XRP has experienced a strong upward surge in recent weeks, hitting an intraday high of $3.21 before settling around $3.18 at the time of writing. While this momentum has excited many in the crypto space, popular analyst STEPH IS CRYPTO has flagged a potentially cautionary signal: XRP is entering overbought territory on the weekly Stochastic RSI. This raises an important question: Should holders be concerned? Weekly Stoch RSI Suggests a Cooling Phase May Be Ahead STEPH IS CRYPTO’s technical analysis highlights that the Stochastic Relative Strength Index on the weekly timeframe is now at 90.31 and 81.99—well above the 80 mark that signals overbought conditions. Historically, when XRP’s Stoch RSI reaches this range, the price tends to experience short-term pullbacks or sideways consolidation. In previous cycles, these conditions preceded brief corrections before XRP resumed its upward trajectory. The current setup appears similar, with the indicator flashing red-hot momentum and suggesting that the asset might soon take a breather. #XRP is approaching ‘overbought’ territory.. Should we be worried? pic.twitter.com/xX9thFJYTf — STEPH IS CRYPTO (@Steph_iscrypto) July 26, 2025 What’s Fueling XRP’s Price Action? Beyond the charts, XRP’s recent price rally is being driven by a mix of strong fundamentals, positive sentiment, and speculation. Excitement continues to build around the potential approval of a spot XRP ETF , while Ripple’s aggressive push into real-world asset (RWA) tokenization and CBDC adoption is keeping investor interest high. The launch of Ripple’s RLUSD stablecoin and the expanding use of the XRP Ledger for global payments are reinforcing the bullish narrative. However, the market was recently rattled by a massive transfer of $175 million worth of XRP by Ripple co-founder Chris Larsen to centralized exchanges. This sparked concerns over possible sell pressure and led to over $105 million in long position liquidations. XRP briefly dipped to $3.11, but the market quickly stabilized, suggesting underlying strength despite the shakeout. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Should Holders Be Worried? From a technical standpoint, XRP is undeniably overbought on the weekly chart. This doesn’t guarantee a crash, but it often signals that upward momentum may slow down, at least temporarily. For short-term traders, it might be wise to monitor price action closely, reduce risk exposure, or consider partial profit-taking. For long-term investors, however, the broader picture remains encouraging. XRP is widely believed to be in Wave 3 of an Elliott Wave structure, a phase typically marked by powerful gains. With regulatory clarity in the U.S., growing utility, and expanding partnerships, XRP appears well-positioned for continued growth beyond the short-term noise. Final Thoughts XRP’s entry into overbought territory is a valid technical concern, but not necessarily a reason for alarm. As STEPH IS CRYPTO rightly points out, indicators like the Stoch RSI often precede pauses in price action, not full trend reversals. With strong fundamentals and ongoing institutional interest, XRP’s longer-term outlook remains positive. Holders would do well to stay informed, manage risk appropriately, and view any short-term dips as potential setups for the next major move. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Approaching Overbought Territory. Should Holders Be Worried? appeared first on Times Tabloid .
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Pump.fun's incentive program spurred significant interest and PUMP token price rise. The community eagerly awaits official announcements on the program's specifics. Continue Reading: Pump.fun Engages Community with Exciting New Incentive Program The post Pump.fun Engages Community with Exciting New Incentive Program appeared first on COINTURK NEWS .
