The Federal Open Market Committee (FOMC) is about to make a decision that could send shockwaves through the financial world. With a rate cut widely anticipated, experts are predicting a bullish surge for top cryptocurrencies like Litecoin (LTC) and Cardano (ADA).
But the real game-changer could be a newcomer: IntelMarkets (INTL), an AI-powered trading platform poised for a staggering 1212% increase. It is a revolutionary platform that uses AI to outsmart the market and drive massive gains. Let’s zoom in further.
FOMC Decision: Litecoin’s (LTC) Path to $100
With a speedier blockchain and lower transaction fees than other cryptocurrencies, Litecoin (LTC) is still among the top 20 cryptocurrencies by market capitalization. There’s a rising buzz about its potential because of its low transaction fees of around $0.01 and the intriguing idea of Litecoin ETFs.
Looking ahead, thoughts on the price of Litecoin (LTC) differ. Some experts anticipate a calm year, with prices remaining reasonably constant. This can be a sign of Litecoin (LTC) entering a consolidation period as its gains are cemented.
While others believe Litecoin (LTC) will have a more thrilling and volatile future. Elliott wave analysis suggests that in terms of trading, the LTC/USD pair may rise to its prior high of $68.00 in the following week.
Furthermore, it is anticipated that the Federal Open Market Committee (FOMC) will declare a rate decrease during its meeting on September 17–18, 2024. There is a good chance that the Federal Reserve will lower the federal funds rate by a good margin. If this occurs, there will be significant profits for the broader crypto market and a clear path to $100 for Litecoin (LTC).
ADA’s Price at a Crossroads: Fed Decision Holds the Key
Due to a dramatic decline in the number of active addresses, Cardano’s (ADA) price is now under pressure. After reaching a six-month high of 54,800 addresses on September 6, the count has dropped to only 24,900, signifying a sharp decline in user activity.
This decrease occurs despite ADA’s most recent increase of $0.34. Nonetheless, a bearish MACD divergence suggests that a decline towards $0.30 may occur soon. The $0.33 mark has significant liquidity, which might cause the price of ADA to drop.
Today, the Federal Reserve is expected to drop its benchmark interest rate for the first time since the Covid-19 outbreak began. A lowering in the central bank’s federal funds rate acts as a benchmark for other borrowing rates across the economy.
Although investors have long anticipated that move, they have been unable to forecast the exact size of the decrease, with some estimating a 0.5% reduction and others a 0.25% one. If this occurs, Cardano’s (ADA) price trajectory might reverse, and the cryptocurrency could rise sharply to $1.
Is IntelMarkets (INTL) the Next Crypto Gem? Massive Gains Potential
In addition to Cardano (ADA) and Litecoin (LTC), which are predicted to have enormous price rallies following the FOMC rate cut, IntelMarkets (INTL) is predicted to lead the way with gains of 1212%.
IntelMarkets (INTL), is an AI-powered trading platform, which analyzes more than 100,000 data points for smarter trading and provides real-time insights using blockchain technology powered by AI. Additionally, for better market access, IntelMarkets (INTL) provides trading robots. Rapid market analysis and identification of the best entry and exit points are provided by this AI-robot, Intelli-M technology.
Conversely, Autopilot Trading Robots are enabled by Rodeum AI to execute trades according to user-specified risk and leverage. With each transaction, these machines get better and adjust to the shifting market.
IntelMarkets (INTL), which is priced at only $0.018 in Stage 2, presents a fantastic opportunity with launch gains of up to 1,000% anticipated. With more than 10% of the tokens sold, the presale momentum is one of its kind, raising over $300k already. The prices in the following round are anticipated to skyrocket, making it the best time to invest.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.
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