PI, XRP, Ton Falls where major economists warn of the American recession

The encryption prices today remained ready, as senior economists warned of a possible stagnation in the United States despite the strong non -agricultural salary lists last week. The price of Bitcoin decreased to $ 94,400, PI (PI) to $ 0.58, XRP to $ 2.17, and Toncoin (TON) to $ 3. All cryptocurrency coins followed by CoinMarkcap eradicated billions of market value as their evaluation decreased to $ 2.95 trillion from $ 3.1 trillion last week.

The encryption prices are located today, while the economist warns of the American recession

The encryption prices fell today after Mark Zandy, head of economics in Moodyz, warned of a possible American stagnation. He reduced his statement from the optimism of the American economy after the publication of the Bls Statistics Office (BLS) Strong non -agricultural salaries lists Data.

He argues that the United States may fall into a state of recession for several reasons. Consumer confidence has decreased by 18.3 points in the past three months, with concerns about definitions continued. Zandy studies show that the economy usually moves to recession if the confidence number decreases by 20 points in a three -month period.

Moreover, he warned that the contraction of 0.3 % in the first quarter was bad if consumers and companies did not strengthen their purchases before the definitions. Therefore, the second quarter is expected to be worse for the gross domestic product of the United States as it slows the spending.

Zandy believes that American job data did not reflect what happened in April. He pointed out that the survey was collected between 6 and 12 April, which means that it was not directly affected by Trump’s Definitions on the day of liberation.

On the positive side, the American recession will be a good thing for encryption prices as it will pay the Federal Reserve to provide more price cuts. It will also re -dilute, while Donald Trump will ask for more stimulus. All of these bullish stimuli will be the highest curls of the encryption market such as the PI, XRP and ton.

PI network analysis: calm before the storm

The price of the PI network remains in a deep unification this month. It is stuck at $ 0.60, a level in which it has remained in the past few weeks, and about 80 % less than the highest level ever.

This monotheism can be part of the Wyckoff theory. Distinguish low sizes and side movements that distinguish the accumulation stage.

Then it is followed by the coding phase, as the demand exceeds the supply. This stage is usually ignited by one catalyst. In the case of PI, the catalyst can be a possible exchange list. HTX alluded from a PI network menu By publishing several posts X with its logo.

The outbreak of the power of the powerful PITLISH network is likely to make the currency to the homogeneous level at $ 1, which is 70 % higher than the current level. An increase in other encryption prices would enhance this view.

The price of XRP decreased to the main support amid the accumulation of whales

At the same time, the XRP price fell to an important support level, as indicated Pisces accumulation. It fell to the lowest level in $ 2.58, coinciding with the underside of the rising trend line. XRP has always increased with double numbers as it decreases to the support level.

The currency is also stuck in the moving average 100 points. Therefore, there is a potential scenario. First, the currency may refresh while bulls target the upper side of the canal. Instead, it may lose support and then decrease to two dollars.

Ton prices analysis as bears prevail

Toncon decreased with other encryption prices on Monday. I moved to the lowest level in $ 3, its lowest level since April 22. In the sign that the bears prevailed, the price of tons also decreased to less than the moving average 100 periods. It constitutes a higher round style, which means that it may collapse to $ 2.78 if the feelings in the encryption market fade.

Crypto Market Eye FOMC decision

The next main engine for cryptocurrency will be the FOMC decision on Wednesday. Analysts expect the bank to maintain fixed prices despite the constant pressure from Donald Trump to reduce them. Most of the coins in the encryption market will rise if the bank indicates a decrease in prices in the future amid American recession concerns.