As June unfolds, crypto markets are increasingly shaped by geopolitics rather than technical patterns or on-chain activity. Investors now find themselves analyzing trade negotiations, tariff threats, and macroeconomic indicators as closely as they once watched Bitcoin dominance or whale wallet movements.
With former President Donald Trump escalating tariff rhetoric—most recently toward the EU and China—investors are speculating whether this is the storm before a settlement. According to several official sources, Trump is expected to speak with Chinese President Xi Jinping this week, a sign that de-escalation may be near. As Dey There highlights, this could mark a critical turning point for risk assets, including Shiba Inu (SHIB) and XRP.
SHIB Price Outlook: High Volatility, High Stakes
For Shiba Inu, tariff news has become the dominant catalyst. Traditional chart setups and on-chain trends have taken a backseat as macro headlines drive sentiment. Here’s what the landscape looks like:
The U.S. and EU are reportedly accelerating trade negotiations.
A U.S.-India trade deal is expected within days.
Trump-Xi talks are all but confirmed by multiple U.S. government officials.
China has avoided retaliatory rhetoric, signaling interest in compromise.
Rare earth exports, the core of recent tensions, remain negotiable.
The EU has already committed to increasing U.S. imports by up to $100 billion.
All eyes are on the July 9 deadline, by which time multiple trade agreements are expected to be finalized. A resolution could ignite bullish sentiment across the crypto space.
For SHIB, this translates into the following technical scenarios:
Support: Currently holding at $0.00001270
Bearish Target: $0.00001140
Bullish Targets: $0.00001558 (breakout point), followed by $0.00002084 and $0.00002670
June will likely bring intense volatility. Temporary sell-offs triggered by negative headlines are possible, but market direction will become clearer by mid-month.
XRP Forecast: Fueling Up for a Multi-Leg Rally
For XRP, several bullish triggers are lining up. The resolution of the tariff disputes would be the first major catalyst. But there’s more on the horizon:
Anticipated approval of a Spot XRP ETF by November
Ongoing growth of Ripple’s RLUSD stablecoin
Performance updates from Hidden Road, a Ripple partner
Ripple’s IPO, expected to value the company at $2.15 per share
Ecosystem expansion via new XRPL projects and partnerships
If all unfolds as anticipated, XRP’s technical levels suggest:
Downside Risk: $1.78 in a bearish scenario
Upside Targets: Breakout above $2.58 could drive XRP toward $2.95 and $3.38
Ultimate Goal: A new all-time high (ATH) above $3.84
Dey There emphasizes that these layered catalysts create a strong runway for XRP to outperform peers in the second half of the year.
Sources:
CNBC (https://www.cnbc.com/)
USTR (https://ustr.gov/)
Ripple (https://ripple.com/)
TASS (https://tass.com/)
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