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As negotiations continue, Trump’s indirect remarks refer to ongoing discussions with trade partners, including China. All trading partners aim to finalize these negotiations with Trump, but it’s unclear what his exact vision entails. This uncertainty prolongs the negotiation process and increases market volatility. Current predictions suggest potential price movements for SHIB, BNB, XRP, and ADA Coin.
Insights on SHIB and BNB Coin
At the time of writing, SHIB remains stagnant at $0.0000123, showing no gains. The major meme coin experienced significant setbacks during sales but saw a recovery with double-digit growth 11 days ago. It is currently holding above its recent lows, with bulls maintaining support at $0.0000116, positioning themselves for a potential rally starting post-September 2024.
If an upward movement occurs in the upcoming hours, the target could be $0.00001570. For now, SHIB is expected to hover between this support and resistance while the tariff discussions remain a crucial factor in determining its trajectory.
In comparison, BNB Coin has shown relative strength during this volatile period, avoiding prolonged declines seen last year. The price of $520 is viewed as highly acceptable for investors who bought during bear markets. Currently, it is supported at $578, with upward tests potentially reaching $600 and $640.
XRP and ADA Coin Analysis
XRP Coin continues to attract buyers above the $2 mark, becoming one of the most profitable investments in this climate. Few cryptocurrencies have tested prior lows among the largest altcoins by market cap. Despite briefly dipping to $1.61 this month, completion of ongoing legal matters and developments in the XRPL ecosystem keep bulls motivated.
As long as the $1.98 threshold is maintained, XRP Coin could see new trials between $2.33 and $2.57.
ADA Coin has also begun to secure strong support around $0.6 after its recent dips. Upper tests between $0.66 and $0.7 could occur, and should it return to the second level of support, investors may prepare for a potential journey back to $1.
