As Federal rate cuts loom, certain cryptocurrencies are drawing significant attention from 0 anticipation building, remarkable growth potential is seen in specific coins come 1 article delves into the promising prospects of XRP , Chainlink , and POL , identifying them as top picks for those looking to capitalize on the upcoming market 2 Market Outlook: Past Trends and Present Levels XRP registered a 5.02% decline over the past month, while the six-month view shows a robust gain of 28.575%. The recent drop contrasts with a strong upward movement over the past six 3 performance highlights fluctuating sentiment, with short-term challenges overshadowed by longer-term 4 trading indicates a modest setback, but the overall six-month rally reflects the coin's ability to recover and build upward 5 price action is testing levels between $2.23 and $3.74.
The nearest support is at $1.43, with resistance at $4.46 and a second resistance at $5.97. Bears have exerted downward pressure as technical indicators show slightly negative 6 is no clear trending direction at the 7 might consider entering near support with a tight stop or selling into strength near the first resistance 8 for a breakout above $4.46 could lead to testing higher barriers, while a failure may provide short-term sellers an exit 9 Climb: Accelerated Growth with Strategic Support and Resistance Chainlink showed strong upward movement in the past month and six months, with gains of 43.46% and 71.47%, 10 price action highlights heightened investor interest and consistent momentum.
A weekly increase of 2.25% reflects a cautious but steady pace within the broader upward 11 the last half-year, LINK has risen from lower levels, driven by sustained demand, establishing a trading corridor that indicates increased market participation. Currently, LINK is trading within a defined range, facing immediate support at $9.12 and resistance at $24.18. Longer-term boundaries are set at $1.58 below and $31.71 12 indicators reveal that bulls remain dominant, but caution is needed as the relative strength index stands at 62.81, approaching overbought 13 for a break above $24.18 could signal further bullish momentum, while a drop toward support may present attractive buying 14 (ex-MATIC): Price Trends, Key Levels, and Trading Ideas Over the past month, POL experienced a modest rise of about 5.70%, while the six-month change shows a drop of roughly 9.30%.
This reflects mixed recent 15 weekly price change held steady at 0%, with the coin trading in a range between $0.17 and $0.25. This movement over time marks a period of minor volatility, where short-term gains contrast with a longer-term 16 current prices, the coin has support near $0.13 and a more critical level around $0.04, while resistance is first observed at $0.30, with a second level at $0.39. Price action within the $0.17 to $0.25 range highlights caution, with bulls showing some strength as indicated by an RSI of 17 trend is not yet clear, suggesting traders consider buying near support and aiming for profits as price nears resistance levels.
Short-term trading ideas focus on maintaining stops just below the $0.13 support and monitoring for a move above $0.30 to signal a potential bullish 18 XRP , Chainlink , and POL are poised to benefit from recent federal rate cuts. XRP's adoption in the financial sector continues to grow. Chainlink's role in providing reliable data for smart contracts positions it well for expanded use. POL's unique features make it an attractive option for investors looking to diversify.
Overall, these three coins have strong potential for notable gains in September. Disclaimer: This article is provided for informational purposes 19 is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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