As the US stock markets edge towards the end of the trading day, anxiety is palpable due to the potential volatility resulting from Donald Trump’s anticipated actions. Although the European Union has made strides in discussions with Iran, Bitcoin (BTC) prices reflect unease, showing a downward trend as investors brace for what lies ahead.
What Could Happen with DOGE?
The weekend looms with expectations of heightened volatility. Should Trump opt for an aggressive stance after the markets close, a rapid drop in values could follow. Iran’s demonstration of missile technology, capable of bypassing air defenses, underscores a critical threat to US bases in the region. The pressing question: Is the US prepared to risk these installations?
Iran has issued stern warnings that any attack on its nuclear facilities will invite severe retaliation. In terms of timing, any delay by Trump may point to a strategic decision to act when markets are closed, potentially minimizing immediate fallout, but increasing uncertainties for the following week.
Despite forecasts, it is conceivable that a feared attack may not transpire today, though the possibility remains. Meanwhile, positive outcomes from China-Geneva negotiations earlier sent cryptocurrencies upward, hinting at the erratic nature of global influences.
The upcoming weekend poses two possible scenarios: US intervention might lead to significant market disruptions, or maintained peace with Iran might foster a marginally bullish state. The aim for DOGE stands at $0.18, but substantial rises appear unlikely over the weekend.
– A possible decline might see DOGE hitting between $0.129 and $0.088 if it fails to sustain $0.163.
– Substantial volatility is foreseen with declines, but bullish trends would show milder gains.
Challenges for SUI and PEPE Coin?
For PEPE Coin, bleak prospects hover without a notable recovery in Ethereum (ETH) values. Weekend panic selling could drive it below $0.00000867, ushering in a fall to levels around $0.00000742. However, a favorable rebound might propel it back to $0.0000104.
SUI Coin remains in a tough spot, having suffered nearly a 40% drop over 39 days. If market closes under $2.77 continue, dips towards the $2.28 mark could manifest.
In parallel, Bitcoin holds firm at $103,150. As Fed member Daly is set to speak, mixed messages from various members today add further ambiguity. While Waller mentioned potential rate cuts, Barkin highlighted ongoing risks, which casts doubt over Daly’s upcoming commentary.
