Jakarta, Pintu News – The question of whether President Donald Trump will fire Jerome Powell, Chairman of the Federal Reserve, is a hot topic that has the potential to shake up the US financial markets.
Trump has expressed dissatisfaction with Powell several times due to his reluctance to lower interest rates despite inflation showing a decline.
This anxiety is driving speculation in the crypto market, with some tokens showing significant growth potential.
Here are 3 blue chip cryptos in the spotlight!
Ripple is becoming one of the attractive alternative cryptos to buy due to several positive catalysts in its favor. The SEC is expected to approve the Ripple (XRP) ETF, and the company has just acquired Hidden Road which will be integrated into the Ripple ledger.
In addition, Ripple (XRP) could also potentially get a significant boost after settling its long legal battle with the SEC. With a falling wedge pattern forming, the price of Ripple (XRP) is expected to surge all the way to this year’s high of $3.4.
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Binance Coin is one of the top crypto tokens to consider. In terms of fundamentals, Binance Coin (BNB) is scheduled to have system updates in April and June. The token has also emerged as a major competitor to Ethereum and Solana .
Binance Coin (BNB) also benefits from regular token burns, as well as the formation of cup and handle patterns that are often followed by strong price increases. In this case, the token price could rise to the psychological point of $1,000.
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Pepe Coin , a meme coin that is considered a blue chip crypto, is showing signs of recovery. The token has formed a double-bottom pattern at $0.000005860 after previously forming a falling wedge pattern which is an accurate reversal pattern.
Pepe Coin (PEPE) is also showing bullish divergence with most oscillators starting to rebound and pointing upwards. As such, the token is expected to continue rising as buyers target the double bottom neckline at $0.00000922.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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