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Cryptocurrency News Articles

Trump's 'Liberation Day' on April 2 is expected to bring major announcements around tariff policies that could impact the crypto market.

Mar 28, 2025 at 02:30 am

RENDER, a top AI coin, could rebound strongly if the event sparks renewed interest in the AI sector, which has been under pressure in recent months.

Trump's 'Liberation Day' on April 2 is expected to bring major announcements around tariff policies that could impact the crypto market.

Cryptocurrency prices have been showing mixed signals in recent times, with some major coins like Bitcoin (BTC) and Ethereum (ETH) eeking out slight gains, while others like XRP have seen more substantial declines.

As the market eagerly awaits "Liberation Day" on April 2, when Trump is expected to announce major decisions on tariff policies that could have a significant impact on the crypto industry, we can expect heightened volatility and sharper price movements in the coming days.

To navigate this period effectively, it's crucial to identify the coins that are poised for the biggest moves and the key price levels to watch.

XRP poised for sharper move as market reacts to Trump's tariff announcements

XRP has been lagging behind the broader crypto market in recent weeks, performing worse than other major coins.

Over the past week, XRP fell by 6%, while Bitcoin, Ethereum, BNB, and Solana all rose slightly. This divergence suggests that XRP is detaching itself from the momentum seen in other top coins, potentially positioning it as an oversold outlier.

With this underperformance, XRP price may be primed for a sharper move—up or down—depending on how market sentiment evolves in the next few days, positioning it as one of the most important altcoins to watch.

A lot of the focus will be on macroeconomic developments, especially news concerning Trump's tariff policies with the upcoming "Liberation Day" on April 2.

If these headlines translate into a more bullish outlook for the crypto industry, XRP could benefit disproportionately. In that case, XRP may test and potentially break resistance levels at $2.47 and $2.59, paving the way for a push toward $2.74 and even $2.99.

However, if the market turns bearish, XRP could revisit the $2.22 support level. A break below that could accelerate losses down to $1.90.

Dogecoin (DOGE) price could surge or tumble

Meme coins are typically known for their bigger price movements compared to major cryptocurrencies. They tend to rise more sharply during bullish trends or suffer steeper corrections during bearish periods.

Dogecoin, the leading meme coin by market cap, is especially sensitive to shifts in market sentiment and often amplifies broader crypto trends.

If the upcoming tariff news on "Liberation Day" sparks a bullish reaction across the crypto space, Dogecoin could capitalize on the momentum, potentially testing resistance levels at $0.22, $0.24, and $0.26.

But if the broader market responds negatively, meme coins like DOGE are likely to see outsized losses. In that case, DOGE could drop toward the $0.179 support, and if that level breaks, further declines toward $0.16 and even $0.14 would be on the table.

RENDER price may rebound strongly if Trump's announcements spur interest in AI sector

Like meme coins, AI coins have shown a tendency to move more aggressively than other sectors, often experiencing sharper rallies or steeper corrections.

Over the past few months, many AI coins have been in a strong downtrend, making them particularly sensitive to shifts in broader market sentiment.

With the market closely watching the "Liberation Day" developments for any positive surprises that could shift the market tide, a bullish outcome could trigger a strong rebound across AI coins.

RENDER, one of the leading names in the space, may be well-positioned to benefit, making it one of the most relevant altcoins to watch before "Liberation Day."

If positive momentum returns, RENDER could test resistance levels at $4.17 and $4.63. However, if the announcements fail to inspire confidence in the sector, continued selling pressure could drag RENDER down to test support at $3.42. Further downside is possible toward $2.83 and $2.52 in the event of a broader AI coin correction.

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Other articles published on Mar 31, 2025