The days passed quickly, and the Fed meeting date has arrived. Now, cryptocurrency investors are waiting for that decision. Equally important is the US inflation data for May, which will be announced on Wednesday. If the data is positive like the PCE, it can neutralize the recent Non-Farm Payroll and wage increase data. So, what levels can be tested for ETH, BNB, and SOL Coin in the coming days?
Ethereum (ETH) Price Prediction
The SEC will soon announce the launch date and approvals for the ETH ETF. The approval of S-1 Forms is expected to cause new fluctuations in ETH prices this week. After the final forms, the SEC will provide feedback, ensuring the forms take their final shape after one or two adjustments.
What are the possible stops for the fluctuating ETH price, depending on ETF and macroeconomic developments? ETH, finding support at $3,676, struggles to overcome the $3,730 barrier. Although the EMA20 is maintained by the bulls, the moving average is flattening, and the RSI is approaching the neutral zone. If $3,600 is lost, sales could deepen to $3,374.
In the opposite scenario, overcoming the barrier will bring $4,094 and $4,868 targets into focus.
BNB Coin Price Prediction
The popular altcoin, which started to fall from $722, has retreated to $635. While the price was still close to $700, we particularly highlighted the risk of the price retreating to this breaking point during the US market opening on Friday. The expected happened, and the price, lingering above the breaking area, seems to have hit the bottom for now. If a real jump is seen from here, it can refocus on the $722 and $775 targets.
If there is no jump, a new downward movement towards $560 and $536 is expected.
Solana (SOL) Commentary
Solana, one of the biggest competitors of Ethereum, has not been as eager as BNB Coin for a long time. However, both have tested their final resistance points many times on the way to ATH. While BNB Coin succeeded, SOL Coin did not. On June 7, the price fell below the critical $162 region, potentially experiencing new drops to $157 and $140.
If it returns to closing above $164, the targets will be $176 and $188 resistances, followed by $205, one of the last stops before ATH.
