Solana has shown a potential breakout from a Symmetrical Triangle. Here’s where the next price target could lie, according to an analyst. Solana Has Surged Above Symmetrical Triangle Resistance In a new post on X, analyst Ali Martinez has talked about how Solana has just broken a resistance line. The level in question is part of a Symmetrical Triangle, a pattern from technical analysis (TA). This pattern belongs to the class of triangles, formations that involve the asset trading within two converging trendlines. The upper line acts as a source of resistance, while the lower one as that of support. A break out of either of these levels implies a continuation of trend in that direction. A surge above the triangle is a bullish sign and a drop under it a bearish one. Since the price’s range becomes narrower as it travels within a triangle, a breakout can become more likely as it approaches the apex. Related Reading: Bitcoin Breakout Not Just Hype—$4.4B Inflows Back The Move Generally, triangle breakouts are considered to be of the same length as the height of the formation (that is, the distance between the upper and lower trendlines at their widest). There are three popular triangle types: Ascending, Descending, and Symmetrical. The first and second variants have one trendline parallel to the time-axis. In the case of the Ascending type, it’s the upper level. This means that as Solana moves inside an Ascending Triangle, its range gets narrower toward a net upside. Similarly, the Descending Triangle involves the opposite setup, with the support line being parallel to the time-axis instead. The third type, the Symmetrical Triangle, is the middle ground between the two: it has the two trendlines approaching each other at a roughly equal and opposite slope. In other words, the Symmetrical Triangle represents a period of consolidation where the range gets narrower in true sideways fashion. Due to this fact, a breakout is more-or-less equally probable to occur in either direction. In contrast, there is a bias associated in Ascending and Descending Triangles. Now, here is the chart shared by Martinez that shows the Symmetrical Triangle Solana was trading inside just earlier: As is visible in the above graph, the Solana price was nearing in on the end of the triangle and as probability would dictate, a breakout was becoming likely. The asset indeed ended up finding a break and it seems to have been in the up direction. Related Reading: Bitcoin Moving With Stocks, But Ethereum’s Correlation Is Fading So what could be next for SOL? According to the analyst, the asset might target $164. This level corresponds to the 1.272 Fibonacci Extension line. Fibonacci Extension levels are defined based on ratios found in the popular Fibonacci series. The 1.272 level, in particular, corresponds to the square root of 1.618, which is the famous ‘Golden Ratio.’ SOL Price At the time of writing, Solana is floating around $158, up 3% in the last 24 hours. Featured image from Dall-E, charts from TradingView.com
July 11, 2025 06:07:17 UTC Bitcoin ETFs See $1.17B Inflows, Led by BlackRock and Fidelity On July 10, Bitcoin spot ETFs recorded a massive $1.17 billion in net inflows, highlighting strong institutional interest in the crypto market. Leading the charge was BlackRock’s IBIT, which brought in $448.5 million, followed by Fidelity’s FBTC with $324.3 million …
Ethereum Foundation has set a 12-month clock for ecosystem zkEVM integreation after reorganising its ecosystem teams to speed mainstream adoption.
Approximately 232,149 traders have been liquidated over the past 24 hours as the crypto market rallied to new highs.
The crypto market is rising again as Bitcoin’s price surged from $113,000 to $117,000 in a single day, currently hovering around $116,000. This fresh breakout hints at the possible start of a new bull rally, with analysts expecting more gains ahead. As always, market volatility is expected, with price swings and retests of support levels. …
Bitcoin mining executives’ huge pay packages are weakly aligned with shareholder interests, according to new research from VanEck.
The hacker exploited GMX's V1 GLP liquidity pool on Arbitrum this Wednesday, draining over $40 million in various cryptocurrencies.
