ETH Price Targets $3,000
BNB Coin Could Test $606 Resistance
Despite BTC Price Rise, XRP Coin Fails to Make Strong Move Above $0.6
With the statements of Fed Chair Powell, it has become certain that the first interest rate cut will occur in September. There is no clear roadmap regarding the speed of interest rate cuts; the Fed will make this decision based on the incoming data. However, factors such as the decrease in excess supply in September, interest rate cuts and the end of the summer season leave investors with an upward expectation. This expectation is also consistent with historical data.
ETH Price Prediction
Targets are rising for ETH. The EMA20 level is currently around $2,700 and BTC is trading above $63,600 at the time of writing. If the ETH price breaks this level, closes above the important resistance level of $2,850 should be observed. In this case, ETH may test the SMA50 level of $2,984. Movements above the SMA50 level could trigger progress towards ATH (all-time high). In addition, the results of the delayed institutional support in the BTC ETF process could also support this rally.
BNB Coin September Target$BNB
BNB Coin, the only cryptocurrency to see an ATH (all-time high) among major altcoins in terms of market value, is targeting the $700 level again. Currently trading at $586, BNB is above the EMA20 level and the resistance level at $606 needs to be overcome. If this resistance is overcome, the $635 resistance, known as the pre-ATH sales wall, can be targeted. Otherwise, the price could fall to $460 with closings below $546.
Solana (SOL) Price Predictions$SOL
The ETF rejection had a negative impact on medium-term performance. However, in the short term, we are starting to see bullish signals, especially closes above the EMA20 level. If buyers remain strong above $147, the SMA50 level of $154 can be targeted. Then, $164 and $189 levels can come to the agenda. Conversely, closes below $147 could lead to new lows between $136 and $116.
XRP September Predictions$XRP
XRP has started closing above $0.6, with BTC’s price rally playing a supporting role here. Breaking through the $0.64 level could see XRP retest $0.74. However, if there is a drop in BTC price, losses could continue to SMA50 at $0.55, which could continue the narrow move between $0.41 and $0.64.
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