. Along with Worldcoin, many cryptos can hit their new all-time high this year. The maximum price of Worldcoin can be around $75.19 in 2030. If there is a bull rally in 2030 the prices of Worldcoin may skyrocket and surpass our price forecast. The minimum price of Worldcoin can be around $60.25 in 2030.’’

The Fed rate cut has fueled a crypto rally and shown whale strategies. PEPE, FLOKI, and WLD all show promising chart patterns. Investors are watching closely to see what happens next in this fast-moving market.

Also Read: Ethereum Eyes $2800: Is a Major Rally on the Horizon?

Hot this week

CryptoKeying——Real cloud mining platform, get higher returns

As the cryptocurrency market continues to grow, cloud mining...

Bitcoin’s short-term focus – Does this explain changing holder behaviour?

Bitcoin holders shift guard in favor of short-term profit-taking,...

Ethereum in Freefall: ETF Woes, Investor Exits, and Roadmap Concerns Weigh Heavy

Ethereum, the blockchain platform powering a vast ecosystem of...

Nvidia Hit With Crypto Lawsuit From SEC and DOJ

Nvidia has been hit with a combined lawsuit from...

Shiba Inu Rallies 10% in 24 Hours: Will It Reach $0.00002 This Weekend?

Shiba Inu (SHIB), one of the leading meme coins...

Topics

CryptoKeying——Real cloud mining platform, get higher returns

As the cryptocurrency market continues to grow, cloud mining...

Bitcoin’s short-term focus – Does this explain changing holder behaviour?

Bitcoin holders shift guard in favor of short-term profit-taking,...

Ethereum in Freefall: ETF Woes, Investor Exits, and Roadmap Concerns Weigh Heavy

Ethereum, the blockchain platform powering a vast ecosystem of...

Nvidia Hit With Crypto Lawsuit From SEC and DOJ

Nvidia has been hit with a combined lawsuit from...

Shiba Inu Rallies 10% in 24 Hours: Will It Reach $0.00002 This Weekend?

Shiba Inu (SHIB), one of the leading meme coins...

Binance Denies Seizing Palestinian Funds on Israel’s request

Binance Exchange has denied claims that it seized Palestinian...

BRICS US Banks Face $500B in Losses as De-Dollarization Grows

While the BRICS alliance is strengthening its banking system,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img