The Ethereum Foundation sold 1,210 ETH for approximately $3.5 million in USDC via Uniswap V4, with the transaction averaging $2,889.50 per ETH. This sale follows a recent series of fund movements, during which approximately 21,000 ETH were consolidated into a multisig wallet over the past month. From this wallet, 7,000 ETH was further distributed, including …
Dogecoin started a fresh increase above the $0.180 zone against the US Dollar. DOGE is now consolidating and might aim for a move above $0.20. DOGE price started a fresh increase above the $0.1750 and $0.180 levels. The price is trading above the $0.1880 level and the 100-hourly simple moving average. There is a bullish trend line forming with support at $0.1910 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh rally if it clears the $0.1980 and $0.20 resistance levels. Dogecoin Price Eyes More Gains Dogecoin price started a fresh increase from the $0.1750 zone, like Bitcoin and Ethereum. DOGE was able to climb above the $0.180 and $0.1880 resistance levels. The bulls even pushed the price above the $0.1920 resistance. Finally, the price traded close to the $0.20 barrier. A high was formed at $0.1992 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $0.1660 swing low to the $0.1992 high. Dogecoin price is now trading above the $0.1880 level and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $0.1910 on the hourly chart of the DOGE/USD pair. Immediate resistance on the upside is near the $0.1980 level. The first major resistance for the bulls could be near the $0.20 level. The next major resistance is near the $0.2050 level. A close above the $0.2050 resistance might send the price toward the $0.220 resistance. Any more gains might send the price toward the $0.2320 level. The next major stop for the bulls might be $0.250. Downside Correction In DOGE? If DOGE’s price fails to climb above the $0.20 level, it could start a downside correction. Initial support on the downside is near the $0.1910 level or the trend line zone. The next major support is near the $0.1820 level or the 50% Fib retracement level of the upward move from the $0.1660 swing low to the $0.1992 high. The main support sits at $0.1780. If there is a downside break below the $0.1780 support, the price could decline further. In the stated case, the price might decline toward the $0.1750 level or even $0.1720 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1910 and $0.1880. Major Resistance Levels – $0.1980 and $0.2000.
Hip Hop legend Snoop Dogg released a nearly 1 million non-fungible token (NFT) collection on Telegram, which sold out in minutes. The launch created massive interest online and raised over $10 million in sales. Related Reading: Bitcoin Back In ‘Retesting Phase’ After Key Level Reclaim – The Calm Before The Storm? Snoop Dogg’s Telegram Drop Raises $12 Million On Wednesday, Snoop Dogg launched digital collectibles on Telegram, igniting an NFT frenzy on the platform. The collection offered unique NFTs inspired by the rapper’s style, including multiple marijuana-themed collectibles, anthropomorphic beagles, and vintage cars. The drop is part of Telegram’s Collectible Gifts, unique works of art on the platform that can be displayed on profiles and have special attributes. As the website explains, the collectibles can be transferred between users or auctioned on NFT marketplaces. Telegram’s founder, Pavel Durov, revealed that the Snoop Dogg drop sold out in 30 minutes, selling 996,000 NFTs for $12 million, adding that “Blockchain minting and the secondary market go live in 21 days. It’s going to be wild.” Last week, Durov shared that the 4th of July-themed Gifts also sold out within minutes, with over 800,000 collectibles selling in 10 minutes. Amid the collectibles’ launch, the rapper promoted it alongside a new track titled “Gifts” on his official Telegram Channel. He shared the link to the song’s music video and tagged Durov’s Telegram channel, saying, “time to drop it like it’s hot.” In the track, Snoop Dogg shouts out Toncoin (TON), the native token of the TON Blockchain, and Telegram. “Plug in my phone, get dressed, and then I plot my play / Critical existence, digital resistance / Shifted, gifted, and lifted / (…) / Stickers and games on Telegram, guess it’s coming soon / My privacy is not for sale,” some of the lyrics read. Notably, this isn’t the rapper’s first NFT venture, as he entered the space when the sector first gained mainstream popularity in 2021 and dropped collections in 2022 and 2023. NFT Mania Making A Comeback? On X, NFT lead at the TON blockchain, Zenith highlighted the drop’s success, as some of the supply gifts sold out in less than 2 minutes. He explained that Telegram gifts have had a peak market capitalization of over $200 million and a trading volume of $122 million since their launch. According to the post, the first OG collection, the Plush Pepe, now has a floor price of 4,200 TON, worth $11,886. “They are NFT Collectibles that are on the TON Blockchain and inside of Telegram!” he noted. To Zenith, this could be the start of a new NFT narrative, adding that they “would not be surprised if other famous brands or web3 IPs would want to launch some gifts too!” However, they pointed out that it could also mean nothing for the sector. In a recent report, DappRadar shared that Q2 data revealed new narratives are emerging, while old ones are “making a comeback.” The report claims that “NFTs are becoming more affordable, but the interest hasn’t disappeared. On the contrary, it’s shifting in nature,” a trend the platform’s analysts have been observing “for a while.” Related Reading: Solana Ready For $160 Reclaim? Analysts Say Breakout Is A Matter Of Time Notably, NFT trading volume dropped by 45% in Q2, but sales increased by 78%. Meanwhile, the number of traders increased 20% from Q1, with an average of 668,598 monthly traders. “Taken together with the spike in sales, this suggests a slow but steady return of users to the NFT space, although likely for different motivations than in previous cycles,” the report concluded. Featured Image from Unsplash.com, Chart from TradingView.com
Volume surges 168% above daily average as institutional demand and RLUSD momentum fuel bullish breakout.
According to DappRadar’s Q2 2025 report, blockchain gaming experienced a 17% drop in user activity and a 93% year-over-year decline in funding.
Japanese real estate firm Gates Group has partnered with Oasys blockchain to tokenize $75 million worth of real estate assets in Tokyo.
Memecoin creation platform Pump.fun has made its first acquisition, buying the wallet-tracking project Kolscan ahead of its $1 billion ICO.
Ripple’s XRP is back in the news after being included in a newly filed crypto ETF by Donald Trump’s Truth Social platform. Called the Crypto Blue Chip ETF, the fund will track cryptocurrencies like Bitcoin, Ethereum, Solana, Cronos, and now XRP. XRP Price Prediction Since the announcement, XRP’s price has surged. In the last 24 …
Truglia’s original 18-month term was dramatically increased after he failed to pay restitution to crypto investor Michael Terpin.
RSI and volume divergence show DOGE near short-term exhaustion, while SHIB quietly builds support near key resistance.
XRP price started a fresh increase above the $2.50 zone. The price is now showing positive signs and might climb above the $2.62 resistance. XRP price started a fresh increase above the $2.50 zone. The price is now trading above $2.50 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.50 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $2.50 zone. XRP Price Rallies Over 5% XRP price started a fresh increase after it settled above the $2.40 level, like Bitcoin and Ethereum. The price was able to climb above the $2.450 resistance level. The recent move was positive and the bulls pushed the price above the $2.50 level. A high was formed at $2.5870 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2.250 swing low to the $2.5870 high. The price is now trading above $2.50 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $2.50 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.5880 level. The first major resistance is near the $2.60 level. A clear move above the $2.60 resistance might send the price toward the $2.620 resistance. Any more gains might send the price toward the $2.650 resistance or even $2.6850 in the near term. The next major hurdle for the bulls might be near the $2.750 zone. Another Decline? If XRP fails to clear the $2.620 resistance zone, it could start another decline. Initial support on the downside is near the $2.50 level and the trend line zone. The next major support is near the $2.450 level. If there is a downside break and a close below the $2.450 level, the price might continue to decline toward the $2.420 support or the 50% Fib retracement level of the upward move from the $2.250 swing low to the $2.5870 high. The next major support sits near the $2.40 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.50 and $2.450. Major Resistance Levels – $2.60 and $2.620.
Roughly 237,000 traders were liquidated in total, with the single largest hit being an $88.5 million BTC-USDT short on HTX.
Lucas Moskowitz, Robinhood’s general counsel, told Cointelegraph that the platform’s “disclosures are best-in-class,” and “customers can trade crypto at the lowest cost on average”.
As the official public sale of Pump.fun’s token approaches, significant activity has emerged across decentralized derivatives exchanges, where large investors appear to be managing risk by taking early positions. Market data shows that whales are interacting with pre-market perpetual contracts, particularly on platforms like Hyperliquid and Binance, as they anticipate potential volatility during the token’s initial coin offering (ICO), scheduled for July 12. Related Reading: Crypto Market Cap On Track To $4.5 Trillion As Q3 Unfolds – Details Perpetual Market Signals Whale Hedging Strategy Three prominent wallets have collectively deposited over $11 million in USDC on Hyperliquid to open short positions on the newly listed PUMP perpetual contract. These trades appear to function as hedges against anticipated allocations in the upcoming token generation event. According to on-chain tracker Lookonchain and explorer Hypurrscan, the structure of these positions, utilizing low leverage and modest open interest compared to margin collateral, suggests a defensive rather than speculative stance. One wallet, identified as “0xAc72,” allocated $4 million in margin and opened a 2x leveraged short valued at approximately $1.07 million at an entry price of $0.00504. This trader’s liquidation point sits at $0.02138, offering a wide buffer that implies the position is less about profit from a downturn and more about offsetting potential downside risk from PUMP exposure in the ICO. Two additional wallets deployed a combined $7 million in margin to open 1x leveraged shorts. Together, these positions amount to roughly $2.39 million in open interest, a small portion of their posted collateral. Hyperliquid’s open interest in PUMP has surpassed $43 million since listing the token in the early hours of Thursday’s European session. Binance followed suit by listing a PUMP perpetual contract, which quickly amassed over $12 billion in trading volume, indicating heightened market anticipation. It is worth noting that the early trading could serve multiple purposes, including valuation locking by whales, arbitrage strategies related to expected airdrops, or speculative profit-taking based on retail momentum. Pump.fun Token Launch Nears as Pricing Premium Narrows The PUMP token initially debuted in pre-market trading at a roughly 40% premium to its ICO price of $0.004. It reached a high of $0.0056 on Hyperliquid before retreating to around $0.0047 levels, a level closer to its public sale valuation. The narrowing premium suggests a recalibration in investor expectations as trading stabilizes ahead of the launch. Pump.fun, a meme-coin launchpad built on Solana, announced the token in June alongside a revenue-sharing initiative for token holders. The token has a total supply of 1 trillion, with 33% allocated to early participants via a private sale (18%) and public sale (15%). The ICO will run from July 12 to July 15 on crypto exchange Bybit, providing a limited window for broader participation. Related Reading: ‘Real’ Crypto Bull Run Just Beginning, Says Analyst—Here’s Why While details of the airdrop mechanics have not been fully disclosed, the ongoing activity suggests that large holders are actively managing their exposure before the distribution phase begins. Featured image created with DALL-E, Chart from TradingView
Efforts to tokenize pre-IPO stocks, like what Robinhood is doing with OpenAI, may help unlock liquidity in private markets, but the structure likely qualifies as a security, carries bankruptcy risk and could spark lawsuits over shareholder agreement breaches.
Ethereum price started a fresh increase above the $2,800 zone. ETH is now consolidating gains and might aim for a fresh move above $3,000. Ethereum started a fresh increase above the $2,850 level. The price is trading above $2,840 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,885 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $2,840 zone in the near term. Ethereum Price Rallies Above $2,880 Ethereum price started a fresh increase above the $2,750 zone, like Bitcoin. ETH price gained pace for a move above the $2,800 resistance zone and entered a positive zone. The bulls even pumped the price above $2,880. Finally, it tested the $3,000 zone. A high was formed at $3,000 and the price is now consolidating gains. It is stable above the 23.6% Fib retracement level of the upward move from the $2,515 swing low to the $3,000 high. Ethereum price is now trading above $2,880 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $2,885 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,980 level. The next key resistance is near the $3,000 level. The first major resistance is near the $3,040 level. A clear move above the $3,040 resistance might send the price toward the $3,120 resistance. An upside break above the $3,120 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,200 resistance zone or even $3,220 in the near term. Are Downsides Limited In ETH? If Ethereum fails to clear the $3,000 resistance, it could start a downside correction. Initial support on the downside is near the $2,920 level. The first major support sits near the $2,880 zone and the trend line. A clear move below the $2,880 support might push the price toward the $2,750 support or the 50% Fib retracement level of the upward move from the $2,515 swing low to the $3,000 high. Any more losses might send the price toward the $2,720 support level in the near term. The next key support sits at $2,650. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,880 Major Resistance Level – $3,000
The ARK Innovation ETF (ARKK) offloaded 16,627 Coinbase Global shares and 58,504 Robinhood Markets shares on Thursday.
Caldera, a rollup-as-a-service infrastructure provider, is launching its native token called ERA with a total supply of 1 billion.
Bitcoin price started a fresh increase above the $110,500 zone. BTC is now up over 5%, traded to a new high, and extend gains above the $116,000 level. Bitcoin started a fresh increase above the $112,500 zone. The price is trading above $113,500 and the 100 hourly Simple moving average. There was a break above a bearish trend line with resistance at $111,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to rise if it clears the $116,800 resistance zone. Bitcoin Price Sets New ATH Bitcoin price started a fresh increase after it cleared the $110,500 resistance zone. BTC gained pace for a move above the $112,000 and $113,500 resistance. Besides, there was a break above a bearish trend line with resistance at $111,000 on the hourly chart of the BTC/USD pair. The bulls even pumped the pair above the $115,000 resistance zone. A new all-time high was formed at $116,800 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $110,600 swing low to the $116,800 high. Bitcoin is now trading above $113,500 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $116,000 level. The first key resistance is near the $116,200 level. The next resistance could be $116,800. A close above the $116,800 resistance might send the price further higher. In the stated case, the price could rise and test the $118,000 resistance level. Any more gains might send the price toward the $118,800 level. The main target could be $120,000. Downside Correction In BTC? If Bitcoin fails to rise above the $116,800 resistance zone, it could start a downside correction. Immediate support is near the $115,300 level. The first major support is near the $113,700 level or the 50% Fib retracement level of the upward move from the $110,600 swing low to the $116,800 high. The next support is now near the $113,200 zone. Any more losses might send the price toward the $112,500 support in the near term. The main support sits at $110,500, below which BTC might continue to move down. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $115,300, followed by $113,700. Major Resistance Levels – $116,800 and $118,000.
