The Fed is about to cut interest rates, and the market storm is coming! The current three major potential coins are ready to go!
Take Solana (SOL) as an example. It is struggling to stay above $120, and the 20-day moving average acts as a resistance level, preventing it from moving towards $140. This week, SOL faced fierce volatility, with buyers defending support levels and sellers trying to push the price below $120. Although SOL experienced selling pressure on Friday, the price once fell to $131, but eventually rebounded to $139.
As the weekend arrived, sellers took control of the market, and SOL fell 1.41% on Saturday, and the decline widened to 4.20% on Sunday, closing at $131. On Monday, although buyers struggled to prevent the price from falling below $130, they could only achieve a small increase.
Dogwifhat (WIF), currently trading between $1.40 and $1.60, buyers and sellers are still fighting for market control. On Friday, WIF once broke through the 20-day moving average, but quickly fell back due to increased selling pressure. After a volatile weekend, WIF fell back to $1.50 and rose slightly on Monday, but is facing selling pressure again in the current trading session.
Toncoin (TON), which is struggling to break through the $5.60 resistance level, fell to $5.81 on Friday as demand dried up. Despite a rebound at the beginning of the week, it is still facing huge selling pressure and is slightly down in the current trading day. If TON can break through $5.60, it may test $6 again, but if the sellers continue to exert pressure, it is possible to fall to $5.30 or even lower.
