The cryptocurrency market is experiencing a renewed surge in altcoin activity while Bitcoin
$78,121 maintains its strong stance. Traditionally, weekends witness lower trading volumes, often giving rise to unusual rallies during bullish periods. With the Federal Reserve meeting approaching, the article highlights the key levels to monitor for SHIB, XRP, and ADA coins during this time.
SHIB and Ripple (XRP)
XRP Coin has overcome its previous challenges, marking its all-time high. However, the bullish sentiment persists. Progress in market recovery and strategic partnerships bolsters long-term growth expectations. XRP Coin’s future looks optimistic after securing the significant $3.1 support level.
Ripple
$1’s pivotal indicator, RLSUD, continues to grow. With a circulating supply of $729 million and a trading volume of $106 million, the current metrics are satisfactory. Yet, the absence of support from major centralized exchanges poses a challenge.
Results of billion-dollar acquisitions on the XRPL network should soon materialize. Discussions about Ripple’s public offering could support further growth. It’s crucial for the XRP Coin team to enhance their reserves. Anticipated ETF approvals in October and November might influence investors to maintain the price above $3, driven by short-term profit expectations.

If the anticipated weekend rally occurs, the price might spike to $3.38, with a further target of $3.6—a projection frequently referenced by Martinez.

SHIB, which had shown little movement for 220 days, is now beginning to animate. It is attempting a steeper attempt, promising if successful. The major altcoin could test the $0.00001718 resistance if it closes above $0.0000139.
Cardano (ADA)
ADA Coin, which maintained its $0.83 level for a long time, has returned to its expected target of $0.91. Like SHIB, ADA Coin is reclaiming key support levels. It is important to observe reactions above $0.98. A sustained rally towards $1.15 could be seen if short-term investors do not initiate profit-taking.

Meanwhile, BTC continues to attract buyers above $116,000.



