SOL JUMPS 6%, BITCOIN CLINGS TO $ 84K ON DAMPENED RATE CUT HOPES

Bitcoin (BTC) Added 2% in the Past 24 Hours, Data From Coingcko Shows, Touching Nearly $ 84,500. ETHER (ETH), XRP, Dogecoin (Doge) and Bnb Chain’s Bnb Added Between 1%-3%, with Solana’s Sol Leading at 6%.

Down The Pecking Order, Hyperliquid’s Hype Surged 8.5% to Lead Gains Among MidCaps On No Immediate Catalyst. Celestia’s Tia Dumped 4% to Lead Losses, As Selling Pressure on Tokens with A Long Unlock Schedule Is Increase Following Mantra Dao’s Nosydive Earlier This Week.

Powell Mentioned that Fed Needed More Time to See The Effects of Tariffs Play Out in the Global Economy. The Same is Likely to be True of the Economic Effects, WHICH WILL INCLUDE HIGher Inflation and Slower Growth, Hinting at “Stagflation” Activity Alongside Double-Digit Inflation.

“Traders Had Hoping for the Fed To Come In With Early Rate Cuts to Bolster Markets, But It Looks That’s Not Going to Happen Anytime Soon,“ Jeff Mei, Coo at BTSE, Told COPE. “In the Short Term, We Expert Bitcoin to Continue to Trade in the $ 80,000 – $ 90,000 Range Until Wee See More More Clarity On Tariff Negotias and Rate Cuts.”

Elsewhere, Augustine Fan, Head of Insights at Signalplus, Said That Powell’s Remarks Disappointed Doves by Stressing Their Focus on Protecting Against TRIFF-DRIFF-DRIIVEN Rise in Inflation Experts.

“Crypto Traded Water for the MOST Part, Thought Technicals Remain More Constructive in the Near Term As Long as Btc Can Hold Above 81k, with Markets Focused on Details on TRUMPS Well As The Corporate Earnings Season Kicking Into High Gear Starting Next Week, “Fan Said.

Meanwhile, Here’s The Technical Analysis and Patterns Spotted by Machines in the Market Today.

Sol Price Analysis

• Sol ExperienCed A 14.5% Price Surge from $ 119.58 to $ 136.01 Between April 11-14, Followed by a Notable Correction.
• The Overall Range of $ 16.42 Represents A 13.7% of Volatility Span.
• After reaching peak volume Durying the April 12-13 Rally, Momentum Indicators Show Weakening Buying Pressure.
• SOL HAS ESTABLISHED A Descending Resistance Trendline from The $ 136 High.
• Support Has ForMed AROUND $ 126- $ 127, with The 50-Hour MOVING ACTING ACTING AS DYNAMIC REASISTANCE.
• Recent Price Action Suggests Consolidation After the Rally, with Lower Highs Indicating Potential Further Downside if the $ 125.67 Support Breaks.

XRP Price Analysis

• Recent volatility Suggests Xrp May Be Coiling for a Significant Move As It Tests Critical Support Levels Following Dramatic Price Swings.
• XRP ExperienCed A Dramatic Price Surge On April 12-13, Climbing from $ 2.00 to A Peak of $ 2.24 (11.7% Range), Driven by Exceptional Volume Exceeding 240m Durying The Breakut.
• The Rally Establissed Strong Resistance at $ 2.18- $ 2.24, While Forming Support at $ 2.08- $ 2.10.
• Recent Price Action Shows A Bearish Reversal Pattern with Deckling Momentum as Xrp Retraced to $ 2.09, Setting Into A Consolidation Phase.
• The 48-Hour Fibonacci retracement Indicates the Price Has Pulled Back to the 61.8% Level, Suggesting Potential Stabilization, Thought Declining Volumes and The Failure to Hollow ABOD ABOD Near Term.

ETH PRICE Analysis

• Ether ExperienCed Significant Price Valativity with A 7.8% Overall Range ($ 119.72) Between $ 1,546.87 and $ 1.666.50.
• The 48-Hour Analysis Reveals a Bearish Reversal Pattern as Eth Failed to Sustain Momentum After Reaching $ 1,690.16, Subsequently Forming A Double Top Before Declling Sharply.
• Volume Analysis Shows Heighted Trading Activity During Downward Movements, Particularly Durying The April 14th Selloff Where Volume Exceeded 500,000 Units, Indicating Strong Selling Pressure.
• The 50-Hour MOVING AVERAGE AUND $ 1.625 Now Serves as Immediate Resistance, with Key Support Establized AT $ 1,585- $ 1,590.