3 Altcoins to Watch as US-China Trade Tensions Rise
As President Trump's trade negotiations with China face uncertainty, crypto traders are turning to altcoins to hedge against a weakening US dollar. Here are three altcoins with strong potential:
1. Solana (SOL):
Current Price: $148
Despite a slight daily decline, SOL shows resilience with a bullish "W" pattern on its chart.
Potential resistance levels: $180 and $270.
2. Sui (SUI):
SUI has seen a surge in blockchain activity, with $4 billion added to its DEX volumes last month.
This increased activity could drive further price gains.
3. Fartcoin (FARTCOIN):
A top-performing meme coin, FARTCOIN is trading within an ascending parallel channel.
If it breaks resistance at $1.29, it could rally to $2.75.
Why These Altcoins?
Market Conditions: The US dollar is weakening, and the Federal Reserve may trim interest rates, boosting demand for alternative assets.
Technical Outlook: Each of these altcoins shows bullish technical patterns, indicating potential for significant gains.
Follow for update, trend and analysis.
Buy these and enjoy. dyor.
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