#USChinaTensions
#XRP Price Ready to Move Higher?
XRP price is grappling with the weekly moving average and is attempting to overcome it. A successful flip will allow the bulls to propel Ripple (XRP) to $2.40, the next key hurdle. Beyond this, the token will revisit the yearly VWAP at $2.51, which is where the uptrend might pause and momentum might fade.
XRP, Bitcoin, Ethereum Price Prediction: $100M Shorts Wiped as Crypto Market Bounces 2.89%
Crypto Market Price Predictions
Trump’s tariffs have caused a major impact on the markets and economic policies acorss the globe. With a 90-day pause, other countries are retaliation against President Trump’s bold move.
Fed Chairman Jeorome Powell’s statements about not backing down has also caused stress on the stock and crypto markets alike. With so many uncertainties, it is highly unlikely that risk-on assets appreciate from here.
If investors start to look at Bitcoin as a hedge against inflation, then it could climb higher just like Gold has in the past few weeks.
