Solana started a fresh increase from the $194 zone. SOL price is now recovering higher and faces a heavy resistance near $212. SOL price started a recovery wave after it tested the $194 zone against the US Dollar. The price is now trading above $200 and the 100-hourly simple moving average. There was a break below a connecting bullish trend line with support at $207 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $212 resistance zone. Solana Price Faces Resistance Solana price started a decent increase from the $194-$195 zone, like Bitcoin and Ethereum. SOL was able to climb above the $200 and $202 resistance levels. There was a clear move above the 50% Fib retracement level of the downward move from the $218 swing high to the $194 low. However, the bears seem to be active near the $212 resistance zone. The price reacted to the downside below $210. There was a break below a connecting bullish trend line with support at $207 on the hourly chart of the SOL/USD pair. Solana is now trading above $204 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $2102 level. The next major resistance is near the $212 level or the 76.4% Fib retracement level of the downward move from the $218 swing high to the $194 low. The main resistance could be $218. A successful close above the $218 resistance zone could set the pace for another steady increase. The next key resistance is $232. Any more gains might send the price toward the $245 level. Another Decline In SOL? If SOL fails to rise above the $212 resistance, it could continue to move down. Initial support on the downside is near the $204 zone. The first major support is near the $200 level. A break below the $200 level might send the price toward the $195 support zone. If there is a close below the $195 support, the price could decline toward the $184 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $200 and $195. Major Resistance Levels – $212 and $218.
The advance came as broader crypto markets rose and after CEA Industries announced it expanded its BNB stash to 388,888 tokens worth $330 million.
The rebound from support was fueled by above-average activity and a clean break above nearby resistance could shift sentiment.
BONK consolidates after sharp swings, with unlock dynamics shaping investor sentiment
ICP traded in a 5% channel from $4.60 lows to $4.84 on surging volume, showcasing resilience despite broader market turbulence.
XRP formed a spinning bottom candlestick pattern, flashing early signs of potential bull reversal.
Solana started a fresh increase from the $195 zone. SOL price is now recovering higher and might aim for a move above the $205 resistance zone. SOL price started a recovery wave after it tested the $195 zone against the US Dollar. The price is now trading below $205 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $201 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $205 resistance zone. Solana Price Eyes Steady Recovery Solana price extended losses after there was a close below $205, like Bitcoin and Ethereum. SOL traded below the $200 and $195 support levels to enter a short-term bearish zone. A low was formed at $194 and the price is now attempting a fresh increase. The price surpassed the $198 and $200 resistance levels. There was a move above the 23.6% Fib retracement level of the downward move from the $218 swing high to the $194 low. Besides, there was a break above a connecting bearish trend line with resistance at $201 on the hourly chart of the SOL/USD pair. Solana is now trading below $205 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $202 level. The next major resistance is near the $205 level or the 50% Fib retracement level of the downward move from the $218 swing high to the $194 low. The main resistance could be $209. A successful close above the $209 resistance zone could set the pace for another steady increase. The next key resistance is $218. Any more gains might send the price toward the $225 level. Another Decline In SOL? If SOL fails to rise above the $205 resistance, it could continue to move down. Initial support on the downside is near the $200 zone. The first major support is near the $195 level. A break below the $195 level might send the price toward the $188 support zone. If there is a close below the $188 support, the price could decline toward the $184 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $200 and $195. Major Resistance Levels – $205 and $209.
