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?> 4 Altcoins to Sell Ahead of Upcoming Tariff Announcements by Trump.
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CoinGape 2025-03-31 11:39:14

4 Altcoins to Sell Ahead of Upcoming Tariff Announcements by Trump.

4 Altcoins to Sell Ahead of Upcoming Tariff Announcements by Trump.

The upcoming tariff statements from Donald Trump on April 2 create new market uncertainties that negatively affect cryptocurrency investor attitudes. ETH, together with PI, PEPE, and SOL, should be considered as altcoin to sell because of ongoing market uncertainties. The price of Bitcoin presently faces difficulties in maintaining a position above $81,000. Market-wide digital asset price corrections now occur due to increasing trade war uncertainty, which leads investors to become risk-averse The upcoming Wednesday marks the start of additional tariffs, which deeply concern investors in the markets. A set of new tariffs nearing 20% or above would impose trade restrictions on more than 25 nations, resulting in potential worldwide economic tensions. The Economic Policy Uncertainty Index achieved its highest point bringing forth widespread market concern about the situation. Market turbulence alongside worldwide political turbulence has prompted traders to choose certain altcoins to avoid trading. The Economic Policy Uncertainty Index hits a new ATH. On Wednesday, April 2nd, Trump will announce more tariffs. It’s going to be an insanely volatile week. pic.twitter.com/GWOv3lWwkB — Crypto Rover (@rovercrc) March 31, 2025 Altcoin to Sell: Ethereum (ETH) Ethereum stands as one of the top altcoin to sell after its recent sharp descent. The ETH price suffered a major decline by falling beneath its essential $1,820 support during widespread market selling activities. The market value of Ethereum is $1,805 at the present moment with around a 15% decline from the previous week. A crypto analyst tweeted that Ethereum faces further price decline if it breaks through the essential support barrier at $1,750. ETH would likely descend to its next significant support level near $1,550 if it breaches the $1,750 local support after Trump announces tariffs. Pi Network (PI) The cryptocurrency Pi Network (PI) has experienced its largest fall of 70% throughout this month, which positions it as the most significant collapse within the top 100 cryptocurrencies. The lack of confidence among its members in PI Network is driving them to sell rapidly. When Pi Network launched in the market, it encountered selling pressure immediately following price stabilization. The latest integrations from Binance and the listing poll did not stop Pi Network from maintaining its bearish price movement. The cryptocurrency PI trades at $0.7064 while revealing an additional 10% decline over the previous 24 hours, ranking it among unsuitable altcoins. Pepe Coin (PEPE) Meme cryptocurrency PEPE Coin (PEPE) has suffered a major price decline, which caused it to break through important support thresholds. The current trading price of PEPE stands at $0.000007074, while the last 24 hours have brought a 7 percent decline. A major crypto whale moved 6,131 ETH valued at $10.94 million into Binance, causing market panic during the sell-off. A whale just deposited 6,131 $ETH ($10.94M) to #Binance . https://t.co/djmpW9x9aE pic.twitter.com/ta6Zvbwq4e — Lookonchain (@lookonchain) March 31, 2025 Solana (SOL) Solana price experienced stability at $126 during Monday trading while returning to the $120 support position. The market bear control had trapped the asset inside an ongoing descending channel. The Relative Strength Index (RSI) approached the threshold at 38 while remaining in the oversold region. A rejected attempt to exceed the $130 price would establish conditions for another market downturn. A Solana price prediction move under $120 would both break down the breakout pattern and threaten to push the price all the way down to $110, rendering Solana an unfavorable altcoin to avoid until Trump makes his new trade policy announcements. Source: TradingView Final Thoughts Four altcoins to sell, including SOL, DOGE, ADA, and PI, remain exposed to market fluctuations because traders expect U.S. tariff decisions will create volatile conditions. The post 4 Altcoins to Sell Ahead of Upcoming Tariff Announcements by Trump. appeared first on CoinGape .

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