In a surprising turn of events, Solana's popular dog-themed cryptocurrency BONK (BONK) has surged by 67% over the past seven days. This remarkable performance has caught many crypto enthusiasts off guard, especially as it has occurred without much fanfare compared to the Bitcoin-led market momentum that has captured most headlines. The significance of BONK's recent rally becomes even more apparent when viewed against its prolonged downward trajectory since late 2024. After reaching its all-time high of $0.00005916 on November 22, 2024, BONK entered a sustained period of decline that lasted several months. Attempts to revitalize BONK's price action in January 2025 showed promise but ultimately fell short, with the token reaching $0.00003986 before resuming its downward movement. The bearish trend was further confirmed when BONK experienced a death cross in February, a technical pattern often interpreted as a strong sell signal.
$SHIB 🚨 How Strong Is the Current Shiba Inu Price Surge? 🚨
Shiba Inu (SHIB) live price is at $0.000013756, marking a price increase of 1.37% in the last 24 hours. There was an increase in the trading volume by 21.42% to $313.13 million, which is promising for renewed interest from investors. The SHIB price increased by 16.21% over the last 7 days, which has placed Shiba Inu among the top-performing mid-cap cryptocurrencies. Analysts believe that the momentum behind SHIB is due to overall increased optimism and appetite towards altcoins. The excitement around the Shiba Inu price surge must translate to buyers to overcome technical hurdles to help avoid adversity due to ongoing SHIB price resistance levels.
$BONK 🚨 BONK breaks out of a multimonth downtrend 🚨
On April 13, BONK price broke out of a descending parallel channel, igniting strength that saw it flip the 50-day and 100-day exponential moving averages (EMAs) to support.
The bulls will likely continue the rebound toward the significant resistance level at $0.00002410 (200-day SMA) in the short term. A daily candlestick close above this level, accompanied by high volume, could see BONK rise toward the Jan. 19 range high near $0.000040. This would represent a 104% increase from the current price. The sharp rise in the relative strength index and its position at 71 in the overbought region reinforces the buyers’ dominance in the market. However, the overbought conditions could facilitate profit-taking, occasioning a slight correction before BONK continues its uptrend. Meanwhile, Crypto Joe spotted BONK breaking out of a bullish pennant in the 30-minute timeframe targeting $0.00002690.
$SHIB 🚨 Is SHIB Token Burn Enough to Drive Shiba Inu to $1? 🚨
One of the major strategies supporting the long-term vision for Shiba Inu involves the SHIB token burn mechanism. By reducing the overall supply, the aim is to create scarcity and potentially increase value. Yet, achieving the dream price of $1 remains an extraordinary challenge given SHIB’s massive token supply. Currently, Shiba Inu has an outstanding supply of approximately 589.5 trillion tokens. To reach $1 without inflating the market cap to impossible levels, 99.9987% of the total supply would need to be burned, reducing it to around 7.77 billion tokens. At the present burn rate, around 15.64 billion tokens were destroyed in March 2025 alone, but at that pace, it would take over 3,100 years to reach the necessary supply reduction.
$BONK 🚨 Increasing open interest backs BONK’s rally 🚨
The surge in the price of Bonk over the last seven days comes after a significant jump in its open interest (OI). BONK’s total OI on all exchanges rose 290% from $11 million on April 22 to $43.2 million on April 26. Although this metric has since dropped to $28 million at the time of writing, it remains significantly higher than the OI seen since December 2024. Rising open interest reflects growing trader participation in BONK futures, indicating heightened speculative activity. Data from CoinGlass shows increasing demand for leveraged long positions in BONK over the last few days, as indicated by the OI-weighted futures funding rate. Increasing funding rates usually suggest that futures traders are bullish, expecting future price increases, which may indicate a continuation of the uptrend. BONK's social dominance remains high, suggesting high social activity. Santiment data shows BONK’s social dominance spiking from 0.091% to 0.572% between April 20 and April 26, driven by BONK’s ecosystem buzz.
