Crypto Prices Face Potential Double-Digit Drops Ahead of Fed Decision on Rate Hikes
• Bitcoin price could drop 12% to $52,985 - $59,005 weekly imbalance zone before reclaiming its all-time high.
• Ethereum price likely to fall 10% to $3,013 support level before becoming attractive for buyers again.
• Ripple price faces 11% drop below ascending trendline, potentially declining to $0.55 support level.
• Volatility has increased across crypto markets ahead of Fed interest rate decision on Wednesday.
• If Fed pauses rate hikes, increased risk appetite could spark a crypto market rally.