$USDC
The $USDC pair is expected to experience some fluctuations, but the overall sentiment is neutral. The Relative Strength Index (RSI) is signaling a flat 50 level, which opens the room for both upside and downside possibilities.
Key Support and Resistance Levels:
- _Major Support:_ 1.24-1.30 range
- _Resistance:_ 1.29 level
- _Short-term Support:_ 1.2770 region
- _Short-term Resistance:_ 1.2800 mark
Some analysts predict that the #USdollar will be bought if expectations for US rate hikes rise, which could support the $USDC pair. However, others note that the pair may continue to trade sideways due to signs of persistent inflation limiting the Federal Open Market Committee's scope to pursue a less restrictive policy.
Keep in mind that these predictions are subject to change and should not be taken as investment advice. It's essential to do your own research and consider multiple sources before making any investment decisions.