Crypto Market Sees Uncertainty as Ripple, Stellar, and Ethereum React to Fed Decision

Ripple and Stellar are facing uncertain futures as mixed signals emerge in the market. Ripple (XRP) has managed to hold above the crucial $1.00 support level, while Stellar (XLM) is testing its support at $0.173.

Despite these technical levels, traders should be cautious due to unclear derivatives metrics for both altcoins.

Meanwhile, Bitcoin is trading within a significant price range of $62,000 to $68,000, with the majority of tokens last changing hands in this cluster.

Ethereum (ETH) has seen some movement following the Federal Open Market Committee's decision to keep interest rates unchanged at 3.50-3.75%. The top altcoin climbed above $1,900 on Wednesday, but it remains to be seen how the market will react to the Fed's decision.