The cryptocurrency space is brimming with excitement as Ruvi AI (RUVI) emerges as the standout token of 2025. Touted as a possible successor to Binance Coin, Ruvi AI has achieved incredible milestones, including breaking presale records with over $2.5 million raised and securing a prestigious CoinMarketCap listing . This AI-powered token is rewriting the rules of crypto success, combining innovative technology with real-world applications. Currently priced at just $0.015 per token during its Phase 2 presale , Ruvi AI is quickly selling out, with 70% of tokens already purchased . If you’ve been looking for the next big crypto opportunity, this might be it! Here’s why Ruvi AI is making an extraordinary splash, and why you need to act before it’s too late. A Record-Breaking Presale When it comes to presale performance, Ruvi AI is setting a new standard in the crypto industry. The results so far highlight the overwhelming confidence investors have in this project: $2.5 million raised in its early phases. 200 million tokens sold , reflecting immense demand. A growing community of 2,400 holders , signaling long-term support for Ruvi AI’s ecosystem. At the current price of $0.015 per token , Phase 2 offers a golden opportunity for early participants. However, its rapidly diminishing availability is creating a sense of urgency among investors. Once Phase 2 concludes , token prices will jump to $0.020 per token , marking a 33% increase . But that’s just the beginning. At the end of the presale, Ruvi AI is expected to hit a guaranteed value of $0.07 per token , providing an almost 5x return for those who bought in early. Analysts predict an even brighter horizon, post-listing, Ruvi AI is anticipated to soar to $1 per token , offering a mind-blowing 66x ROI . CoinMarketCap Partnership Fuels Momentum One of Ruvi AI’s defining achievements is its partnership with CoinMarketCap , the most influential cryptocurrency performance tracking platform globally. CoinMarketCap is synonymous with trust and industry credibility, making this a significant milestone for any new token. Being listed on CoinMarketCap ensures that Ruvi AI receives unparalleled exposure to millions of potential traders and investors. This partnership validates Ruvi AI as a reliable and promising project, further fueling its momentum toward becoming a game changer in the crypto market. Built on Trust and Security Security is a top concern for cryptocurrency investors, and Ruvi AI has addressed it head-on. The token has undergone a rigorous third-party audit by CyberScope , a leading blockchain security firm. CyberScope confirmed that Ruvi AI’s smart contracts are free of vulnerabilities, adding an extra layer of protection and transparency for its community. This robust focus on security sets Ruvi AI apart from many speculative projects, underscoring its legitimacy while offering peace of mind to cautious investors. Real-World Utility Drives Demand Ruvi AI is far from being a speculative investment, it boasts real-world applications that promise long-term demand. Leveraging the power of blockchain and artificial intelligence, Ruvi AI is positioned to transform key industries. AI-Powered Marketing Solutions Ruvi AI’s platform offers businesses advanced AI-driven tools to improve ad performance, refine audience targeting, and generate actionable insights. By optimizing campaigns and reducing costs, Ruvi AI has become an indispensable asset for companies striving to stay ahead in today’s competitive landscape. Empowering Digital Creators Ruvi AI also revolutionizes how content creators operate. Its blockchain-powered instant payouts eliminate frustrating delays in earnings, while its AI analytics tools help creators grow and engage their audiences more effectively. These practical features ensure Ruvi AI remains relevant and in demand across various sectors. WEEX Exchange Partnership Expands Accessibility To further bolster its accessibility, Ruvi AI has partnered with WEEX Exchange , a trusted crypto trading platform that ensures smooth and secure transactions. This partnership guarantees liquidity and ensures Ruvi AI will be easy for investors to trade globally after its listing. Early Backers Enjoy Exclusive VIP Rewards Ruvi AI incentivizes early investors with a generous VIP bonus tier system , amplifying returns for participants who invest at this stage. VIP Tier 2 ($750 investment, 40% bonus): Tokens Received = 70,000 (50,000 base + 20,000 bonus). Value at $0.07 = $4,900. Value at $1 = $70,000. VIP Tier 3 ($2,100 investment, 60% bonus): Tokens Received = 224,000 (140,000 base + 84,000 bonus). Value at $0.07 = $15,680. Value at $1 = $224,000. VIP Tier 5 ($7,500 investment, 100% bonus): Tokens Received = 1,000,000 (500,000 base + 500,000 bonus). Value at $0.07 = $70,000. Value at $1 = $1,000,000. These VIP bonuses make Ruvi AI’s presale even more appealing, giving early adopters the potential to maximize their returns. Don’t Miss Out, Secure Your Stake Today Ruvi AI’s rapid growth, $2.5 million presale raise , and cutting-edge partnerships like CoinMarketCap highlight its immense potential. With its current price at just $0.015 per token and 70% of Phase 2 sold , time is running out for those looking to join this groundbreaking opportunity. By the time the presale ends, Ruvi AI will lock in at $0.07 per token , and analysts are confident the token will climb even higher post-listing, potentially reaching $1 and beyond. Don’t wait, take action now to join Ruvi AI’s presale and position yourself for significant gains. This could be the crypto opportunity you’ve been waiting for! Learn More Buy RUVI: https://presale.ruvi.io Website: https://ruvi.io Whitepaper: https://docs.ruvi.io Telegram: https://t.me/ruviofficial Twitter/X: https://x.com/RuviAI Try RUVI AI: https://web.ruvi.io/register Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Binance Coin (BNB) 2.0? This New Audited AI Token Just Listed on CoinMarketCap and Broke Records with a $2.5M Presale in No Time appeared first on Times Tabloid .
