#PUDGY Pudgy Penguins Price Prediction: PENGU Plunges 54% A | User- El145 on Binance Square

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#PUDGY Pudgy Penguins Price Prediction: PENGU Plunges 54% After Launch As This Vote-To-Earn Meme Coin Presale Surpasses $7 Million..

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Bitcoin Could Hit $91k If Bears Take Over As the tensions grow, Bitcoin struggles above $94,000. With an intraday pullback of 0.61%, the Bitcoin price is currently at $94,200. The 50-day and 100-day EMA lines give a bullish crossover. However, the MACD and signal lines give a negative crossover. As Bitcoin loses momentum, the risk of a steeper correction grows. Based on the Fibonacci levels, the downfall suggests a Bitcoin price prediction of $87,653. Ethereum Price Prediction Targets Sharp Correction To $1,577 Amid the rising bearish influence, Ethereum is on the verge of retesting $1,755. The Supertrend indicator warns that a breakdown under $1,755 will start a new bear cycle. Binance Token Under $600 to Experience Steeper Correction The Binance Coin price prediction suggests a possible retest of $554, followed by $531. However, in case of an unlikely trendline breakout, the BNB coin price could reach the immediate resistance at $637. Bearish Streak in XRP Price to Break $2, Sellers Target $1.79 XRP price records four consecutive bearish days, accounting for a downfall of nearly 5%. Currently, the XRP price struggles to hold above the $2 psychological level as the selling pressure grows. The MACD and signal lines have given a negative crossover. With the altcoin within a falling channel pattern, the bears will likely test $2. In case of an extended correction, the XRP price trend could hit $1.79. Dogecoin Price Prediction Warns Near 10% Crash The biggest memecoin in the industry, Dogecoin, has recently breached a short-term support trendline, signaling a potential correction ahead. The extended correction, the breakdown rally, has breached the $0.17 mark. As the selling pressure grows, Dogecoin price prediction warns of a retest of the $0.1524 support level. This will account for a downside risk of nearly 10%. Solana Price Trapped in Triangle, Sellers Eye $140 As the market turns volatile, Solana is stuck within a symmetrical triangle pattern. However, the increasing bearish influence warns of a major crash in Solana.

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Unchanged Rates To Crash Markets U.S. and Crypto Alike The upcoming Federal Open Market Committee meeting on May 7 will discuss the possibility of a rate cut in the US market. However, the FedWatch tool suggests a 98.2% chance that the current rates will remain unchanged. As the rates are expected to remain unchanged, reduced market liquidity and investor risk appetite could lead to short-term corrections. Uncertainty in Dow Jones Index Warns of Correction Ahead The Dow Jones, the US index of the top 30 companies listed on the US Stock Exchange, witnessed a slowdown on May 5, creating a doji candle. The uncertainty in the market kept the Dow Jones slightly above $41,000.

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Crypto Price Predictions: Will BTC, ETH, BNB, XRP, SOL, SUI, and DOGE Crash Before FOMC Meet? The markets grow tense before the FOMC meeting as BTC and top altcoins’ price prediction signals a potential crash amid tightening liquidity. Global and crypto markets brace for volatility as the FOMC is expected to hold rates steady, signaling prolonged liquidity stress. Bitcoin, Ethereum, and top altcoins flash bearish signals, with key indicators like MACD, EMA, and Fibonacci pointing to deeper corrections. Altcoin market shows heightened risk exposure, as BNB, XRP, DOGE, SOL, and SUI approach crucial support zones amid broader sell-off fears. With nearly 24 hours left for the Federal Open Market Committee (FOMC) meeting to discuss Fed rates, the global and crypto markets’ price predictions are turning extremely bearish. As the U.S. and broader crypto markets witness a short-term correction, the increased tensions before the FOMC meeting are likely to result in a steeper correction ahead.

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#FOMCMeeting FOMC Meeting Expectations Ahead of the FOMC meeting on May 7, 2025, the market outlook is cautious but anticipates potential movements. There is a 94% chance the Fed will maintain the 4.25%-4.50% federal funds rate, with a hawkish stance possibly pressuring crypto prices. Bitcoin may test $91,500–$92,000 support, and holding above this level could signal a recovery toward $100,000. High volatility is expected due to macroeconomic uncertainty, with a possible dip early in the week before a potential rebound if dovish hints are given. The persistent 2.6% core PCE inflation and a 60% recession probability could dampen risk sentiment, affecting Bitcoin and altcoins. Political pressures, including Trump’s push for rate cuts and tariff policies, may raise concerns over Fed independence but could boost Bitcoin as a hedge. The key focus will be on Powell’s press conference for any signals on rate cuts in June and comments on tariffs, which could trigger a crypto rally if dovish tones emerge.

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