Achain priceACT

Solana (SOL) , one of the top-performing altcoins of the last cycle, is now facing a critical technical moment. After a turbulent start to 2025 marked by a prolonged downtrend, the token is showing early signs of a potential trend shift. With recent price stabilization and a gradual climb from local lows, traders and investors alike are watching closely for the next big move. Is Solana preparing for a breakout that could reignite bullish momentum, or is this just another deceptive bounce before further downside? Let’s dive into the charts and indicators to find out what’s next. Solana (SOL) has been slowly climbing out of a multi-week downtrend that began after its local high near $210 in late December 2024. After bottoming out near the $120 level in early March, SOL price has shown signs of stabilization. This latest consolidation phase hints at an impending breakout—or a potential fakeout that could catch traders off guard. On the daily chart, SOL price has reclaimed the 20-day Simple Moving Average (SMA) and is attempting to establish support above it. However, the price is still below the 50-day and 100-day SMAs, which currently act as dynamic resistance levels near $154 and $183, respectively. The 200-day SMA—hovering at approximately $183.28—remains a long-term ceiling, emphasizing that SOL still needs to prove itself before a full-blown bullish trend resumes. >>Click Here to Buy Solana on Bitget<< Momentum indicators paint a mixed picture. The Relative Strength Index (RSI) sits at 48.29, marginally below the neutral 50 mark. While this shows recovery from the oversold levels seen earlier in March, it also reflects hesitation. RSI’s inability to push above 50 suggests that buying pressure remains tentative, and a sharp move in either direction could follow. It’s worth noting that the RSI has formed a higher low, which typically precedes a price rally. But for confirmation, the RSI must break above 55–60 territory. Until then, the risk of range-bound or downward movement still lingers. On the support side, $130 stands out as the immediate psychological and technical level. If SOL fails to hold above this zone, the next major demand region lies around $120, where the recent bottom was formed. On the upside, the $145–$155 range represents the first major challenge, aligning with both price structure and the 50-day SMA. A clean breakout above this band would open the gates to $170 and potentially retest $183—where the 200-day SMA looms. A daily close above $183 would be a strong bullish signal, possibly triggering a momentum-driven rally toward $200+ levels. >>Click Here to Buy Solana on Bitget<< The current chart structure resembles a rounded bottom pattern with a tightening price range. This pattern often precedes a breakout move, and the confluence of narrowing candles with rising volume could confirm such a move soon. However, without a decisive close above $155 and sustained buying pressure, the risk of a bull trap remains high. Volume analysis and RSI divergence will be critical in the next few sessions. If buyers step in strongly on higher-than-average volume while RSI climbs above 50, it may validate a genuine breakout. On the contrary, a failed test of the $145–$150 resistance zone followed by a breakdown below $130 would likely trigger a retest of March lows. If bulls manage to push Solana price above $155 in the next few days, the next price target lies around $170, with a bullish extension potentially reaching $200 within the next few weeks. However, failure to do so could result in a pullback toward $130 or even $120 before any sustainable rally takes place. Overall, Solana is at a pivotal technical juncture. The price is compressing between short-term moving averages and horizontal resistance, indicating a strong move is imminent. Whether it's upward or downward depends on how price reacts to the $145–$155 resistance range in the coming sessions.

U.S. Representative Bryan Steil (R-WI) argues Congress should advance stablecoin regulation and crypto market structure legislation in tandem. Steil contends the two areas are interconnected and progress together benefits both the stablecoin and broader crypto sectors. Steil expressed his opinion during a recent podcast , highlighting the increased energy from the Senate toward the stablecoin bill after President Donald Trump urged the bill to be ready before the August recess. Trump’s request fueled speculation among crypto watchers about imminent bills potentially redefining the U.S. crypto landscape. Steil, who chairs the House Financial Services Subcommittee covering digital assets, fintech, and AI, views the Senate as a partner and plans to match their pace. Related: Senator Hagerty’s GENIUS Act Aims to Pass Stablecoin Bill in 100 Days He aims to advance both stablecoin and market structure bills concurrently, anticipating Senate support to meet Trump’s August target. Steil outlined the process for passing these key pieces of legislation. He noted significant support for the Genius Act, introduced in the Senate by Senator Bill Hagerty (R-TN). In the House, Steil partnered with Rep. French Hill (R-AR) to sponsor the Stable Act, and an updated version is planned that aims to align more closely with the Senate bill. Steil anticipates both the House and Senate passing their respective versions before reconciling differences to craft a single, final bill for passage in both chambers. This detailed legislative path, while potentially seeming lengthy to some industry observers, allows lawmakers to focus on “getting things right,” according to Steil. Related: U.S. Senate Committee OKs Stablecoin Bill, Balancing State & Federal Roles He clarified the objective isn’t just speed, but working accurately to deliver sound, effective legislation for the digital asset space. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Identifying bearish signals in $PARTI coin (or any cryptocurrency) is crucial for protecting your investment and exiting at the right time. Here’s how to spot these signals and act strategically: 1. Technical Analysis Indicators a. Moving Averages (MA) Crossover If the short-term moving average (e.g., 50-day MA) crosses below the long-term moving average (e.g., 200-day MA), it forms a death cross, a strong bearish indicator. If the price stays consistently below the 50-day MA, it suggests downward momentum. b. Relative Strength Index (RSI) Drop An RSI below 30 signals that $PARTI is oversold, which can indicate strong bearish pressure. If RSI stays below 50 for an extended period, it confirms a sustained downtrend. c. MACD Bearish Divergence If the MACD line crosses below the signal line, it signals potential downward movement. A widening gap between the MACD and signal line confirms strong bearish momentum. 2. Price Action & Chart Patterns a. Lower Highs and Lower Lows If $PARTI forms a series of lower highs and lower lows, it’s a classic downtrend structure. A failure to break previous resistance levels indicates weak buying pressure. b. Breakdown from Support Levels If $PARTI breaks below a key support level and fails to recover, it signals further downside risk. High trading volume on a breakdown confirms strong bearish sentiment. c. Bearish Candlestick Patterns Bearish engulfing: A large red candle fully engulfs the previous green candle. Evening star: A small-bodied candle between a strong green and red candle signals a reversal. Head & Shoulders Pattern: A breakdown from this pattern usually signals a large downward move. 3. Market Sentiment & News Impact a. Negative News Hacks, regulatory crackdowns, or project failures can trigger panic selling. Rug-pull rumors or team controversies can also push prices lower. b. Declining Trading Volume If $PARTI’s trading volume consistently decreases, it suggests waning investor interest, making price rebounds weak. c. High Fear Levels The Crypto Fear & Greed Index below 20 can indicate extreme fear, reinforcing bearish sentiment. 4. On-Chain Data & Whale Movements a. Large Sell-Offs by Whales If whales start dumping large amounts of $PARTI, it may signal an upcoming downtrend. Watch exchange inflows—if more $PARTI moves to exchanges, it suggests selling pressure. b. Decreasing Active Wallets & Transactions If network activity drops, fewer transactions signal less adoption, which can lead to price declines. 5. Exit Strategies: When to Sell $PARTI. Exit at Key Resistance Levels: If price struggles to break resistance multiple times, it’s a good time to take profits. Use Stop-Loss Orders: Setting a stop-loss 5-10% below support levels can minimize losses. Take Partial Profits: If in profit, sell in portions to secure gains while leaving room for potential rebounds.