Ripple’s Chief Executive Officer (CEO), Brad Garlinghouse, has issued a serious warning to XRP investors amid a surge in scam activity targeting investors across social media platforms like YouTube. The alert follows increasing reports of fraudulent accounts impersonating Ripple and its executives, with the aim of tricking users into sending their XRP. Ripple Warns Investors Of Rising XRP Scams On July 23, Garlinghouse took to X social media to raise the alarm on a sharp rise in XRP scams, urging investors and community members to stay alert. According to the Ripple CEO, scammers are capitalizing on market momentum and community excitement to ramp up impersonation schemes, particularly targeting unsuspecting XRP holders. Related Reading: How Ripple Is Taking On SWIFT To Grab 14% Market Share As XRP Price Surges One of the most notable developments flagged by Garlinghouse is a recent surge in fraudulent activity on YouTube, where scammers have taken over existing channels, rebranded them to resemble recognized Ripple accounts, and begun promoting misleading content that impersonates the crypto company and its executives. In its official X account, the Ripple team stressed that these YouTube accounts are legitimate and do not belong to the crypto firm, despite appearing convincing. In many cases, the usernames have been altered to mimic the company’s official handles, often making it difficult for unsuspecting users to identify the deception. These scam videos frequently promise giveaways, rewards, or investment multipliers, usually asking users and investors to send XRP in exchange for a larger return. Garlinghouse has emphasized that neither he nor Ripple will ever request XRP from anyone under any circumstances. To combat the growing threat of skyrocketing crypto scams, Ripple is actively and aggressively reporting these fraudulent accounts and encouraging its community to do the same. The company has reiterated that its official channels remain the only trusted sources of communication and provides a direct reminder to always verify account handles and links before engaging. Notably, Garlinghouse concluded his post with an important reminder to stay vigilant against avoidable losses. He warned that “if it sounds too good to be true, it probably is.” Ripple Alert Highlights Broader Threat Amid Market Recovery Beyond the immediate focus on the YouTube impersonation scams, Garlinghouse’s report touches on a broader trend of escalating crypto fraud that tends to spike during periods of market recovery or growing optimism. This pattern, described by the Ripple CEO as “like clockwork,” suggests that malicious actors closely monitor community sentiment and time their campaigns to exploit emotional and financial excitement. Related Reading: XRP Transactions Barrels Over $1 Billion To Monthly Highs, Are Whales Driving The Next Leg? In a broader context, the rise in XRP scams has coincided with the recent surge in the altcoin’s price to above $3.6. Additionally, they come after bullish news like Ripple’s growing regulatory clarity and legal win against the US SEC. As the XRP price inches closer to ATH levels and gains more momentum, bad actors are leveraging this wave of optimism to cast a wider net, targeting investors through sophisticated scams and fraudulent schemes. Featured image from Getty Images, chart from Tradingview.com
Despite the pullback from $0.3, the RSI reset and rising OBV signaled that HBAR’s rally still had fuel left.
