According to the futures market for Fed Funds Rate, there is an expectation of an additional 25 basis points rate hike in July.
However, following the latest inflation data, the likelihood of another rate hike before the year's end has considerably diminished.
Market assessments indicate that the Federal Reserve's actions thus far have been deemed sufficient.
Given the current trajectory, it is anticipated that the crypto and stock market will soon reach new record highs.
Can see the VWAP switched as whales started taking profits, Stoch/RSI cooling a bit, and money flow trickling down, we want this to turn around, need that Friday push otherwise we're retesting 31k and hoping that holds, otherwise do we make a run for 30k again?
Careful out there with those longs on $XRP we need to flip the resistance zone around .87 -.9 to support, lots of liquidity and sell pressure here @Ripple#Crypto
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