Solana (SOL) has dropped from the $155 level and is currently stabilizing near $145, with the risk of further decline if it slips below $142. The price remains under pressure, trading below both $150 and the 100-hour simple moving average (SMA) against the US Dollar.
On the hourly SOL/USD chart, a short-term rising channel or continuation pattern has formed, with immediate support around $144. A successful break above the $148 resistance could trigger a fresh upward move.
Solana Price Attempts Recovery but Faces Resistance
Following the broader crypto trend seen in Bitcoin and Ethereum, Solana found support near $142 and rebounded. It briefly broke above $145 and $150, but bullish momentum was capped near the $155 resistance level. After reaching a high of $153.90, the price retreated below $150 and $148, eventually bottoming out at $142.64.
A minor recovery followed, taking SOL above the 23.6% Fibonacci retracement level of the $153.90 to $142.64 decline. Still, the price remains below the $150 level and the 100-hour SMA.
The short-term rising channel indicates support at $144, while immediate resistance lies at $147. A stronger barrier stands at $150, which coincides with the 61.8% Fib retracement of the recent decline. The key hurdle remains at $155—breaking above it could lead to a more sustained upward move toward $165, with potential to reach $180.
Further Downside Possible?
If Solana fails to clear the $150 resistance, it may face renewed selling pressure. The first significant support lies near $145, followed by a critical level at $142. A break below $142 could open the door to a drop toward $135, and if that level fails to hold, the price might decline further to $122.
Technical Indicators
The MACD for SOL/USD is currently rising but remains in the negative zone.
The RSI is below the 50 mark, indicating weak momentum.
Binance Partners with Kyrgyzstan to Boost Digital Asset Ecosystem
Binance has taken a significant step to enhance Kyrgyzstan's digital asset landscape by signing a Memorandum of Understanding (MoU) with the country's National Investment Agency in Bishkek. Binance founder Changpeng Zhao led the agreement, which focuses on developing digital infrastructure, shaping regulatory frameworks, and launching educational initiatives.
This strategic partnership aims to modernize Kyrgyzstan’s economy and position it as a Central Asian leader in blockchain innovation. By doing so, the country hopes to attract greater international investment and drive technological advancement.
As part of the agreement, Binance will support the expansion of Kyrgyzstan’s digital currency and blockchain ecosystem. Key initiatives include the launch of educational programs and the implementation of crypto payment solutions through Binance Pay.
The collaboration also includes efforts to establish a digital asset governance system and a national bitcoin reserve. With Binance’s involvement, Kyrgyzstan intends to strengthen its blockchain capabilities and align with its broader strategic objectives.
The partnership has been well received by the market. Cointelegraph and other platforms have highlighted the news, reflecting optimism about the impact of this initiative. Binance’s efforts to comply with Kyrgyzstan’s legal framework suggest growing global recognition of digital currencies and increased confidence for investors and crypto businesses operating in the region. #EUPrivacyCoinBan #AppleCryptoUpdate #BinanceHODLerSTO #Kyrgyzstan #DigitalAssetBill $BTC $ETH $XRP
Hello Crypto Community! I hope you're doing well and enjoying the current market momentum. Many of you have been asking for a curated list of coins for this Altseason, so I’m excited to share 8 promising projects with you all.
I’ve divided these coins into two categories:
Category 1: Low-Risk, Steady Growth Coins
These are ideal for those with larger portfolios (over $10,000) who are looking for safer investments with consistent potential.
1. $BNB Buying Price: $600 BNB remains one of the most secure assets in the crypto space. Since its inception, it has consistently stayed among the top performers. Holding BNB can also earn you rewards in other tokens. I believe BNB could outperform Ethereum this Altseason, with a potential return of 1x to 5x.
2. $VIRTUAL Buying Price: $1.20 AI is the dominant narrative of this cycle, and $VIRTUAL stands out as one of the most innovative players in this space. With growing community support and a robust roadmap, this project shows great promise. My expected return is 2x to 5x, with a long-term goal of 10x.
3. $ONDO Buying Price: $0.88 Real World Assets (RWA) are gaining attention this Altseason, and $ONDO leads this category with strong fundamentals and institutional backing. It's a strategic long-term hold, and I anticipate a potential 1x to 3x return.
Category 2: High-Risk, High-Reward Coins
These projects carry more risk but offer substantial upside potential for those with a solid strategy and timely exits.
1. $COOKIE Buying Price: $0.15 Projected return: 5x to 10x.
2. $AIXBT Buying Price: $0.14 Projected return: 5x to 10x.
3. $GRIFFAIN Buying Price: $0.05 Projected return: 10x to 15x.
4. $MKR Buying Price: $1,400 Projected return: 5x to 10x.
5. $LUMIA Buying Price: $0.30 Projected return: 5x to 10x.
Final Thoughts This Altseason might be short-lived—likely lasting just 1 to 2 months—before we enter a potentially significant bear market. I’ll keep you updated on my exit strategy when the time comes. #Trump100Days $BNB $VIRTUAL
Ethereum is showing signs of a strong comeback.** After bouncing 32% from its April low of $1,400, a *golden cross* has appeared on the 3-day chart—a classic signal that a major uptrend could be starting. Big investors (whales) are buying ETH between $1,600–$1,700, often a sign of coming price surges.
If Ethereum breaks past the $1,960 resistance, it could rally up to $2,520 (a 40% jump). But if momentum weakens, it might fall back to $1,400—or even drop to $1,050. Right now, momentum and RSI are turning bullish, suggesting the market could favor a rise.
**Summary:** - Golden cross = bullish signal - Whales buying = positive sentiment - If ETH breaks $1,960 → target $2,520 - If it drops below $1,400 → risk of fall to $1,050 #ETH #Ethereum $ETH 👇🏻