The Guiding and Establishing National Innovation for U.S. Stablecoins Act—better known as the GENIUS Act—was signed into law on July 18, 2025. It marks a watershed moment in U.S. digital asset policy: the first comprehensive federal framework specifically regulating the issuance and operation of payment stablecoins. The following opinion editorial was written by Alex Forehand
Investors are moving out of government bonds and putting that money into corporate debt across the U.S. and Europe. The flow began picking up at the end of last year and hasn’t slowed. In June, $3.9 billion was pulled out of U.S. Treasuries while $10 billion went into high-grade corporate bonds on both continents. By July, another $13 billion was added just to U.S. investment-grade corporate debt—making it the largest monthly buy since 2015, according to Bloomberg. This is no minor reallocation. For decades, U.S. government debt was the most trusted instrument in global markets. But now, rising fiscal deficits and ballooning interest costs are making Treasuries less appealing to institutional investors. Michaël Nizard, who manages portfolios at Edmond de Rothschild Asset Management, began pulling away from sovereign debt late last year. He said he’s kept that position steady ever since. Wall Street sees credit strength while governments pile on debt The U.S. government’s spending problem isn’t new, but the pressure has been increasing. Donald Trump’s tax cut bill, signed during his first term and now continuing to impact revenue during his second presidency, is projected to add about $3.4 trillion to the federal deficit over the next decade. This projection came from the Congressional Budget Office. At the same time, interest costs are climbing. By 2035, debt payments could consume 30% of the country’s revenue. That compares with 18% expected this year and just 9% four years ago. Those numbers contributed to a major downgrade. In May, Moody’s Ratings stripped the U.S. of its last AAA rating, bringing it down to Aa1. The agency specifically cited the growing deficit and the government’s rising interest burden. That rating cut has added to the sense that Treasuries are no longer untouchable. Still, the shift toward corporate debt hasn’t been rapid. The U.S. government doesn’t borrow in foreign currency and has the ability to print dollars. That gives it flexibility that most countries don’t have. Even during the tariff standoff in April, Treasuries performed better than company bonds, even though both markets saw falling prices. Foreign demand also hasn’t dried up—international holdings of Treasuries increased in May. But corporate bonds have started to look more attractive for other reasons. While governments rack up obligations, companies have posted relatively strong earnings. More U.S. firms have beaten Wall Street estimates this earnings season than during the same stretch last year. That’s been enough for major asset managers like BlackRock to favor credit. In a note last week, their team wrote, “Credit has become a clear choice for quality.” Spreads tighten, but demand for company debt holds Valuations for company bonds have been running high, which points to strong demand. U.S. high-grade corporate spreads have stayed below 80 basis points through July. That’s well below the 10-year average of 120 basis points based on Bloomberg index data. In Europe, euro-denominated investment-grade spreads averaged around 85 basis points for the same period, lower than the 123 basis point average over the past decade. But not everyone is sold on this rally. Gershon Distenfeld, who runs funds at AllianceBernstein, has already started cutting back on credit exposure. He reduced his position that favored corporate risk over rate risk earlier in July. Dominique Braeuninger at Schroders echoed that view. She said spreads were too tight to justify the risk of diving further into corporate debt. BlackRock may be backing credit overall, but even they’re taking a cautious approach. The firm is avoiding long-term high-grade notes because of how little they pay relative to risk. Instead, they’ve gone overweight on short-term corporate credit, where the balance looks more favorable. Still, for many fund managers, the picture is shifting. Governments aren’t offering the same sense of security they used to. Jason Simpson, a senior fixed income strategist at State Street, said, “What we’ve seen on the government fiscal side is not great news. Corporates seem to be chugging along nicely.” Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