Polygon (POL) is approaching a critical juncture around the $0.28 mark, where recent momentum meets key resistance. The coming sessions could determine if buyers can push past this level for a breakout or if a pullback toward support near $0.26 will set the stage for consolidation. Polygon Uptrend Faces Resistance At $0.28 GemXBT, in a recent update shared on X, highlighted that Polygon has been trending upward, showing encouraging strength in its recent performance. However, the chart now reveals that the price is approaching a crucial resistance level at $0.28, while finding strong support around $0.26. Related Reading: Last Chance For Polygon As Crypto Analyst Predicts MATIC Price Will Surge Above $1 Again From a technical perspective, the MACD has flashed a bearish crossover, which often signals fading momentum or the possibility of a short-term correction. This development suggests that bulls may need to exert more pressure to sustain the uptrend and push through the $0.28 resistance. Adding to this cautious tone, the RSI is moving downward, indicating weakening buying pressure. If the indicator continues to fall, a dip toward the $0.26 support area could be on the cards before any attempt at a fresh rebound. Interestingly, volume spikes have consistently aligned with price peaks, which signals heightened interest and activity whenever POL approaches key levels. This dynamic underscores the importance of monitoring these technical zones closely, as they could set the stage for either a decisive breakout above resistance or a corrective pullback to retest lower supports. Key Decision Point: Rally Continuation Or Healthy Reset? According to OLUWANIFEMI, Polygon is currently trading at $0.2778, marking an impressive 13.82% gain over the last 24 hours, indicating strong momentum. Building on this, OLUWANIFEMI highlights that the price action is right around the $0.280 resistance zone, which is shaping up to be a critical level for the next move. In his view, if buyers manage to maintain control and push past this barrier with convincing volume, the setup could pave the way for a further breakout to the upside. Related Reading: Polygon Eyes 2x Upsurge From Broadening Wedge Pattern However, he also cautions that not all signals point to immediate strength. Should momentum begin to fade, the expert anticipates a healthy pullback toward the $0.260 support region. A retest of this level, he emphasizes, would not necessarily harm the broader trend but could instead provide the market with room to reset before the next upward leg. Concluding his outlook, the analyst stresses that this makes the current zone particularly important to monitor. Whether Polygon breaks higher or dips into consolidation, he claims sharp traders will be watching closely to position themselves for the next significant move in either direction. Featured image from Polygon, chart from Tradingview.com
XRP trades around $2.75 after intraday swings, with Martinez warning of a $2.40 downside risk if support fails and outlining a bullish path toward $3.70.
Underlying network activity surged, with daily active wallet addresses on BNB Chain more than doubling to 2.5 million, but transaction volumes have been dropping steadily since late June.
Despite the sell-off, PEPE rebounded sharply from it's session lows, with sustained buying interest and growing whale holdings.
Technical indicators confirm a bearish shift suggested by violation of key price support levels.
Bitcoin accumulation by retail and institutions is hitting highs, with one analyst saying it could set the stage for a major breakout as price steadies near $109,000
Alex Krüger says recent liquidations and scary charts could set up a bullish rebound, though conviction trends may wait until after the Fed’s Sept. 17 decision.
Block flows suggest that traders are still betting on a year-end rally.
Solana started a fresh increase above the $200 zone. SOL price is now consolidating above $212 and might aim for more gains above the $220 zone. SOL price started a fresh upward move above the $200 and $212 levels against the US Dollar. The price is now trading above $212 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $212 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $220 resistance zone. Solana Price Extends Surge Solana price started a decent increase after it found support near the $192 zone, beating Bitcoin and Ethereum. SOL climbed above the $200 level to enter a short-term positive zone. The price even smashed the $205 resistance. The bulls were able to push the price above the $212 barrier. A high was formed at $217 and the price is consolidating gains above the 23.6% Fib retracement level of the upward move from the $185 swing low to the $217 high. Solana is now trading above $212 and the 100-hourly simple moving average. There is also a bullish trend line forming with support at $212 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near the $218 level. The next major resistance is near the $220 level. The main resistance could be $225. A successful close above the $225 resistance zone could set the pace for another steady increase. The next key resistance is $232. Any more gains might send the price toward the $250 level. Downside Correction In SOL? If SOL fails to rise above the $220 resistance, it could start another decline. Initial support on the downside is near the $212 zone. The first major support is near the $210 level. A break below the $210 level might send the price toward the $202 support zone and the 50% Fib retracement level of the upward move from the $185 swing low to the $217 high. If there is a close below the $202 support, the price could decline toward the $195 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $212 and $202. Major Resistance Levels – $220 and $225.
Support has formed in the $3.90-$3.91 zone, with resistance at $4.02.
Institutional capital and Solana ecosystem growth fuel optimism for memecoin utility.
ICP executes V-shaped recovery, reclaiming $5.13 on heavy volume, possibly setting up for continued gains
Solana's SOL surged past $208, outpacing broader markets as analysts weigh breakout signals, treasury demand and new institutional validator activity.
The Solana-based meme coin consolidates near $0.0000205 after a corporate financing deal boosts market confidence.
FIL trading volume was 75% above 30-day averages, signaling heightened institutional interest.
Ether, solana, and XRP maintain relatively stronger positions.
Support has formed in the $4.38-$4.41 zone, with resistance at $4.50.
Bitcoin has retraced to pre-Powell levels, maintaining bearish technical setup.
Solana started a fresh increase above the $188 zone. SOL price is now consolidating above $200 and might aim for more gains above the $212 zone. SOL price started a fresh upward move above the $192 and $202 levels against the US Dollar. The price is now trading above $200 and the 100-hourly simple moving average. There is a rising channel forming with support at $205 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $212 resistance zone. Solana Price Aims For More Gains Solana price started a decent increase after it found support near the $188 zone, unlike Bitcoin and like Ethereum. SOL climbed above the $195 level to enter a short-term positive zone. The price even smashed the $202 resistance. The bulls were able to push the price above the $208 barrier. A high was formed at $213 and the price is consolidating gains above the 23.6% Fib retracement level of the upward move from the $177 swing low to the $213 high. Solana is now trading above $200 and the 100-hourly simple moving average. There is also a rising channel forming with support at $205 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near the $212 level. The next major resistance is near the $215 level. The main resistance could be $220. A successful close above the $220 resistance zone could set the pace for another steady increase. The next key resistance is $225. Any more gains might send the price toward the $232 level. Downside Correction In SOL? If SOL fails to rise above the $212 resistance, it could start another decline. Initial support on the downside is near the $205 zone. The first major support is near the $202 level. A break below the $202 level might send the price toward the $195 support zone and the 50% Fib retracement level of the upward move from the $177 swing low to the $213 high. If there is a close below the $195 support, the price could decline toward the $188 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $205 and $195. Major Resistance Levels – $212 and $215.
Ether cleared $4,900 on Coinbase at 5:40 p.m. UTC on Sunday, entering price discovery; analysts are split between supply-shock upside and a Monday pullback.
AAVE jumped 19% to $355.29, leading the top 40 cyrptocurrencies as investors weighed its Aptos expansion, Powell’s dovish tone and renewed focus on WLFI exposure.
As Bitcoin (BTC) stalls near the $113,000 level, Ethereum (ETH) continues to show strength, highlighting a clear divergence in price action between the top two cryptocurrencies by market cap. This contrast has some investors considering a rotation from BTC into ETH to capture the latter’s bullish momentum. Bitcoin Shows Correction Risks – Is ETH Safe? According to a CryptoQuant Quicktake post by contributor XWIN Research Japan, on-chain data reveals underlying weakness in BTC price action. By contrast, ETH is displaying notable resilience even as broader crypto market momentum fades. Related Reading: Bitcoin Slides Below $115,000 While Spot Volume Surges Past $6 Billion – Recovery Ahead? Currently, Bitcoin’s exchange reserves are hovering around 2.53 million BTC, showing little sign of declining despite recent volatility. For context, BTC has fallen 5.4% over the past week. Historically, shrinking exchange reserves have indicated BTC moving off exchanges for long-term holding, which reduces near-term sell pressure. This time, however, reserves remain flat, suggesting that a significant portion of BTC supply is still liquid and available for selling. Flat exchange reserves – combined with BTC’s recent drop from $123,000 to $113,000 – have raised red flags for a possible short-term correction. Meanwhile, ETH’s on-chain dynamics tell a very different story. Unlike BTC, ETH has consistently recorded large net outflows from exchanges, with multiple spikes exceeding 300,000 ETH in late July and mid-August. XWIN Research Japan explained: Outflows usually reflect coins moving into cold storage, staking, or institutional custody, tightening the available supply on the open market. ETH’s price has been between $4.150 to $4,400, aligning with the outflow trend and reinforcing a bullish narrative of a potential supply shock. In short, while BTC is consolidating with lingering sell-side liquidity, ETH’s declining exchange balances signal rising institutional demand. These opposing dynamics suggest capital may be rotating from BTC to ETH. Different Dynamics Between BTC And ETH Beyond exchange reserves, other indicators also highlight further downside risk for BTC and growing institutional interest in ETH, reinforcing the market’s preference for Ethereum over Bitcoin. Related Reading: Bitcoin Fear Is Back: Traders Flip As Price Plunges To $113,000 For instance, noted crypto analyst Xanrox recently offered a dramatic price prediction for BTC, stating that it may crash all the way down to $60,000 – almost a 50% fall from its current market price. Meanwhile, whales continue to increase their exposure to ETH, growing their holdings at a rapid pace as ETH’s relative strength compared to BTC improves. Yesterday, an Ethereum whale went long on $300 million worth of ETH on-chain. From a technical perspective as well, things look positive for ETH, with a potential recovery to $4,788 on the cards. At press time, BTC trades at $112,283, down 0.7% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
SHIB's price range saw a 5% spread, with trading volume surging past 1 trillion tokens.