With September nearing its midpoint, we’ve received all relevant data concerning anticipated interest rate cuts. Next month’s September inflation and employment figures are bound to stir excitement. However, these next 15+ days are crucial, particularly due to expectations surrounding rate cuts and ETF approvals. How will LINK, AVAX, PUMP, and WLFI fare during this period?
Projections for LINK and AVAX
The Federal Reserve is expected to make a 75-basis point reduction this year, assuming reports continue as predicted. The tone of the Fed’s announcement on Wednesday is crucial, with investors hoping for a dovish approach. Analyzing the latest charts, a resurgence is seen in most altcoins.
Chainlink
$13 (LINK) exemplifies a well-established “useful cryptocurrency initiative.” Despite providing infrastructure for volumes over $10 trillion, LINK Coin has yet to reflect this value. It’s collaborating with globally renowned financial and economic brands like Swift. Numerous significant partnerships were announced last month, but LINK Coin remains at around $24-$25.

LINK Coin is currently showing stable upward movement similar to other altcoins. Although confidence in a rally is premature without closing above $26.7, the potential exists. Achieving this could push targets to $29-$31, and subsequently up to and beyond $50.

For AVAX, closing above $27.3 opens an opportunity. This level was last observed 223 days ago. Should the bulls continue losing momentum before reaching $32, a return to $27.3, followed by a target of $25.6, might occur.
Focus on PUMP and WLFI
Two newly launched altcoins, PUMP Coin and WLFI, merit attention. In our evaluations of PUMP Coin, we noted anomalous low prices despite abnormal sales. Falling below its pre-sale price of $0.004 seemed unusual.

The anticipated uptick caused the price to bounce from its $0.004 sales range, now fetching $0.061. This positioned investors to absorb at break-even points, spurring them to new highs. An increase to $0.009 seems feasible, with its potential further amplified by a revival in the Solana
$140 ecosystem.

WLFI faced a different journey. Its launch was mired in controversy due to asset freezing and speculative sales of Sun’s assets. Contrary to PUMP Coin, it saw pricing above cost for its unlocked 20% supply during its premarket.
Factoring in the Trump effect, it’s reasonable for prices to hold above cost. Considering future Trump-associated WLFI agreements and USD1’s support, it’s apparent current conditions are dissuading investor sales.
In conclusion, flat moves could unsettle major investors, prompting lower dips, while others remain buyers due to Trump-driven motivation. A breakout is imminent, possibly downward at $0.164 or upward at $0.224 and $0.245. Time will reveal which unfolds first, though upward closes above $0.2615 may trigger abnormal wicks.