Key takeaways Solana’s price can reach a maximum of $323.40 and an average trading value of $291.75 in 2025. By 2028, SOL is expected to reach a new high of $666.41, driven by mainstream adoption of its dApps. Solana’s price could surpass the $1,000 mark, potentially reaching $1,543.45 or higher by 2031. Despite occasional challenges for Solana ecosystem, including network congestion and competition from other blockchain platforms, the current sentiment shows that Solana demonstrates resilience and adaptability, despite the current price fluctuations, positioning itself as a leading player in the decentralized finance (DeFi) and Web3 landscape. Overall, the prevailing sentiment within the Solana community reflects the current sentiment of confidence and excitement among investors , driven by the growing interest in Solana with stakeholders eagerly anticipating the platform’s continued evolution and impact on the broader crypto ecosystem. While uncertainties persist, Solana’s innovative approach and robust infrastructure instill optimism for its future price trajectory, as indicated by the technical analysis, solana price forecast and market dominance, particularly when evaluated against momentum indicators. How high can SOL go in 2025 and beyond? Overview Cryptocurrency Solana Token SOL Price $186 (+2%) Market Cap $97.90 Billion Trading Volume 24-hour $9.02 Billion Circulating Supply 538.31 Million SOL All-time High $294.33 Jan 19, 2025 All-time Low $0.5052, May 11, 2020 24-hour High $205.87 24-hour Low $187.09 Solana price prediction: Technical analysis Sentiment Bullish 50-Day SMA $153.91 200-Day SMA $163.72 Price Prediction $412.15 (118.42%) F & G Index 34.79 (fear) Green Days 18/30 (60%) 14-Day RSI 83.82 Solana price analysis: SOL struggles in surging above $190 TL;DR Breakdown: Solana price analysis shows volatility around $190 Resistance for SOL is at $200 Support for SOL/USD is at $180 The price analysis of Solana for July 26 shows that SOL failed to climb past $190, resulting in a sharp crash back to $180. Solana price analysis 1-day chart: SOL aims for a move above $190 Solana faced minor buying demand as it aimed to move above $190. However, current technical suggests a trend correction that might strengthen the $190. Currently, the price is holding momentum above $186, aiming for a break above the bullish channel. SOL/USDT chart by Tradingview The Relative Strength Index (RSI) stands at 61.06, showing that the retracement has put the trend back in the healthy zone but shows room for further volatility across the daily charts. The Moving Average Convergence Divergence (MACD) line surges rapidly, suggesting rising bullish pressure. Additionally, the MACD candles show rising bullish momentum in the market. SOL/USD 4-hour price chart: Bearish momentum continues to challenge buyers The 4-hour chart for Solana revealed a steady rise as the bulls aimed to hold above the $190 price level. However, the recent crash suggests a dominating control from sellers. SOL/USDT chart by Tradingview From a technical perspective, the MACD shows rising bullish momentum at 0.28, with the indicator showing rising buying demand with recent candles. This suggests that SOL may have found a support at the level. The RSI (Relative Strength Index) surged to 49, indicating that Solana still has room for further movement in the upwards direction across the short term and SOL needs to defend the $185 level. Solana technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $ 164.31 BUY SMA 5 $ 180.53 BUY SMA 10 $ 179.34 BUY SMA 21 $ 167.93 BUY SMA 50 $ 158.27 BUY SMA 100 $ 158.86 BUY SMA 200 $ 153.13 BUY Daily exponential moving average (EMA) Period Value Action EMA 3 $ 167.97 BUY EMA 5 $ 162.48 BUY EMA 10 $ 154.46 BUY EMA 21 $ 145.40 BUY EMA 50 $ 146.23 BUY EMA 100 $ 159.35 BUY EMA 200 $ 167.58 BUY What to expect from Solana price analysis? SOL/USDT chart by Tradingview The Solana price analysis across the daily and 1-hour charts indicates minor resistance around $190. The chart suggests a correction before the bulls can continue upwards. As the price