At the time this article was prepared, the Federal Reserve’s interest rate decision was still pending, and Israel continued its aggressive rhetoric. This scenario pushed the BTC price down to the $103,700 range as markets anxiously anticipated Jerome Powell’s statements post-decision, which could further ignite both excitement and fear. So, what are this week’s predictions for FET, dogwifhat (WIF), MINA Coin, and XLM?
FET and dogwifhat (WIF)
Altcoins have long been overshadowed by Bitcoin $101,535, primarily due to geopolitical tensions and tariff pressures, which consistently dampen risk appetite. Despite these challenges, the ability of BTC to maintain six-digit levels is quite significant. The bulls have plenty of justified reasons for optimism, and as global market pressures ease, cryptocurrencies could finally demonstrate their true potential.
FET Coin stands out prominently among AI-focused altcoins. As OpenAI leads advancements in artificial intelligence, companies like Apple, Google, and others are accelerating their AI endeavors, offering tangible products to their customers and propelling this market. This progress undeniably benefits AI tokens. While short-term bearish trends dominate, the focus should remain on the long-term potential.
Experiencing nearly a 40% loss since late May, this AI token now finds support above the $0.6 threshold. In an adverse scenario, testing $0.54 before the week’s end is possible. Expect significant volatility and potential major breakthroughs this week. Should favorable moves arise from tariff agreements and ceasefire, reclaiming $0.737 could initiate a rise to $0.906. Initial key levels may serve as safe entry points, with substantial growth anticipated once the $1.07 mark is regained.
The current situation is grim for memecoins, and we are unlikely to see a surge in risk appetite before the week’s end. Absent any major positive developments, the WIF price may linger within its current range, with $1 acting as the ceiling. Should BTC fall to $92,000, a swift target shift to $0.60 is likely.
MINA Coin and XLM
MINA Coin is heading towards new all-time lows, with the prolonged negative environment doing it no favors. Despite its technological merits, investor demand is crucial in the cryptocurrency markets. Without a bullish altcoin atmosphere, $0.15 might be tested.
However, closing above $0.189 could propel the price towards a $0.246 base. Overall market sentiment will be decisive here. Having fought off sellers for an extended period and trading below even pre-sale prices, MINA sellers might be weakening.
Lastly, XLM Coin captured attention post-Trump’s election win, experiencing significant gains. It performed similarly to XRP, offering considerable advantages. In a downturn, $0.215 could be tested, while in a favorable scenario, bulls will strive to reclaim $0.295.