Crypto prices were largely flat ahead of the Federal Reserve’s interest rate decision on September 20th. Analysts say the crypto market could experience some upside volatility if the Fed holds steady and possibly pencils in a further rate hike, followed by the expected pause.
Dogecoin (DOGE) is currently trading near $0.062, a price level close to the 20-day exponential moving average (EMA). DOGE bulls have to battle for control above the said hurdle to reclaim $0.08. If not, the crypto could slip back to the $0.053 support level.
Polkadot (DOT) is struggling with downside pressure and has made lower highs and higher lows since breaking lower from near $4.80 in late August. Bears are in control and DOT/USD recently touched its lowest price since the crash in late December 2022. The area around $4.00 offers immediate support, but sellers could still target $3.90. A breakout above the 100 SMA ($4.80) could spark fresh upside momentum with the key hurdle being around $5.50.
