Fed meeting coverage: Powell, not rates, makes the spotlight
The Federal Reserve will more than likely hold interest rates steady at its May 7-8 policy meeting. Still, all eyes are on Chair Jerome Powell’s comments on the state of the America market, inflation, and the possibility of a recession. Powell will address the press on the Fed’s interest rate decision at 2 PM ET Wednesday.
Markets have nearly ruled out any changes to the federal funds rate this week. The CME Group’s FedWatch tool assigns a 97% probability that the central bank will maintain its current target range of 4.25% to 4.50%. After making three cuts in 2024, the central bank has not touched the rate since last December.
Investors, economists, and policymakers are waiting for Powell’s remarks in the post-meeting press conference to get clues about how the Fed will help America’s economy.
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$SOL $ETH $BTC
📈LONG: $DOGE (1D)
#DOGEUSDT | #DOGE | #Dogecoin
Current Price $0.17
Market Cap $25.87B
Change 1h -0.03% | 24h +4.37%
Analysis:
DOGE looks exciting with its bullish trend line, hinting at a big move up! Holding above this line keeps our gameplan intact. If this trend persists, we could witness a significant rally. Past patterns show potential for substantial gains, so keep an eye on those support levels!
Price Targets:
Aiming for a bold leap, DOGE could target $0.40 if the momentum holds. Beyond that, a stretch goal of $0.60 seems plausible for this potential 200% increase. Keep monitoring the trend line to adjust strategies accordingly. Exciting times ahead for DOGE enthusiasts!
✅Buy and Trade here on $DOGE
{spot}(DOGEUSDT)
🚀IT’A TIME BRAINSTORM: BLOCKCHAIN EDITION! 🚀
Imagine the future of blockchain-fast, global, and unstoppable!
But there’s one magic ingredient: SCALIBILITY
On a scale of 1️⃣ to 🔟, how CRUCIAL do you think scalability is for blockchain’s future?
Is it the secret sauce, or just a nice-to-have?
👇 Drop your hot takes, wild predictions, or spicy memes below!
Let’s see who’s got the boldest vision! 🌍
$BTC $ETH
$BTC is very close to breaking the Gann trend if it closes above the 97,200 area positive, but it needs another close above the 98,000 area, then the target is 99,250 and 100,000, and it is likely to continue after this, i.e. peak times, Federal Reserve news and JP Speech
#TradeStories #PectraUpgrade #MostRecentTrade #MEMEAct #FOMCMeeting
The fact that @ResolvLabs went through lengths to feature everyone's pfp, X link, and have us on a list is megabullish for me.
Usually teams just give a csv or role or something, but these shoutouts, while small, are proof that there's people behind the team and behind the stablecoin.
And people care about people.
Money stays in.
$RESOLV to a billy.
$HIGH Potential Short Alert! 🚨📉
On the 15m timeframe, $HIGH is currently trading at $0.6454, showing a positive movement of +4.67%. The 24h high is $0.7008, with a trading volume of 70.26M HIGH and 44.69M USDT.
✅ Short Alert:
Consider a short entry if #HIGH shows sustained weakness below the MA(7) at $0.6481.
Potential Short Targets:
🎯 $0.6400 (potential immediate target)
🎯 $0.6300 (potential next target, near MA(25))
🎯 $0.6200 (potential further target)
🛡️Important Resistance Level (that could invalidate short idea):
🛡️ $0.6577 (recent high)
🛡️ $0.7008 (24h high - break above could signal continued bullish momentum)
🛑 Stop Loss (for short position):
Consider setting a stop loss slightly above the recent high, perhaps at $0.6585, to protect against further upward movement.
Buy and trade here on $HIGH
{future}(HIGHUSDT)
#TradingSignals #SignalAlert #high