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Despite a slight increase in altcoin prices today, Bitcoin 
$103,131‘s failure to reclaim the $86,000 mark signals negative sentiment. Furthermore, with volumes weakening, we are likely to see even lower trading activity in the next two days. This situation alone is enough to demoralize altcoin investors, especially as we approach mid-March without any progress on customs tariffs.
General Cryptocurrency Commentary
The United Kingdom has not retaliated on customs tariffs, but a trade agreement remains unsigned. Larger customs tariffs affecting everyone will come into effect on April 2. President Trump has repeatedly stated there will be no turning back from this point.
Consequently, it is probable that negativity will persist strongly until April 2. On the other hand, the likelihood of a compromise is diminishing as days pass. Despite being mid-March, the EU has announced its retaliation decision, asserting that the U.S. is not inclined to negotiate. Canada has temporarily backed off its energy measures, but once April rolls in, they may reinstate those plans. Overall, weakness may continue for cryptocurrencies. Additionally, the upcoming Fed announcement next Wednesday could prompt investors to remain cautious during this traditionally negative week.
XRP, SOL, and CEEK Coin Updates
In the first section, we discussed a prevalent weakness in the market. Therefore, we should keep an eye on potential pullback points. For XRP Coin, there may be news of a settlement with the SEC by the end of March, which could limit selling pressure. However, current support levels stand at $2.20 and $2, with a potential drop to $1.92 in more significant sell-offs.
SOL Coin has seen a 10% increase today. Although there is a slight recovery after heavy selling, the price has yet to regain the $148 level. If a decline occurs, investors may look for dips around $122 and $110. SOL Coin has dropped 62% over the past 52 days, returning to the point where its rise began 190 days ago, making the $180 level an attractive entry point for a potential new rally.
For CEEK Coin, the outlook remains similarly negative. A deeper dip could occur at $0.015, as investor confidence has significantly waned. We previously noted that this investment is highly risky, even when prices were above $0.10.
The advantage here lies in the potential for speculative rallies due to weak liquidity, which could create temporary excitement during market recoveries.
