Trump's 'Liberation Day' is scheduled for April 2nd, which is expected to bring a major announcement about tariff policies that could impact the cryptocurrency market. XRP, after showing poor performance compared to other major coins, may show a larger movement if market sentiment changes.
Doge is a major meme coin known for amplifying market reactions. It can surge or plummet depending on how the market digests the news. RENDER, as one of the AI coins, could strongly rebound if this event reignites interest in the AI sector. It has been under pressure for the past few months.
XRP
XRP showed poor performance in the cryptocurrency market last week. This altcoin dropped by 6%, while major assets like Bitcoin, Ethereum, BNB, and Solana saw slight increases.
This difference suggests that XRP is temporarily disconnected from the momentum seen in other major coins. It could establish itself as an oversold, exceptional coin.
Due to this poor performance, the XRP price may show a larger movement depending on how market sentiment changes. This could become one of the most important altcoins to watch in the coming days.
The current cryptocurrency market is reacting to news, especially related to Trump's tariff policies. The "Liberation Day" scheduled for April 2nd is approaching.
If these headlines lead to a more positive outlook for the cryptocurrency industry, XRP could disproportionately benefit. In this case, XRP could test and potentially break through resistance levels at $2.47 and $2.59, opening the way for increases to $2.74 and even $2.99.
However, if the market turns bearish, XRP could revisit the support level at $2.22. If this level is breached, losses could accelerate to $1.90.
Doge
Meme coins are known to show greater price volatility compared to major cryptocurrencies. They surge more significantly during uptrends and experience more dramatic corrections during downtrends.
Doge is a major meme coin by market capitalization and is particularly sensitive to changes in market sentiment. It often amplifies broader cryptocurrency trends.
If the upcoming "Liberation Day" tariff news generates a positive response across the cryptocurrency space, Doge could leverage this momentum to test resistance levels at $0.22, $0.24, and $0.26.
However, if the market reacts negatively, meme coins like DOGE are likely to experience significant losses. In this case, DOGE could drop to the support level of $0.179, and if this level is broken, it could further decline to $0.16 and even $0.14.
Render
Like meme coins, AI coins tend to move more aggressively than other sectors. They often experience more dramatic rallies or steeper corrections.
Many AI coins have shown strong downward trends over the past few months. They are particularly sensitive to broader market sentiment changes.
As the market watches the "Liberation Day" developments, a positive outcome could trigger a strong rebound across AI coins. RENDER, as one of the key names in this field, is well-positioned to benefit. It is 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 announcement fails to inspire confidence in this sector, continued selling pressure could pull RENDER down to the support level of $3.42. In the event of a broader AI coin correction, additional declines to $2.83 and $2.52 could be possible.