Altcoins have endured years of underperformance as Bitcoin continues to dominate the crypto market. Despite several short-lived rallies, most altcoins remain far below their previous highs, weighed down by investor skepticism and capital concentration in BTC. However, there are signs that sentiment might be shifting. In recent days, strong altcoins have started to recover, showing resilience as broader market conditions improve. Related Reading: Bitcoin 30-Day Average Funding Rate Drops – Bullish Setup Takes Shape Top analyst Carl Runefelt shared a technical setup revealing that the altcoin market is now bouncing off a major support zone. This move has sparked fresh debates among traders and investors. Is this the start of a long-awaited altseason, or merely a temporary relief bounce before further downside? The bounce comes as macroeconomic uncertainty begins to fade and liquidity returns to the crypto market. Still, key resistance levels remain untouched for many projects, and overall confidence in altcoins hasn’t fully returned. While the current setup is promising, confirmation will depend on whether this rally can break above critical levels and sustain higher prices. Altcoins Eye A Breakout As Ethereum Holds The Key Altcoins remain nearly 50% below their all-time highs, but sentiment is beginning to shift. Bulls are preparing for an expansive move across the board, with growing anticipation that a breakout could materialize once Ethereum clears its current resistance zone. Since early May, ETH has been trading in a well-defined consolidation range, and altcoins have mirrored this sideways behavior, struggling to gain momentum without a clear signal from the market’s second-largest asset. Carl Runefelt recently shared insights suggesting that the altcoin market is showing signs of life. By analyzing the TOTAL3 chart—which tracks the combined market cap of all cryptocurrencies excluding Bitcoin and Ethereum—Runefelt highlights that altcoins are bouncing off key support in BTC terms. This bounce could indicate the beginning of a recovery rally, especially if capital rotation from BTC into altcoins accelerates in the coming sessions. Historically, altcoins thrive when Ethereum leads the charge. A confirmed breakout above the $2,800 resistance zone could ignite broad participation and kickstart a new altseason. The current market structure suggests that many investors are positioning early, anticipating that macroeconomic clarity and market stability will fuel risk-on behavior. However, the rally is not yet confirmed. Bulls still need Ethereum to break out decisively and sustain momentum above recent highs. If that happens, many oversold altcoins could see sharp recoveries and set the stage for a broader market expansion. For now, patience and timing remain key as traders watch ETH and TOTAL3 closely for signals of the next leg up. Related Reading: Ethereum Price Action Signals Momentum Shift: BTC Sleeps And ETH Moves TOTAL3 Chart Shows Key Rebound From Macro Support The TOTAL3 chart, which measures the total crypto market cap excluding Bitcoin and Ethereum, is showing early signs of recovery after a sustained period of weakness. As of now, the chart reflects a bounce from the $830 billion level, which aligns closely with the 100-week simple moving average (SMA), currently acting as dynamic support. This level has historically served as a critical pivot zone, especially in mid-cycle consolidations. The market cap sits near $875 billion, still over 40% below the previous cycle’s peak, but with bullish momentum building. The recent weekly candle has posted a strong green body, suggesting renewed interest in the altcoin segment. Volume has also picked up, showing growing confidence among participants as many altcoins recover from deeply oversold conditions. Related Reading: ERC-20 Stablecoin Supply Hits All-Time High At $121B – Liquidity On The Rise Technically, this bounce could signal the beginning of a new macro leg higher, especially if the 50-week SMA is reclaimed and price holds above $900 billion. The overall structure remains constructive, with higher lows forming since late 2022 and price compressing into a potential breakout formation. Featured image from Dall-E, chart from TradingView
Bitcoin rose 5.5% above $117,000 to reach a new all-time high on early Friday morning, while spot bitcoin ETFs recorded massive inflows.
A new report from CryptoQuant shows that, unlike BTC rallies of the past, there's no sell pressure building as bitcoin moves past its prior all-time high.
Robinhood Crypto is under investigation in Florida for allegedly misrepresenting itself as the 'least expensive way to purchase crypto.'