Several old coins would benefit from the failure of the US trade discussions with China
- Increasing tensions between the USA and China and a weak dollar increase the interest of investors in the Altcoins Solana, Sui and Fartcoin.
- The data situation show a promising situation of these old coins in the midst of growing crypto acceptance with increasing economic uncertainty.
An increasing lack of progress in the customs negotiations between the USA and China begins to influence global financial markets, with investors looking for new strategies to protect their portfolios from currency fluctuations.
In view of the dwindling trust in the dollar, capital increasingly shifted to digital assets, especially old coins. Sol, Sui and the “Fartcoin” inspired by a meme have become important old coins that gain traction.
A current Message According to the New York Times, the Chinese authorities refuse to have further discussions as long as the existing US tariffs are not lifted. A statement by the Chinese Ministry of Commerce confirms that the new, one -sided tariffs undermine any possibility to restore trust. As a result, analysts observe a deterioration in the prospects for the dollar course. The dollar index (DXY) fell to the lowest level in more than four years.
The US Federal Reserve is under increasing pressure. Although the CME Fedwatch data show a 97%probability that the interest rates will remain unchanged at the meeting of the Offenmarkt Committee on May 7, the continuing burden on the dollar could lead to a reassessment in the coming months. When interest rates are reduced to stabilize the economy, safe ports and speculative systems such as gold, silver, bitcoin and selected old coins could receive reinforced tributaries.
Krypto reacts strongly to dollar weakness
Bitcoin has increased by 14% in the past two weeks, since retailers are protecting themselves against a dollar devaluation. In addition to the increase in BTC, several old coins have also shown strong performance. The most noteworthy include Solana, Sui and Fartcoin, each of which benefits from different market drivers and investor counts.
Despite difficult macroeconomic conditions, Solana has shown a remarkable resistance. The asset is traded by $ 148 and shows a slight decline in daily basis, but holds an important level of support. The technical analysis on the daily chart shows a W-like pattern and indicates a possible outbreak upwards. Since the volume and the mood suggest an increase over the $ 150 mark, an increase upwards is limited by the resistance level at $ 180 and $ 270.
In the meantime, due to its increasing importance, Sui has attracted a lot of attention for decentralized finance. According to Defillama, the decentralized stock market volume from SUI rose to $ 4 billion last month, which led to a price increase of the token of 45 %. Since the use of Dex continues to increase, Sui could very well be one of the top alcohol in this cycle, especially if blockchain use continues to increase while Fiat becomes weaker.
Meme Coin wins due to technical signals
Fartcoin, although it is one of the speculative memetoken, has shown a technical strength that has attracted short -term dealers. The coin is traded within an ascending parallel channel and approaches an important level of resistance of $ 1.29.
Onchain analysts say that if the coin breaks over this line, the price rally could reach $ 2.75. This view is supported by an increasing RSI, which often signals an improvement in market dynamics.
While memoins are often accompanied by higher volatility and less fundamental support than their user-based counterparts, the current market environment, which is characterized by a weak currency and an uncertain policy, causes some investors to enter short positions in all digital assets.
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