falls back towards $185, SOL can be expected to hold at $180, a key level that has been defended previously. However, if the price falls below the $175 level, SOL may fall to the $168 mark. Is SOL a good investment? Solana is a high-performance blockchain platform known for its scalability and speed, boasting a substantial Total Value Locked ( TVL ). The network continues to hit key development milestones. Despite a challenging month, price predictions indicate a more positive outlook, suggesting the potential for future growth. Why is SOL up? Solana, despite crossing past the $185 resistance, found it difficult to cross past $190 as the bullish momentum was stretched thin. However, buyers continue to push the price above immediate Fib levels. What is Solana going to be worth in 2025? The Solana (SOL) price prediction for 2025 suggests a minimum value of $150.06 with an average price of $331.81. The price could reach a maximum of $367.80 during the year. Will SOL reach $1,000? The price forecasts indicate that SOL could reach the $1000 mark by 2030. Given the bullish scenario and the projected positive market sentiment and growth trend, SOL might reach $1,000 within the next five years. Can Solana reach $5,000? Reaching $5,000 is plausible but would likely take several years beyond the current forecast period. However, a snowball in the asset’s adoption might bring the moment sooner. Does SOL have a good long-term future? Yes, Solana has a good long-term future, with a promising market capitalization and exciting potential roi due to its high scalability, low transaction costs, robust ecosystem, and increasing institutional interest. Its growing adoption, strong developer community, and strategic partnerships further enhance Solana’s forecast of its potential for sustained growth. Recent news/updates on Solana ETF provider Rex Shares and crypto investment firm Osprey Funds have launched the first spot Solana (SOL) ETF in the U.S. with onchain staking rewards. Solana has announced the support for WBTC, which is backed by 1:1 by Bitcoin custodied. This is custodied by Bitgo exchange. Bitcoin 🤝 Solana WBTC, the most widely issued wrapped Bitcoin, is now natively available on Solana. https://t.co/89csX4wVXB — Solana (@solana) May 5, 2025 Solana price prediction July 2025 The sol price prediction for July 2025 suggests a range of outcomes based on current market trends and analysis. The forecast anticipates SOL fluctuating between a minimum of $124.42 and an average of $147.01, and potentially reaching a maximum of $177.69. Month Minimum Price ($) Average Price ($) Maximum Price ($) July 124.42 147.01 177.69 Solana price predictions 2025 The Solana (SOL) price prediction for 2025 suggests a minimum value of $131.94, with an average price of $291.75. The price could reach a maximum of $323.40 during the year. Year Minimum Price () Average Price () Maximum Price () 2025 131.94 291.75 323.40 Solana (SOL) price prediction 2026-2031 Year Minimum Price () Average Price () Maximum Price () 2026 315.96 355.93 371.15 2027 432.89 517.69 528.91 2028 565.97 638.04 666.41 2029 697.78 789.05 806.18 2030 990.40 1,055.57 1,099 2031 1,433.04 1,481.41 1,543.45 Solana Price Prediction 2026 Solana (SOL) is predicted to reach a minimum of $315.96 in 2026. Experts suggest the coin could climb to a maximum of $371.15, with an average price around $355.93. Solana Price Prediction 2027 In 2027, Solana’s price is forecasted to be around a minimum of $432.89. The coin may reach a maximum value of $528.91, with an average trading price of $517.69. Solana Price Prediction 2028 If the bullish trend continues into 2028, SOL may see a minimum price of $565.97, a maximum of $666.41, and an expected average of $638.04. Solana Price Prediction 2029 Analysis shows that Solana could continue its upward momentum in 2029, with the price potentially hitting a minimum of $697.78, a maximum of $806.18, and an average of $789.05. Solana Price Prediction 2030 Based on projections for 2030, Solana may trade at a minimum of $990.40, with an average price around $1,055.57 and a possible peak of $1,099.00. Solana Price Prediction 2031 Solana’s price is expected to reach a minimum of $1,433.04 in 2031. Experts forecast a maximum value of $1,543.45 and an average trading price of $1,481.41. Solana Price Prediction 