TRX Poised to Hit $0.25, Is Solana Integration Fuel the Rally?

The crypto market trades in the green today, April 21, with Bitcoin price clinching a three-week high above $87,000, pulling top altcoins up. However, despite the gains, macroeconomic fears still linger due to the ongoing US tariffs, with Japan’s recent refusal to concede on all US demands sparking marking anxiety. Traders are now looking for altcoins to sell to minimize the likelihood of making losses if any deal between the US and Japan on tariffs falls through. 

Japan-US Deal on Tariffs At A Crossroads – Time to Sell Altcoins? 

The deal between Japan and the US on tariffs may be on the verge of hitting a dead end, causing investors to look for altcoins to sell. Japan’s Prime Minister Shigeru Ishiba has stated that the country will not keep conceding to US tariffs to US demands on tariffs, suggesting that the negotiations might hit a dead end. 

At the same time, Fox Business reporter Charles Gasparino has stated that while there was “progress” in the ongoing trade deal talks with Japan, this tariff deal was not imminent, suggesting a slight chance that the talks may fail. 

Additionally, the level of market uncertainty has seen the price of gold surge past $3,400 for the first time in history. Meanwhile, the US dollar index has fallen to 98, its lowest level in over three years. These macroeconomic headwinds make it a perfect time for traders to sell altcoins and book profits before the downtrend progresses. 

4 Altcoins to Sell Now 

The four altcoins that investors should consider to sell now and Pi Network (PI), Mantra (OM), Polygon (POL), and Official Trump (TRUMP). These altcoins have stood out because of their bearish technical outlook and the lack of strong fundamentals. 

Pi Network (PI) 

Pi Network is one of the top altcoins to sell because of its bearish technical outlook as well as a lack of strong catalysts to support a recovery. At the same time, the ongoing PI token unlocks suggest that this altcoin might be on the verge of a downtrend despite attempts by the team to buy back the unlocked coins. 

The hourly chart shows that the Pi Network price has stumbled and fallen to the lower Bollinger band. This signals that Pi Coin might fall to the 1.618 Fibonacci level of $0.47, which might put the altcoin on the path to reaching all-time lows. 

Polygon (POL) 

The other top altcoin to sell is Polygon (POL). Analyst Andrew Griffiths has shared a bearish Polygon price prediction, suggesting that this altcoin might plunge significantly. In his analysis, Griffiths noted that POL price was approaching a key resistance level near the 200-day EMA. 

This analyst further noted that whale activity linked to Polygon was dropping, which further suggests that the altcoin might decline in price. Considering these bearish factors, Polygon is one of the top altcoins to sell now to avoid losses. 

Official Trump (TRUMP) 

The other altcoin to sell is TRUMP, which is one of the meme coins associated with the US President. Data from Coinglass shows that TRUMP funding rates have flipped negative, which is an indication that short sellers are opening bets that this meme coin will record a massive decline. This is a bearish outlook for the TRUMP meme coin, which is why traders might decide to sell now to avoid losses. 

Mantra (OM) 

Most crypto traders have been looking to sell the Mantra altcoin after the recent crash in this token tainted investor confidence. Despite efforts by the team to return this confidence through initiatives such as burning the tokens held by the team, this altcoin continues to plunge. If there is no fresh support from buyers to support a recovery, the altcoin is facing a bearish Mantra price prediction, making now an ideal time to sell. 

Summary of Top Altcoins to Sell 

The crypto market is on the verge of volatility amid reports that the tariff deal between the US and Japan is on shaky grounds, with the latter saying it will not concede to all demands. Due to the ongoing uncertainty, crypto traders are looking for the top altcoins to sell to avoid making losses if the market conditions flip bearish again.

The post 4 Altcoins to Sell As Japan Refuses to Concede to US Tariff Demands appeared first on CoinGape.

Shiba Inu (SHIB) price has gained significant attention amid market volatility. With the potential for a 500% surge before April, the meme coin future remains uncertain. The SHIB price is currently hovering around $0.000012, but could strong demand and market trends fuel such an increase? In this article, we explore the factors that might drive a potential rally in Shiba Inu’s value.

Is It Time To Buy SHIB if Shiba Inu Price Can Rally 500% Before April?

The Shiba Inu price is drawing attention as many speculate a potential 500% price jump before April. If this occurs, SHIB’s price could reach $0.000076, an impressive surge for a meme coin. However, investors should exercise caution as this price rally is not guaranteed and comes with risks.

SHIB, like many meme coins, is primarily influenced by social sentiment. This makes its price movements unpredictable and speculative. While a 500% surge is a possibility, market sentiment could also lead to a sharp price drop. 

Additionally, broader crypto market conditions can play a significant role in SHIB’s price action. If major cryptocurrencies like the BTC price or ETH experience price rallies, altcoins like SHIB often follow suit.

Moreover, factors such as the burn rate of SHIB, which recently increased by 27%, could influence its price. In the past 24 hours, over 16 million SHIB tokens were burned.

The Shiba Inu ecosystem, including the ShibaSwap platform and Shibarium, could also contribute to this surge, particularly if other Ethereum meme coins like BONK or FLOKI rise in value.

Shiba Inu Price Analysis

The latest SHIB price is hovering at $0.00001269, showing a decrease of 4% over the last 24 hours. As of now,  the SHIB price is fluctuating within a defined range, with strong support at $0.000012 and resistance at $0.000013. The current price action suggests that the asset is testing these key levels.

The MACD shows some bullish momentum, with the blue line above the orange line signaling potential upward movement. However, the histogram is relatively neutral, indicating that momentum is not yet fully established.

The Relative Strength Index (RSI) stands at 44, which is in the neutral zone. This suggests that SHIB is currently under no overbought or oversold pressure.

A break above the resistance could propel the Shiba Inu price forecast toward $0.000015, while a decline below the support could see SHIB testing the lower level of $0.000012.

The recent trend in Shiba Inu saw early holders accumulate over 20% of the total supply at lower prices. As these holders sold at key price peaks, sharp corrections followed, creating volatility in the market. This mass exit of early investors highlights how concentrated ownership can lead to amplified price fluctuations.

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