🧙‍♂️Arbitrum (#ARB ) dropped below its listing price ($0.50 | Crypto De Nostradame on Binance Square

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Bullish

🧙‍♂️Arbitrum (#ARB  ) dropped below its listing price ($0.50).

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Crypto analyst reveals 5 altcoins he is following this week! 1- (FTM) Deutscher highlights Fantom ($FTM ) as an altcoin to watch and thinks it has even greater upside potential. The popular altcoin gained 20 percent last week, outperforming both Bitcoin and Ethereum. This rise comes due to upcoming developments, including the highly anticipated Sonic. FTM currently has a market cap of $1.59 billion. Its 24-hour trading volume is $265 million. 2- Mantra ($OM ) Mantra (OM) continues to remain on Deutscher's radar, gaining 27 percent after its strong performance last week. Known for its DeFi features, Mantra has shown steady growth and continues to show promise, especially in light of macroeconomic factors such as the upcoming interest rate cut. OM has a market cap of $886 million as of the writing of the news. The 24-hour trading volume is $10.24 million. 3- Sundog (SUNDOG) Sundog increased by 30 percent last week and continues its positive momentum. According to Deutscher, Sundog outperformed other altcoins in its portfolio. According to the analyst, the real excitement could come if Sundog surpasses its all-time high (ATH). SUNDOG currently has a market value of $322 million. Its 24-hour trading volume is $100 million. 4- LayerZero (ZRO) Zero (ZRO) stands out as the best choice in Deutscher's interoperability systems. He mentions two important factors for ZRO's potential: token distribution and the fact that no tokens will be unlocked until July 2025. These factors are quite important in price stability. ZRO currently has a market value of $447 million. The 24-hour trading volume is $121.05 million. 5- Foxy (FOXY) Although Foxy is rising more slowly than other cryptocurrencies, Deutscher believes the pair will hold firm during declines. FOXY, whose next resistance is 54 percent away from current prices, may rise as the Linea airdrop approaches. #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto

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Analyst Solana (SOL) warned: “A 42 percent drop is possible!” Cryptocurrency analyst Alan Santana believes that the Solana (SOL) price could fall to $80. One of the frightening developments for Solana (SOL) is a “Death Cross” formation that may soon form. This formation, which signals a downward movement, means that the 50-day exponential moving average (EMA) will fall below the 200-day EMA. For traders and analysts, the Death Cross is a warning that a significant decline may occur. The popular altcoin SOL has attracted attention with its performance over the past year. However, the course of the market has naturally undermined Solana. SOL, which has never been able to overcome the $ 138 resistance, poses a danger in terms of both price and technical indicators. On the technical side, the Moving Average (MACD) indicator gives some hope. The MACD indicator, which shows the buy-sell ratio, reassures Solana investors for now. Although the general trend is downward, the MACD shows that the short-term downward momentum may weaken. According to the formation in question, SOL may rise if it protects $ 124 as support. If the major coin manages to maintain this level, it may stop the selling pressure and start a recovery trend. However, falling below $ 124 may trigger significant selling pressure. The $ 120 level has been a strong support point since March 2024. Breaking this support may push the parity to even steeper declines. Alan Santana, known for his cryptocurrency analysis, warned about Solana. Santana stated that Solana, which performed well in 2023, was inadequate in 2024. The analyst stated that the recent increases in trading volume were sales-oriented and shook the SOL price. Alan Santana said, “I think the price could drop by 42 percent and drop to $ 80.” #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto

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Bitcoin (BTC) time is up: Fed interest rate decision is on the horizon. The Fed interest rate decision on September 18 seems to determine the fate of Bitcoin (BTC). Bitcoin could rise to $65,000 after the expected interest rate cuts this week. However, analysts believe that US election uncertainty will negatively affect cryptocurrencies. According to Australian crypto trading firm Zerocap, Bitcoin could test $53,000 or make a sharp rise to $65,000 after the Fed's interest rate decision on September 18. Jonathan de Wet, chief investment officer of Zerocap, told Cointelegraph that the market currently estimates that there is a 62 percent chance that the Fed will cut interest rates by at least 50 basis points. With the change in expectations, the Bitcoin price had moved towards $60,000 on September 13. Wet believes that it is difficult to predict price action due to uncertainty about the impact of the rate cuts, and that the US elections in November are further complicating matters. “Given that the Fed has waited so long to make its first cut, Zerocap is leaning towards a 50 basis point expectation rather than a 25 basis point expectation,” Wet said. The latest data from CME Group’s FedWatch Tool shows a 62% chance of a 50 basis point rate cut on September 18. The upcoming rate cuts have been the source of heated debate in the market, with many analysts divided on whether the upcoming rates will be bullish or bearish for risky assets such as cryptocurrencies. Historically, investors are expected to turn to riskier assets due to the reduced financing costs following rate cuts. However, some analysts believe that if the economic contraction that followed similar rate cut cycles in 2001 and 2007 were to occur today, the opposite effect could be seen. Experts are much more concerned about the recession turning into a financial crisis. #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto

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Arbitrum (ARB) bull run finally begins: The target is too high! Arbitrum (ARB), which is closely followed by the Turkish crypto ecosystem, has finally given a bullish signal. Arbitrum, one of the leading names in Layer-2 projects, had not been able to rise for a long time. The popular altcoin, which has been struggling with selling pressure due to BTC's failure to stay above $ 60,000, Layer-2s remaining in the background and its tokenomics, has finally blinked at the rise. ARB, which has been in a downtrend since April 1, has recently broken and started preparing for the bull run. Arbitrum, which has been pricing in a downtrend since April, has now broken its chains. The Layer-2 altcoin, which jumped on the downtrend on September 9, has not yet made the expected explosion. However, the technical view supports the rise of Arbitrum. Downtrend breaks usually indicate an uptrend. The popular altcoin, which left $ 0.50 behind on September 9, is currently showing a sideways price movement. Bitcoin staying below $ 60,000, increasing $BTC dominance or the lack of interest in Layer-2s may push ARB to decline. The fact that the parity is currently at low levels may make it difficult to determine the support level. $ARB investors can follow the exact numbers as support in this process. For example, since the $ 0.40 and $ 0.30 levels can serve as psychological support, a reaction can be expected from these levels. The loss of the recent low of $ 0.46 will be a harbinger of greater declines. #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto

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