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Before the start of June, fear and anxiety swept the markets. Trump once again managed to disrupt the markets on a Friday. By imposing new restrictions on artificial intelligence chips against China and accusing China of violating agreements, Trump is escalating tensions. What, then, are the forecasts for POPCAT and FART Coin?
Trump’s Announcements
After meeting with Musk, Trump made some significant statements and was set to deliver the day’s final speech in the upcoming hours. The cryptocurrency markets are experiencing greater sell-offs each time Trump speaks because the new U.S. President is quite eager for a global trade crisis. Due to his uncertainty-driven stance, the recent positive U.S. data is not having the expected impact on the markets.
“Tariffs are very important. We are pleased with yesterday’s court decision (annulling decisions to cancel tariffs). We are talking about changing various systems. We will continue with surgical cuts.
I will talk with President Xi of China. Hopefully, we will resolve this. China violated the agreement.
An Iran deal is possible in the not-so-distant future. I have great support for tariffs. It takes months for Congress to come to an agreement on tariffs. We must be fast and agile. If you’re making a car, make it in America.
We want to win the court battle over tariffs. We need to get rid of U.S. debt: We should lift or extend the U.S. debt ceiling.
Putin and Putin and Zelenskyy are stubborn.
Meeting with Powell went well.”
Fartcoin and POPCAT Analysis
Altcoin Sherpa anticipates a recovery for Fartcoin from the current level of $0.92. Having previously provided predictions for this altcoin, Sherpa had set much higher targets. Investors may look for rebound rallies or support tests by monitoring the following key zones in June.
POPCAT, another popular meme coin, was also mentioned;
“Coins like POPCAT have disrupted market structures and are likely heading downward in the medium term. I think we’ll still see a bounce somewhere around here, but unless BTC does something crazy, I’m not assuming it will break its local tops. The medium-term trend is down.”
Poppe wasn’t surprised by the decline. The analyst states that the BTC price needs to reclaim $106,000, mentioning that the triggered liquidation wave pushed the price down. If you’re looking to go long, this analyst suggests that these levels are the exact point, warning that significant losses may occur in a heightened tension scenario.
