Global, Crypto Markets Cautious

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Business & Economics

Crypto Price Predictions: Will BTC, ETH, BNB, XRP, SOL, SUI, and DOGE Crash Before FOMC Meet?

Summary

Nutrition label

65% Informative

FOMC meeting on May 7 will discuss possibility of a rate cut in the US market.

FedWatch tool suggests a 98.2% chance that the current rates will remain unchanged.

Bitcoin , Bitcoin , ETH , and top altcoins flash bearish signals, with key indicators like MACD, EMA , and Fibonacci pointing to deeper corrections.

Altcoins BNB , XRP , DOGE , SOL, and SUI approach crucial support zones amid broader sell-off fears.

The SUI price prediction warns of more than a 14% correction.

Supporting the chances of a 200-day EMA re-test, the MACD and signal lines have given a negative crossover.

How low could Bitcoin and Ethereum prices go if the correction continues? - Florida Dumps Bitcoin Reserve Bill; Is State-level Crypto Adoption Losing Momentum ? - Tether Mints $8 billion USDT in short time, Crypto Market Rally soon? - BlackRock Bitcoin ETF Inflows Shoot to 5,613 BTC, $ 100 K recovery soon?.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful