As of April 11, 2025, Solana (SOL) is showing signs of life after a sharp pullback from its 2024 highs. The weekly chart reveals a crucial technical development as the price rebounds from a major support zone around $103.64, gaining over 8.8% this week to trade at $115.26. This level has historically acted as strong support, and the recent bounce suggests that buyers are stepping in to defend it once again. SOL is also testing the lower boundary of a long-standing ascending channel, which has guided price action since early 2023. A continued bounce here could reignite bullish momentum. However, for bulls to regain full control, the price must reclaim $135.52 , the next major resistance level. A successful breakout above that could open the doors to higher targets at $165 and even $202 in the coming weeks. On the flip side, if the $103 support fails and the price closes below the channel, it could signal a breakdown toward the $85 region—or worse, a revisit of long-term demand zones between $50–$70. In summary, Solana is at a technical crossroads. The coming weeks will be critical in determining whether this bounce evolves into a full reversal or just a temporary relief in a broader downtrend. Join us in building a vibrant crypto and blockchain community! Engage in discussions, share insights, and like posts to contribute. https://bitrr.io
Hello, Skyrexians! Let's continue to look at the different confirmations of the incoming growth on crypto. BINANCE:XRPUSDT is one the largest altsoins was in correction for 4 month. This was a global wave 4, now we have the confirmation that Ripple coin will reach new ATH. Let's take a look at the daily time frame. Previous huge impulse consists of 5 waves. It was a global wave 3, now we are in the ABC shaped wave 4. The anticipated wave C has been finished inside the 0.61 Fibonacci Retracement. Also we can see the bullish divergence and increasing momentum at the Awesome Oscillator. Moreover, we can see the green dot on the Bullish/Bearish Reversal Bar Indicator , which is the great potential growth confirmation. The target for the next wave is approximately at $3.8, but can be recalculated further. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
Does this coin belongs to be among top 10-40 Altcoins - DEFINITELY YES! Last supply take over is happening next 7-15 days.
In a major development for the U.S. crypto sector, President Donald Trump signed into law on April 10, 2025, a bill repealing an Internal Revenue Service (IRS) rule that aimed to impose stringent tax reporting requirements on decentralized finance (DeFi) platforms. The rule, finalized in December 2024 during the closing weeks of the Biden administration, […]
The Arizona Senate has passed House Bill 2342, a landmark piece of legislation aimed at protecting the rights of cryptocurrency/bitcoin miners and node operators. The bill cleared the Senate on April 9 with a 17–12 vote and now awaits the signature of Governor Katie Hobbs to be enacted into law. HB 2342, dubbed the Bitcoin […]
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The GBP/JPY pair on the M30 timeframe is showing a potential selling opportunity, following a triangle breakout pattern. This pattern indicates a possible shift in momentum towards the downside in the coming hours. Possible Short Trade Idea: Entry: Look for short entries around the trendline of the breakout pattern. Target Levels: 1st Support: 184.40 TARGET 1 2nd Support: 182.60 TARGET 2 PLease hit the like button leave a comment to support for my post Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. If you found this analysis helpful, please hit the like button and leave a comment to show your support! Your engagement motivates me to continue sharing more valuable insights. Best Regards, James_gold_MASTER_MQL5 Thank you!
Render is a solid project with an active and expanding team. When a project shows strong fundamentals and a bullish technical setup, I'm eager to take a trade. Currently, RENDER is trying to break out of a long descending channel consolidation. A successful breakout could lead to a move towards $6."