Donald Trump finally gets what he wants as the Federal Reserve starts lowering interest rates, with strong signals given by Powell today. However, Trump is not entirely pleased as he desires hefty cuts of around 100 basis points, an extent the Fed is currently unprepared for. This shift in policy is likely to result in significant ETF inflows and an optimistic weekend for altcoins. So, what are the forecasted values for LINK Coin and XRP by the weekend?
Chainlink (LINK) Price Forecast
Stocks managed to recuperate their weekly losses on the last day, with the DJIA reaching a record high and bond yields dropping amid near-certain rate cuts. Powell emphasizes labor market constraints, hinting that the Fed might not wait to hit its inflation target before easing rates, yet chooses not to leverage the Producer Price Index (PPI) to maintain current rates. Such restraint hints at a sympathetic stance towards crypto bulls.
Ethereum 
$2,323 nears a record, hitting $4,859, progressing into price discovery territory with just a $10 leap from its daily peak. Projects that generate utility, like Chainlink 
$9 (LINK), are likely to stand out in this phase. Recent moves from the Chainlink team, including the Reserve staking initiative, align with current trends and appear highly appealing given the rapid expansion of reserves.
Consequently, with robust ETF flows, LINK Coin could surpass $30 by the weekend. The $27 mark has already proven crucial, and retaining above it could potentially push the peak to $30.9, followed by a rise toward new highs near $59.
Ripple (XRP)
With the lawsuit resolved, Ripple 
$1 accelerates its growth through acquisitions and awaits ETF approval, though its price is yet to recover the $3.1 support. XRP saw a positive rebound from $2.86. For XRP bulls, reaching targets of $3.1 and $3.33 is critical, with $3.6 as the next major milestone, paving the way to potential all-time highs.
Ethereum’s stability is crucial for broader altcoin rallies over the weekend. Recently, an analyst shared the chart below, stating:
Ethereum is trading between its all-time high ($4.8k) and previous cycle peak ($4.1k) over the last two weeks. I believe these levels are crucial for the short to medium term.
A move towards new all-time highs will revive risk appetite and likely attract new individual investors to the market.
Returning below $4,100 could dampen short- to medium-term momentum, potentially delaying further gains to the fourth quarter. The retest was successful for now, so let’s see the drive towards higher levels.