There are moments when politics and tech clash head-on. And this time, it’s crypto that has won a decisive round in Washington. The IRS rule on “brokers” of digital assets, which was set to come into effect in 2025, has just been completely swept away. The Senate voted for its repeal, and Donald Trump is expected to put his signature on it, like a final stamp on a rule that no one really wanted to enforce. At first glance, the idea might have seemed logical: requiring all entities facilitating digital asset sales to report “gross proceeds” to the IRS (Internal Revenue Service). Except that in practice, this rule went way too far. It even included DeFi protocols, crypto developers, and even non-custodial apps. Imagine a smart contract supposed to fill out a tax form… There you go. The crypto industry quickly sounded the alarm: technically unenforceable, legally vague, and frankly counterproductive. Driven by Republicans through the Congressional Review Act (a rarely used tool), the repeal resolution passed both chambers of Congress. What’s striking is the bipartisan support: both Democrats and Republicans saw in this rule a real risk of stifling a whole sector of American innovation. For once, crypto managed to unite a political class that is so often divided. With his much-anticipated signature, Donald Trump will send a strong signal to the crypto ecosystem. He now positions himself as a defender of innovation against a too-greedy bureaucracy. Reactions within the ecosystem after this Senate vote are unanimous: relief, and even a form of optimism. America seems determined not to miss the train of decentralization. The page has been turned, but the book remains open, because while the repeal avoids a regulatory disaster, it also leaves a void. The need for clear regulation, differentiated between custodial and non-custodial actors, is more pressing than ever. The ball is now in the hands of crypto legislators… and Donald Trump, whose administration is currently ready to store bitcoin in bulk .

The rise of decentralized technologies is transforming the way we store data and conduct freelance work. Traditional systems—whether centralized storage or freelancing platforms—come with high fees, security risks, and a lack of transparency. $PARTI is stepping in as a game-changer, offering decentralized solutions that empower users with more control, security, and financial freedom. The Problem with Centralized Storage Popular cloud storage providers rely on a single entity to manage data, making them vulnerable to: ✅ Data Breaches – Hackers target centralized servers, compromising sensitive information. ✅ Censorship – Providers can restrict access to data, limiting user autonomy. ✅ Data Loss – System failures or cyberattacks can lead to permanent data loss. $PARTI: A Secure & Decentralized Storage Solution $PARTI uses blockchain technology to store data securely across a decentralized network. Its key features include: 🔹 Decentralized Network – Data is distributed across multiple nodes, reducing the risk of breaches. 🔹 Encryption – Ensures only authorized users can access data. 🔹 Redundancy – Data is backed up across various nodes, preventing loss. $PARTI’s Role in the Future of Freelancing The freelancing industry is booming, but platforms like Upwork and Fiverr charge high fees and act as intermediaries, delaying payments and reducing freelancer earnings. $PARTI offers a decentralized freelancing marketplace where transactions are instant, transparent, and fair. Why $PARTI for Freelancers? 💰 Zero or Low Fees – No more excessive commissions from centralized platforms. ⚡ Instant Payments – Smart contracts process payments immediately upon work completion. 🛡️ Trustless Contracts – Funds are automatically released based on milestones, preventing disputes. 🔒 Secure Transactions – Clients can stake $PARTI tokens as collateral, ensuring freelancers get paid. Empowering the Gig Economy As blockchain adoption grows, $PARTI could revolutionize freelancing by eliminating middlemen and giving professionals full control over their earnings. With decentralized work platforms, freelancers worldwide can work independently, get paid fairly, and ensure financial security like never before. The future is decentralized. The future is $PARTI. 🚀