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COINTURK NEWS > Technical Analysis > Market Uncertainty Drives Predictions for XRP, PEPE, and Solana
Technical Analysis

Market Uncertainty Drives Predictions for XRP, PEPE, and Solana

In Brief

  • Bitcoin's recent decline reflects uncertainty in tariff negotiations.

  • XRP Coin's support level at $2.20 is crucial for future gains.

  • PEPE and Solana face volatile market dynamics impacting their performance.

İlayda Peker
İlayda Peker 4 weeks ago
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Bitcoin (BTC) $103,188 has decreased to $84,000, and we had warned about this drop earlier due to negative comments regarding tariff negotiations. Although Trump hinted at more exemptions recently, statements from the EU indicated a lack of willingness to reach an agreement. What can we expect for XRP Coin, PEPE, and Solana $172?

Contents
XRP Coin Price PredictionInsights on PEPE and Solana

XRP Coin Price Prediction

While the EU showed a lack of interest in reaching an agreement, positive news emerged from Spain. If we had to summarize the inconsistent situation we have been experiencing for days and weeks, we would use the term inconsistency. Let me summarize recent events to explain the current state of the crypto market.

  • The EU stated that they have made little progress in negotiations with the U.S. and find it hard to understand their stance.
  • The White House Press Secretary announced that there is no obligation to reach an agreement with China, emphasizing that Trump suggests the ball is in China’s court.
  • Trump has expressed openness to an agreement with China.

During this analysis, Spain’s Minister of Finance, Cuerpo, stated the following;

“U.S. Treasury Secretary Bessent sent a message expressing a desire to reach an agreement with the EU on tariffs.”

In such a vague and inconsistent environment, it is not surprising that high-risk assets like cryptocurrencies experience constant fluctuations.

XRP Coin is currently trading at $2.12 amidst these events. As we have often stated, $2.20 is a critical support level, and for XRP Coin bulls to push for a further rise, they need to surpass this threshold. If successful, a test of $2.36 could be on the horizon. As mentioned, any recovery here hinges on the resolution of Trump’s team’s inconsistencies.

Insights on PEPE and Solana

Ethereum $2,560 price is expected to rise, and the largest meme coin on the network, PEPE Coin, is anticipated to follow suit; however, ETH’s price has plummeted. It would be ironic if PEPE lagged in both rising and falling markets, which is why we have seen justified sell-offs. Fortunately, it maintains a base at $0.00000578. The first test point will be $0.00000865, and improved market sentiment could help reach this level.

After testing $136, SOL Coin failed to maintain its position. The recent launch of ETFs in Canada was positive news, but not significant enough to drive it higher in a market with waning risk appetite. Levels of $136 and $148 may be tested if favorable news regarding tariffs arises; otherwise, the target is set at $122.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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İlayda Peker 15 April, 2025 - 10:59 pm 15 April, 2025 - 10:59 pm
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İlayda Peker
By İlayda Peker
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Uluslararası İlişkiler ve Siyaset Bilimi Mezunu, Kitap sever.
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