Global Tension Shakes the Cryptocurrency Market: Predictions for XRP, Solana, and Shib Coin

The cryptocurrency market continues to experience significant fluctuations influenced by geopolitical tensions. The tensions last week between the European Union and the United States under the Trump administration have now shifted to China. Such developments have caused familiar patterns to emerge in the financial landscape, with expectations for the upcoming week reflecting these changes. The focus remains on the expected performance of cryptocurrencies like XRP, SOL, and SHIB in light of recent events and potential market fluctuations. Ripple (XRP) High-level sources in the United States reveal that Trump and Xi are expected to have a phone call in the coming days. This announcement recalls previous rapid escalations and subsequent reconciliations with the EU, as evidenced by BTC positioning above $105,000 at the time of writing. Although referring to respecting court decisions, Trump still has additional leverage in trade deals. This is expected to spur a series of rapid trade agreements in June. A U.S. delegation will soon visit India, potentially leading to a second major deal following the agreement with the United Kingdom. Trump has elaborated on the issues, stating: "If the court rules against us on Tariffs, this is a surprise, it allows other nations to hold us hostage with tariffs against America, leading to economic ruin for the United States" – Truth Social

XRP Coin has recovered after testing the 2 dollar threshold, aiming to regain the support level of 2.2 dollars. In the coming days, a significant move towards 2.35 dollars and 2.55 dollars may occur, reflecting potential negotiations similar to the EU. Shiba and Solana Some industry experts predict a target of 80 dollars for SOL Coin when BTC tests 103,000 dollars. However, the market is recovering, with SOL Coin reclaiming 155 dollars and moving towards 168 dollars. Optimistically, this trajectory could quickly reach the milestone of 188 dollars. Future developments, including upcoming data releases and the swift signing of three expected agreements with India, remain key factors. Shiba Coin, although recovering more slowly, is still among the altcoins that are recovering. The possibility of a decline could extend to $0.0000113, but an optimistic scenario predicts a rapid recovery to $0.0000139 and $0.0000153.