$SHIB 🚨 Shiba Inu’s Journey to $1 is an Uphill Battle 🚨
The Shiba Inu price surge has rekindled investor enthusiasm, shining a light on the possibility of greater achievements for SHIB in 2025 and beyond. Yet, the path to $1 is paved with steep challenges, including an enormous token supply and heavy SHIB price resistance levels. While the SHIB token burn remains an essential strategy, its current pace falls dramatically short of what is required. Investors and fans of Shiba Inu should stay hopeful but realistic, focusing on short-term technical milestones rather than lofty distant targets. One thing is clear: SHIB’s resilience, community strength, and strategic developments will continue to keep it at the heart of crypto discussions.
Cardano has remained above the moving averages, indicating that the bulls are buying the dips. The moving averages are about to complete a bullish crossover, and the RSI is in the positive zone, indicating a slight advantage for the bulls. There is minor resistance at $0.75, but if the level is crossed, the ADA/USDT pair could surge to $0.83.
The first sign of weakness will be a break and close below the moving averages. That suggests the bears remain sellers on rallies. The pair could then drop to $0.58, which is likely to act as support.
Sui has been trading just below the $3.90 resistance, indicating that the bulls have kept up the pressure. That increases the likelihood of a rally above the overhead resistance. If that happens, the SUI/USDT pair could start the next leg of the uptrend to $4.25 and later to $5.
Contrary to this assumption, if the price turns down from the overhead resistance and breaks below $3.35, it signals that the bulls are booking profits. That could pull the price to the 38.2% Fibonacci retracement level of $3.14 and then to the 20-day EMA ($2.77), which is likely to attract buyers.
Solana is facing resistance in the $148 to $153 zone, but a positive sign is that the bulls have not given up much ground.
The upsloping 20-day EMA ($139) and the RSI in the positive territory indicate the path of least resistance is to the upside. A break and close above $153 clears the path for a rally to $180. Sellers will have to pull the price below the 20-day EMA to weaken the bullish momentum. The SOL/USDT pair may then slump to the 50-day SMA ($130), suggesting a range formation in the near term.
$SOL 🚨 What’s Next: Will the SOL Price Rally Sustain Above Critical Levels? 🚨
Looking forward, all eyes remain on the $153.65 SOL key resistance level. If Solana manages a sustained move above this zone, the Solana price breakout could extend toward $180 and beyond, confirming a strong Solana price rally. However, if rejection occurs, a pullback toward lower support levels might ensue. Traders continue to ask: Can Solana price rally again, and will SOL maintain momentum above resistance? Ongoing whale activity, retail optimism, and solid technical development will be decisive in shaping the next big move for SOL.
ETH $1,800 closed above the 50-day SMA ($1,792) on April 26, but the bulls could not maintain the momentum.
The 20-day EMA ($1,719) is the vital support to watch out for on the downside. If the price bounces off the 20-day EMA with strength, the bulls will try to push the ETH/USDT pair toward the breakdown level of $2,111. Sellers are expected to defend the $2,111 level with all their might because a break above it may catapult the pair to $2,550. On the downside, a break and close below the 20-day EMA suggests that the bears remain in control. The ETH/USDT pair may then descend to $1,537.
XRP $2.28 turned up from the 20-day EMA ($2.15) on April 27, signaling a positive sentiment.
The XRP/USDT pair could reach the resistance line, which is a crucial level to watch out for. A break and close above the resistance line indicates a potential trend change. The pair could then rally to $3. On the contrary, if the price turns down sharply from the resistance line and breaks below the moving averages, it suggests that the bears are aggressively defending the level. That could keep the pair stuck between the resistance line and $2 for a few more days.
$SOL 🚨 Technical Outlook: Critical SOL Key Resistance Level in Focus 🚨
The technical structure for Solana presents a classic cup-and-handle pattern, indicating a possible SOL price breakout. The MACD indicator’s bullish alignment supports further upside potential. A larger Solana price rally might begin if the $153.65 SOL major support level is broken, opening the way toward $180. Traders should be ready for a potential period of stagnation or slight retracement, though, if the breakout attempt is unsuccessful. Depending on how it responds to the crucial resistance, Solana is still in a strong position for dynamic movement due to the increasing whale engagement and active community support.
