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The market is about to post a dip this week, looking at how assets have been performing today. As of writing, TRON (TRX) and Binance Coin (BNB) have been on a downward trend for the last 24 hours. Though the fall had stabilized, these coins were still bearish as of writing.
So what can the TRON (TRX) and Binance Coin (BNB) holders expect this week? There are several scenarios that might play out in the coming days. These scenarios are a bullish coin and a bearish performance.
This is the weekend FED is meeting, and one of the expectations is that the growing inflation might be put on an upward adjustment. This means that we are likely to see the market experience a sell-off. Or the shock might not be felt at all, and the market will be on an upward trend.
Therefore, TRON (TRX) And Binance Coin (BNB) can expect these coins to post a decline in price due to the growing selling pressure in the next few days. This has been the case most of the time when rates are increased. Therefore, before the weekend, investors can expect the coin to post a decline.
However, if the market will withstand the hawkish FED, then we are looking at TRON (TRX) And Binance Coin (BNB) maintaining stable price growth this week. These are the most probable outcome.
However, crypto experts are mentioning a bunch of coins that might post good prices this week. The Centcex (CENX) and the Bitgert (BRISE) are some of the coins that have done very well in the market over the last few weeks.
Unlike Binance and TRON, the performance of the Bitgert and Centcex coins is expected to remain stable if the market hits a bear run. But if the market will be able to withstand the hawkish FED, then we are looking at bullish Centcex (CENX) and the Bitgert (BRISE) coins.
The Centcex (CENX) and the Bitgert (BRISE) have also been some of the best-performing coins in the market for the last few months. That's why they are both green in 2022, when most of the coins are deep in the red.
Therefore, Centcex (CENX) and Bitgert (BRISE) might be some of the best buys in the market this week.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
