Recent executive orders signed by President Trump aim to address tariffs, placing emphasis on not merging rates from different agreements for specific commodities. Meanwhile, the cryptocurrency market is urged to pay close attention to tangible trade deals, particularly with nations like Japan and India, offering potential positive updates soon. What does this mean for meme coins like Floki, PEPE, and DOGE?
What Is Next for FLOKI and PEPE?
Michael Poppe foresees Ethereum’s price crossing $2,500 shortly, potentially leading altcoins to new highs. FLOKI Coin has made another attempt to surpass $0.00008892, and if the bulls can transform $0.0000920 into solid support, a further increase to $0.0001157 is plausible. Conversely, the support level of $0.0000780 looks robust, with a repeat challenge at the May peak of $0.0001612 on the horizon. Eased Fed policies coupled with confirmed tariff agreements are likely to set a more encouraging tone for May than April.
Initial tariff increases and unexpected high April rates placed burdens on markets. However, with impending weaker tariffs and the Fed’s easing approach, the crypto markets could see an uplift. For PEPE Coin, an anticipated Ethereum rise is significant since its price movements tend to echo Ethereum due to its standing as a celebrated meme coin.
Can DOGE Overcome Its Hurdles?
DOGE’s journey in the market faces more delays as decisions on ETF applications continue to be postponed. Expectations are set for a resolution alongside other ETFs by November, potentially unlocking a surge for altcoins, including DOGE. In the short-term, failing to uphold the $0.18 support level spells trouble, and recapturing the $0.2 milestone is crucial for recovery.
Investors should monitor DOGE’s performance closely, particularly as higher lows might herald a positive momentum towards the resistance at $0.309. This potential move could signal a promising recovery path.
– Successful completion of trade deals with Japan and India could boost markets.
– FLOKI needs to sustain above $0.0000920 for potential gains.
– Ethereum’s rise might positively affect PEPE’s value.
– Watch for DOGE’s performance regarding the $0.18 and $0.2 levels.
With the U.S. government focusing on tariff regulation and possible trade partnerships nearing finalization, cryptocurrency investors anticipate changes that could drive the market in groundbreaking ways. Monitoring these developments will be essential for those looking to capitalize on fluctuations involving key coins like FLOKI, PEPE, and DOGE.
