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Crypto Traders Dodge Tariff Turmoil to Bet on Shiba & XRP’s Next Moves

Crypto Traders Dodge Tariff Turmoil to Bet on Shiba & XRP’s Next Moves

Author:
CoinTurk
Published:
2025-06-02 12:44:41
7
1

Geopolitical tensions ripple through markets—but crypto degens aren’t waiting for politicians to sort it out. Here’s how memecoin mania and cross-border payments tokens play the chaos.

Shiba Inu’s army of retail traders keeps pumping the dog-themed asset despite macro headwinds, while XRP’s legal clarity gives it an edge in turbulent times. Neither seems to care about traditional finance’s tariff tantrums.

Funny how ’hedges against inflation’ still move in lockstep with every Fed whisper—but hey, at least the volatility’s entertaining. Place your bets before the next tweetstorm.

Shiba Coin: Price Projections

For months, tariff news has driven the cryptocurrency market, overshadowing traditional analysis methods like technical and on-chain evaluations. Currently, expectations are high for several major trade announcements. An imminent deal between the US and the EU looks promising, while India might soon finalize its discussions with the US. Trump’s phone call with Xi this week could further mend US-China relations, especially since China’s response has been mild thus far.

Strategically, China may soon boost imports, with the EU already accepting up to $100 billion in US goods. These developments could shape the market as we head into mid-June. What, then, does this mean for Shiba Coin?

Volatility will remain strong; negative news might temporarily pressure markets. If prices drop, SHIB’s critical support is at $0.00001270, with potential targets of $0.0000114. Conversely, bullish movements could propel SHIB to $0.00001558, and eventually to $0.00002084 and $0.0000267.

XRP Predictions

The resolution of tariff issues can trigger XRP’s ascent. The anticipated approval of Spot ETF in November, coupled with RLUSD’s growth, Hidden Road’s promising metrics, Ripple$2’s IPO, and expanding XRPL partnerships will continuously fuel XRP’s momentum.

For XRP, a decline might find support around $1.78. If the upward trajectory is sustained, overcoming $2.58 could lead to gains targeting $2.95, $3.38, and potentially setting a new all-time high.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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