2025 – 2031 Solana market price prediction: Analysts’ SOL price forecast Firm Name 2025 2026 Changelly $157.71 $244.91 DigitalCoinPrice $339.32 $389.42 Cryptopolitan’s Solana (SOL) price prediction Our predictions show that SOL will achieve a high of $323.40 in 2025. In 2028, it will range between $565.97 and $666.41, with an average of $638.04. In 2031, it will range between $1,433.04 and $1,543.45, with an average of $1,481.41. Note that these predictions are not investment advice, and it is crucial to consider investing strategies and conduct your own research before making any decisions. Seek independent professional consultation or do your research. Solana (SOL) historic price sentiment Solana Price History Source: Coinmarketcap Solana was launched in April 2020 and has gained popularity over the last 18 months. Its price surged from $0.75 to a high of $214.96 in early September. Following NFT hype and growing demand in the DeFi community, the cryptocurrency Solana (SOL) price more than tripled during the summer of 2021. Solana (SOL) token became the fastest-growing cryptocurrency and is currently ranked fifth with a live market cap of nearly $66 billion. 2022 saw Solana leap to its all-time high of $260, but SOL failed to close the year anywhere near that high, as the price came crashing down to below $40 by June. The bearish markets were marked by high skepticism as trading volumes declined throughout the crypto markets. The price continued to trade below the $40 level until November 2023, when Solana gained momentum and started a bullish rally again to close the year at $101.84. In 2024, Solana (SOL) saw significant growth, with its price rising from $83.62 in January to a high of $202.87, fueled by its dominance in DeFi, NFTs, and decentralized exchanges. However, the price fluctuated through the year, retracing to $131 in September after struggling to maintain key levels. October brought a positive rebound as SOL rose from $152 to close at $167, but early November started bearish, with the price dipping to $160. However, Solana bounced back sharply and closed the month above the $230 mark. December, on the other hand, has observed a slow start as price volatility remains low. Solana’s (SOL) price rose significantly in January 2025 from below the $190 level to close the month above $210. However, the latter half of the month saw the price decline from the $230 mark, a trend that continued through February ending the month below $150. In March the price continued falling as the bears continued dominating the short to mid term markets ending the month below $125. In April the bearish rally has only continued as the price falls towards $100. However, the bulls bounced back in the middle of the month and ended the month around $150. In May the price continued to rise and ended the month above the $165 price level, a trend that could not extend through June as the month saw a decline falling below the $150 price level to end the month.
Cryptocurrency analysis firm MakroVision, in its latest technical assessment for Bitcoin (BTC), stated that the market has entered a healthy consolidation phase following a strong rally. The company stated that BTC has entered a classic “bull flag” formation, a positive technical structure often seen following rapid price increases. According to MakroVision's analysis, the most critical short-term resistance level for Bitcoin is the Fibonacci retracement at around $121,100. Breaking this level could trigger a new upward wave. Meanwhile, support at around $113,600 coincides with the 0.382 Fibonacci retracement level, and a potential return to this level would be considered a healthy technical correction. Related News: Last Week's Most Successful Major Cryptocurrency Whale Revealed: Here Are Their Positions and Profit Amounts! The firm said that if BTC can sustain above $106,000, the medium-term bullish momentum will be maintained. The analysis indicates that if Bitcoin breaks above $121,000, the 1.382 Fibonacci extension point at around $129,600 will be highlighted. If this level is also broken, the next target could be around $133,800. *This is not investment advice. Continue Reading: Critical Levels in Bitcoin Have Been Set – What Levels Must Be Exceeded for an Explosive Uptrend? What Level Is Important to Prevent a Decline?