Nonfarm Payrolls data arrives on October 5. Nearly $40 million worth of altcoin unlocks from October 2 through October 6. The Federal Reserve Chairman Jerome Powell has been repeating the same thing for the past year – the Fed’s decision is data-driven. The Nonfarm Payrolls figure on October 5 will dictate if the Fed will keep interest rates higher for longer or choose to hike.
Now that Bitcoin price has arrived at the $28,138 resistance level, investors need to tread carefully. A flip of the aforementioned level into the support floor has two implications:, investors need to wait to see how BTC reacts to the $28,138 hurdle. Rejection could take BTC $26,000, but a flip of the key hurdle could propel the pioneer crypto to $30,000 and higher. Regardless, traders need to be cautious. According to the TokenUnlocks website, SUI, IMX and DYDX tokens worth $37.
Chainlink price has breached a 15-month resistance level around $7.80, signaling a trend reversal. This move could soon propel LINK to $10. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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