Tag: bearish

The Solana rally is at risk of the appearance of a fleeting bearish star in the daily chart


  • The rebound of 40% of Solana from $ 95.23 faces the threat of a fleeting star candle.
  • Technical data shows a bullish MacD but a fragile impulse with a key support of $ 125– $ 128.
  • Macroeconomic pressures and competition test the capacity to sustain the impulse of $ 147.60.

The price of Solana has risen 40% since a minimum of one year of $ 95.26 registered in Binance last week, reaching $ 131.32 on April 15, 2025.

This price increase, a large part of which occurred in the last week, has lit the possibility that Solana (Sol) will recover from its three -month bearish trend.

What is behind the current Increase in Solana prices?

One of the key factors promoted by the current price of Solana is the expected launch of the first ETF from Solana to the Cash in Canada with Staking Capacity.

These ETFs, approved by the Ontario Securities Commission, will allow investors to obtain rewards through staffing, thus promoting the demand for sun. In addition, the solid activity of NFT in the integrations of Solana and Web3 also supports its ascending trajectory.

Last but not least, the support of risk capital to Solana -based projects underlines solana’s long -term attraction despite market volatility.

Technical analysis of the Price of Solana

After the current price increase, Solana has exceeded a three -month descending wedge. However, yesterday a fleeting star candle formed in the daily chart, indicating possible problems for this rebound. This bearish pattern, which arose after Sol reached $ 134.19, suggests a rejection and possible setback. The 50 -day exponential (EMA) mobile average, at $ 136, now acts as a short -term dynamic resistance, which, if overcome, could prepare the land for an important bullish trend.

Meanwhile, the EMA of 20 days, at $ 124.28, offers support, maintaining the long -term upward trend. The RSI, in 54.12, reflects a slight optimism, but lacks a strong impulse to confirm a break.

Solana price prediction

Solana’s ability to maintain her bullish impulse faces significant obstacles. Macroeconomic pressures, including geopolitical risks and speculation about the US Federal Reserve policies, affect risk assets such as cryptocurrencies.

In addition, the competition of the new layers of layer 1 blocks, such as SUI and suitable, tests the Solana market share. Likewise, the problems of congestion of the network of the past, although less frequent, still persist in the minds of investors.

And although the price/performance ratio/ETH yet recently shot up to 8.1%, which highlights Solana’s relative strength, Ethereum’s low performance may not persist for a long time.

Technical indicators have a mixed panorama for the short -term trajectory of Solana. A MACD bullish crossing, with the blue line overcoming the orange signal line, hints at a growing buying force, with growing green histogram bars that reinforce this short -term buying pressure.

However, the appearance of the fleeting star near the resistance of $ 134.19 generates concern for exhaustion. A rupture below the immediate support of $ 125- $ 128, which has been tested several times recently, could drive Sun towards the psychological level of $ 100, a 50% setback from its 2023 rebound.

However, if buyers defend $ 125 and the macroeconomic feeling improves, an impulse towards the resistance of $ 147.60 is possible. However, without a decisive bullish catalyst, consolidation between $ 125 and $ 145 seems likely.

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Ethereum’s price stagnates in a deep bearish market while professionals go to Bitcoin Pepe


Risk aversion has continued to influence the cryptocurrency market before the persistent tariff nervousness and concern for interest rates. Not even Trump’s participation at the Blockwork digital asset summit is enough to reverse market confidence. In the absence of an important bullish catalyst, it is likely that most cryptocurrencies are maintained within a fluctuation range.

However, revolutionary projects such as Bitcoin Pepe They continue to attract investors who seek to be part of cryptocurrencies with enormous growth potential. The unique combination of Bitcoin’s safety, the speed of Solana and the popular memes culture is, to a large extent, the reason for the success of the project.

The ETF of ETH records constant departures while the price of Ethereum is maintained below the crucial zone

Ethereum’s price It has fallen below the crucial level of 2000 dollars after exceeding it on Wednesday. Since mid -December 2024, when it reached its maximum in four years, Altcoin has collapsed more than 50 %. Last week, it reached its lowest level since October 2023, since tariff nervousness maintains risk aversion in the cryptocurrency market in general.

According to Sosovalue, the ETF of Ethereum (ETH) in cash have registered net exits during 12 consecutive sessions. On Thursday, the daily net exits reached 12.41 million dollars, with the ETHe of Grayscale registering accumulated exits of 4170 million dollars. Even so, it has registered accumulated tickets of 2440 million dollars.

A look at his daily chart shows that the price of Ethereum continues to quote below the EMA of 25 and 50 days. In the short term, the bulls will seek to ensure a rebound above 2000 dollars. However, it is likely that the Altcoin will continue to fluctuate within the range of between $ 1807 and the level of resistance along the EMA of 25 days in $ 2134. Ethereum price chart

Bitcoin Pepe’s winning trifactor maintains its ascending impulse

Even with the current crisis of cryptocurrencies, Bitcoin continues to take advantage of its reputation as the safer and stable network. In fact, this reliability has contributed to the overwhelming acceptance of Bitcoin Pepe in the market. It is presented as the first ICO of Memecoins on the network, combining the culture of memes with the speed of Solana and the security of Bitcoin.

Thanks to this factor, the project has raised more than 5.6 million dollars in just five weeks. Cunning investors see their current performance as the beginning of the extraordinary growth of cryptocurrency and know that they should not miss this opportunity. In addition, even before launching the public in the second quarter of 2025, the cryptocurrency is already rewarding its first users.

Currently, in stage 7 of their presale, their holders have already seen their capital investment grow by 27.6 %. At the end of the 30 stages, they will enjoy accumulated profits of 311.4 %, since the price of the token BPEP increases approximately 5 % at each stage.

Read more about how to buy Bitcoin Pepe here.

The price of Bitcoin remains within a range, since risk aversion exceeds Trump’s optimism.

At the beginning of Friday’s session, Bitcoin’s price He deleted most of the profits recorded in the last two sessions. It should be noted that risk aversion continues to prevail over the optimism of President Trump on the cryptocurrency market. While Trump’s speech at the Blockwork Digital Assets Summit promoted investor confidence, cryptocurrency enthusiasts are still concerned about tariffs and interest rates.

A look at your daily chart shows that the price of Bitcoin still quotes in the EMA of 25 and 50 days. In the short term, it will be important to observe the range between the support in $ 80,525 and the resistance zone at $ 87,254.     

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