Record-breaking Crypto Prices Shaken by Inflation Data
Main Idea
The article discusses price predictions and market behavior for cryptocurrencies SOL, BNB, XRP, and AVAX, highlighting key support and resistance levels and potential future movements.
Key Points
1. SOL Coin must hold the $189 support level to avoid dropping to $173 or $165; surpassing $203 could resume its rally.
2. BNB Coin is attempting to breach new all-time highs, with $1,000 seen as a near-term target, supported by Binance's market volume.
3. XRP Coin faces macroeconomic pressures but could rally past $3.33 if it maintains above $3.1, with potential boosts from interest rate cuts and ETF developments.
4. AVAX struggles to stay above $50, with critical support at $27 and potential further declines to $22.49 or lower if it fails to hold key levels.
5. The article emphasizes the importance of monitoring real-time updates due to increased market volatility.
Description
The day began with potential records for cryptocurrency until inflation data intervened. SOL and BNB face key support levels, with fluctuations driven by investor sentiment. Continue Reading: Record-breaking Crypto Prices Shaken by Inflation Data The post Record-breaking Crypto Prices Shaken by Inflation Data appeared first on COINTURK NEWS .
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