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We are approaching the end of another week, and July has started quickly. We have already left half of this year behind, and altcoin investors are not smiling. It is not surprising at all since we are going through days when uncertainties are sweeping through the market. Today, we will take a look at the latest market predictions for XRP and Chainlink $13.23 (LINK) from different analysts.
Almost all altcoins have returned their gains from yesterday and continue to decline. BTC continues to close below 108 thousand dollars, and the daily close is important. The resistance at 110 thousand dollars has not been broken, and a report by FT, based on EU officials, suggests that there may be no tariff agreement between the European Union and the United States. Moreover, the movement of over 7 billion dollars in BTC by a 14-year-old whale has also caused concern today.
However, we should not be hopeless; cryptocurrencies have experienced significant rallies even in the most negative environments. Moreover, in an environment where we are moving towards interest rate cuts and tariff agreements are beginning to be announced, FUD investors should not be this overwhelming. #HotTopicDiscussion#