Despite ongoing fear in the risk markets, the Federal Reserve is compelled to take action. Following lower-than-expected inflation data, Powell must adopt a more moderate approach. The pressure from Trump’s tariffs has increased interest while negatively impacting both stocks and cryptocurrencies. What are the current expectations for XRP Coin and Solana
$128?
Ripple (XRP)
Beyond technical analysis, news flow is currently triggering rapid price movements. Concerns about rising inflation due to Trump’s tariffs could dominate this week’s Fed agenda. Additionally, the dot plot regarding interest rate expectations will be released, indicating how the Fed plans to adjust rates over the next three years amidst Trump’s tariffs.
If the dot plot does not meet expectations, we may witness shocking sell-offs on Wednesday. The good news for XRP Coin is that an announcement regarding a settlement with the SEC could be forthcoming. Although Atkins has yet to be officially appointed, this is expected to occur by June. However, the temporary SEC management has concluded significant cases and investigations involving Coinbase, Uniswap, and MetaMask. Once Ripple’s legal team’s negotiations are finished, the legal pressure surrounding Ripple
$2, often viewed as a flagship case in the crypto space, will likely diminish. A decision could emerge before the April 16 deadline, putting XRP in a favorable position.
Although there has been a dip today caused by fluctuations at $2.38, the price remains above $2.30, with possible short-term targets at $2.47 and $2.64. Unless a major surprise occurs, two-way volatility before the Fed meeting could allow XRP Coin to test these levels.
Solana (SOL)
As of Monday, CME has launched SOL futures, which is good news as the activation of CME futures supports ETF approval.
Considering the new SEC’s view that not all altcoins are securities, the excitement over ETFs could bolster the price.
Additionally, on Friday, the SEC will discuss with industry representatives whether altcoins qualify as commodities or securities, which is a significant detail. Analyzing the SOL Coin chart reveals that it is testing the $136-$152 range. In a bullish atmosphere, a 40% increase could target $177.
