The anticipation surrounding the Federal Reserve’s upcoming decision on interest rates has stirred significant interest in the cryptocurrency market, particularly among altcoins. Traders are caught in a debate over whether the Fed will opt for a 25 basis points cut, a more aggressive 50 basis points reduction, or decline to change rates altogether. This uncertainty has given rise to mixed sentiments, ranging from caution to euphoria, while drawing attention to three specific altcoins that are showing promising signs ahead of the pivotal event.
Clearpool (CPOOL) is one such altcoin that investors are eyeing closely. Currently priced at $0.155, CPOOL has experienced a minor decline of 1.2% over the past week and is down 12% in the past month. However, the token has shown resilience with a notable 40% increase over the last three months. What stands out is the strong accumulation activity from top 100 wallets, including mega-holders and whales, which have collectively acquired 25.21 million CPOOL tokens in just the last seven days, valued at approximately $3.91 million. In contrast, exchange balances have dipped by 10.8 million CPOOL, indicating that retail investors and other smaller players may be offloading even as significant holders accumulate.
Technically, CPOOL is also forming an inverse head-and-shoulders pattern, with critical resistance indicated at $0.181 and further resistance at $0.193. A breakout above these levels could project gains toward $0.240. On-chain accumulation data and supportive momentum indicators like the Relative Strength Index (RSI) suggest a bullish continuation for CPOOL, further validating its potential as a key altcoin ahead of the Fed’s decision.
Hyperliquid (HYPE) presents another compelling opportunity as it has garnered attention following Circle’s announcement to extend USDC into its validators. Currently trading near $54, HYPE has remained stable in the past week but reflects a 25% rise over the past month. Although retail investors appear to be selling, with net outflows hitting $101.21 million, larger players seem undeterred, providing a counterbalance. Notably, the Chaikin Money Flow index, which tracks money movement into and out of HYPE, has surged from -0.07 to +0.15 during a recent bull flag consolidation, implying a resurgence of buying interest from whales. The price chart indicates a breakout from this bull flag pattern, with an upside target set around $73, representing a potential 35% increase from current levels.
Cardano (ADA) also remains a focal point in the crypto landscape. Currently priced at $0.87, ADA has experienced borderline movements recently, down 3.6% over the month but maintaining a robust 47% increase over the past three months. On-chain data reveals a significant accumulation by large holders, with those possessing over 1 billion ADA adding 60 million coins since early September. In total, 100 million ADA has been accumulated across various whale cohorts recently, hinting at a strategic positioning for potential price movements linked to the Fed’s announcement. Notably, ADA appears to be forming a cup-and-handle pattern, having broken above the handle’s upper trendline, suggesting that upward momentum may follow. Resistance levels to watch are $0.91 and $0.95, with a confirmed breakout above $0.95 potentially driving the price towards the projected target of $1.17.
As anticipation grows around the Fed’s interest rate decision, these three altcoins—Clearpool, Hyperliquid, and Cardano—are drawing attention for their fundamental and technical strengths, making them attractive prospects for investors amidst market volatility.