$PEPE As of Apr 29, 2025, the global cryptocurrency market cap is $3.72B with a +1.03% change in the last 24 hours. PEPE's current price is $0.00000885, with a 24-hour trading volume of $714.13M. PEPE is +1.08% in the last 24 hours, with a circulating supply of 420.69T PEPE coins and a maximum supply of 420.69T PEPE coins. PEPE ranks 36 by market cap. It has a 24H high of $0.00000917 recorded on Apr 29, 2025, and its 24H low so far is $0.0000086, recorded on Apr 29, 2025.
Buyers have managed to keep BNB BNB $606.77 above the moving averages but are struggling to start a strong rebound. The flattish 20-day EMA ($597) and the RSI just above the midpoint do not give a clear advantage either to the bulls or the bears. Buyers will have to push the price above $620 to gain the upper hand. That could open the doors for a rally to $644 and subsequently to $680. Alternatively, a break and close below the moving averages will strengthen the bears. The BNB/USDT pair may drop to $576 and then to $566, where the buyers are expected to step in.
Bitcoin continues to face stiff resistance at $95,000, but the tight consolidation near the crucial level increases the likelihood of a break above it. The upsloping 20-day EMA ($89,093) and the RSI near the overbought zone indicate that the bulls are in control. A close above $95,000 could open the gates for a rally to $100,000. Sellers are expected to vigorously defend the $100,000 level, but on the way down, buyers will try to arrest the decline at $95,000. This optimistic view will be invalidated in the near term if the price turns down and plunges below the 20-day EMA. That could sink the BTC/USDT pair to the 50-day SMA ($85,085).
In today’s price analysis, the SOL price is projected to undergo a notable action. In a possible case, if Solana continues its downtrend, it could be pulled back and experience a sharp decline in price. If it finds a strong support level and attempts to move up, it could break the key resistance and increase the possibility of reaching a new high of $170. To know its next move, stay alert and watch out for its key resistance and support levels
$SHIB 🚨 Shiba Inu Price May Benefit From the Burn and Staking Rate 🚨
A token burn is a crucial process in which a crypto project reduces the amount of tokens in circulation by sending them into an inaccessible address. It helps to reduce the supply and boosting its sentiment among investors. Shiba Inu price may benefit from the ongoing burn rate that has reduced the number of SHIB tokens in circulation. Data show that the network has burned over 420 trillion tokens since its inception, and the rate is accelerating. The daily burn rate rose by 14.76 million on Monday, leaving those in circulation at 584 trillion. Further, on-chain data shows that over 15,000 SHIB Army members have staked their xSHIB tokens. Over 4.83 trillion currently worth over $67 million, have been staked. That is a sign that these users anticipate the Shiba Inu price to continue rising over time. Shiba Inu burns its tokens in a number of ways. The most common one is where holders move their tokens to a dead address. Another one is where fees generated from its ecosystem like Shibarium is changed from BONE to SHIB and then incinerated.
$PEPE 🚨 Key Technical Levels: Can PEPE Break Major Resistance? 🚨
The big question now revolves around whether PEPE Coin can successfully break the crucial resistance level of $0.00001. Analysts like James Wynn have pinpointed $0.00001050 as the zone to watch. According to Wynn, cracking this level could trigger a broader rally and set a new trajectory toward higher price points. Technical patterns reveal that a cup-and-handle formation might be forming, a bullish sign often preceding major upward movements. If PEPE maintains current momentum and breaches the $0.00001050 mark, the path toward targets like $0.000014 becomes increasingly realistic. Such a breakout would not only energize the PEPE price rally but could eventually lead to higher ambitions like the $0.001 milestone.
$TRUMP As of Apr 29, 2025, the global cryptocurrency market cap is $2.84B with a -1.67% change in the last 24 hours. Today's price of TRUMP is $14.25, with a 24-hour trading volume of $1.59B. TRUMP is -1.34% in the last 24 hours, with a circulating supply of 200.00M TRUMP coins and a maximum supply of 1.00B TRUMP coins. TRUMP ranks 45 by market cap. It has a 24H high of $15.47 recorded on Apr 29, 2025, and its 24H low so far is $14.23, recorded on Apr 29, 2025.