Ethereum Price Prediction: Could the Fed’s Announcement Later Today Push the ETH Price To a New ATH?

ETH has gone down by 3% in the past 24 hours ahead of an important meeting that could set the tone for the next few weeks as the ￰0￱ Reserve prepares to announce its interest rate ￰1￱ another 25bps rate justify a bullish Ethereum price prediction ? The Federal Open Market Committee (FOMC) convened yesterday and will make a decision on interest rates ￰2￱ baseline scenario for analysts is that the Fed will reduce its benchmark rate by ￰3￱ from FedWatch confirms this, as economists give a 99.9% probability to this. Nonetheless, President Donald Trump’s latest unexpected decision to increase tariffs by 100% on Chinese imported goods could prompt the Fed to reconsider and postpone that ￰4￱ unlikely, if this happens, it would be a surprising turn of events that could cause a major drop in crypto ￰5￱ volumes for ETH have increased by 10% and currently account for more than 7% of the token’s circulating supply – a high level compared to historical ￰6￱ Price Prediction: ETH Bounces Off Key Support and Could Rise to $6K Looking at the daily chart, Ethereum has found strong support at $3,800 and has already bounced off this level in the past few ￰7￱ token experienced some selling pressure at $4,200 ahead of today’s ￰8￱ the Fed follows through with the market’s expected 25bps cut, crypto prices should continue to recover, and ETH could soon hit a new all-time high and rise to at least $6,000 as macroeconomic conditions will remain ￰9￱ Trump’s measures could be considered noise, while the Fed’s cut may be deemed the signal for traders to jump back into the market, especially if crypto prices experience a strong ￰10￱ cryptos recover some of the territory they lost lately, top crypto presales like Pepenode ($PEPENODE) still offer the biggest upside ￰11￱ project has raised nearly $2 million in a heartbeat to launch its fun and rewarding mine-to-earn (M2E) ￰12￱ ($PEPENODE) Lets Players Mine Meme Coins with Zero Hardware Mining cryptos no longers requires investing in expensive equipment as Pepenode ($PEPENODE) has launched a new game that allows players to set up virtual mining rigs and earn meme ￰13￱ can launch as many rigs as they want by buying $PEPENODE and upgrade them to increase their ￰14￱ they climb the game’s leaderboard, they will get surprising rewards like airdrops of their favorite meme tokens – ￰15￱ ($BONK) and Fartcoin ($FARTCOIN).

The project also adds a deflationary twist, as 70% of the tokens spent on upgrades will be burned forever to reduce the circulating ￰16￱ the game increases its popularity, the price of $PEPENODE could rise rapidly, meaning that early buyers will reap the highest ￰17￱ buy $PEPENODE before the next price increase, simply visit the Pepenode official website and link up your favorite wallet (e. g. Best Wallet ). You can either swap USDT or ETH for this token or use a bank card to invest.