$EVA on $ETH
Eva is gearing up for the new floor level, and she’s looking stronger than ever! With what’s coming next, she’s ready to dominate.
As you can see below, more and more people are using the $EVA API, driving increased revenue while also attracting more users and attention. This kind of growth is essential for a top-tier product like EVA!
In my opinion, this is a solid and comfortable hold, just waiting patiently for green markets to push this bad boy to new highs!
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Solana Price Ready to Explode or Fakeout Incoming?
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.
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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.
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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.
’Idiotic Theory’: Bill Morgan Rejects Ripple Dumping Claims for XRP Dip
XRP registered a surprising 3% decline over the past 24 hours, trading around $2.37, despite a nearly 25% jump in trading volume .
This dip, which saw a low of $2.33, comes shortly after Ripple announced a settlement in its long-running case with the U.S. SEC—a development that left many investors puzzled by the negative price action. The price currently tests immediate resistance near the 20-day Exponential Moving Average (EMA) around $2.38.
Related: XRP’s Next Chapter? Analysts See “Price Discovery” Mode After SEC Settlement
The unexpected move prompted discussion within the crypto community, highlighted by a poll on X (formerly Twitter) conducted by user “Vincent Van Code.”
He observed the decline occurred just after Ripple’s Chief Legal Officer, Stuart Alderoty, confirmed the positive SEC settlement news.
Related: Ripple vs. SEC: How One Legal Battle Saved the Entire US Crypto Industry
Van Code speculated that market actors might be attempting to obscure any direct price influence from the legal outcome, potentially relating to arguments used in securities classifications like the Howey test.
The poll revealed nearly half (49.5%) of respondents suspect “other market manipulation” as the primary driver behind the drop. In contrast, only 12.5% attributed the decline to Ripple itself selling XRP. Smaller groups cited general XRP selling pressure (9.4%) or broader market declines (28.6%) as factors.
XRP advocate Bill Morgan pushed back against the Ripple dumping theory , commenting on the poll:
“Wow, 12% think XRP price is falling because Ripple is dumping. It seems that idiotic theory is still attracting followers.”
XRP’s current price action places it at a pivotal technical level, contending with the 20-day EMA resistance ($2.38) and hovering near the middle Bollinger Band (around $2.37).
A sustained break above the upper Bollinger Band ($2.56) could potentially open the door for a move towards the $3 mark. However, failure to hold support around the recent low ($2.33) might trigger a retest of the lower Bollinger Band near $2.09.
The Relative Strength Index (RSI) sits near 48.95, indicating neutral momentum currently. A decisive push above the 50 level could signal renewed buying interest, while a dip below 45 might suggest mounting selling pressure in the near term.
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.