Price analysis
Analyst’s Solana Price Forecast Hints $4,000 Target
Published
3 months agoon
By
admin
Solana price, a Layer 1 blockchain, has showcased exceptional growth, becoming a standout performer in the cryptocurrency market. Since early November, SOL has gained significant momentum, breaking key resistance levels amid a wider crypto rally. Over the past year, its value has surged by 218%, reflecting strong investor confidence. Despite minor dips, analysts suggest Solana’s price could climb higher, with some projecting an ambitious target of $4,000.
Can Solana Price Hit $400 According to Analyst
A prominent crypto analyst has tweeted a bold price prediction for Solana, citing a “cup and handle” chart pattern. According to the analysis, Solana could potentially reach $4,000 in the near future if the bullish structure materializes.
The analyst shared a monthly chart showcasing the formation of a classic “cup and handle” pattern. The chart suggests that Solana has been consolidating within a critical resistance zone around $260. A breakout from this range could validate the bullish thesis.
The prediction assumes Solana will break through its current resistance and rally toward higher Fibonacci extension levels. Notably, the 1.618 and 1.786 extensions, often used in technical analysis, indicate potential targets of $2,236 and $4,013, respectively. The ultimate price goal of $4,000 represents a staggering 1,861% increase from current levels.


The Solana price could skyrocket, driven by growing interest in Solana meme coins like WIF and a potential ETF approval. Grayscale’s recent Solana ETF filing with the SEC has boosted investor enthusiasm, aligning with rising demand across altcoin markets.
Bitcoin’s strong resistance above key levels and a resurgent crypto market fuel optimism for SOL. The upcoming U.S. presidential inauguration in January could create additional market momentum. Speculation surrounding an altcoin season, alongside increased investor activity, positions Solana as a standout performer. These factors could push SOL closer to its ambitious $4,000 target.
Solana Price Eyes More Bullish Ahead
Over the past month, the Solana price has seen a slight surge in its value. At the time of writing, the SOL price is hovering at $223.49, marking a 2.78% gain over the past 24 hours. This recent performance showcases a gradual upward trend amid fluctuating market conditions.
Despite the signs of recovery, the Solana price prediction faces challenges in overcoming the critical $262 resistance level. A breakout above this zone could pave the way for further gains, while failure to breach it might lead to a retest of the $200 support zone.
The Chaikin Money Flow (CMF) indicator has risen to 0.05, suggesting increasing buying pressure and capital inflow into the asset. The Moving Average Convergence Divergence (MACD) presents a bullish crossover, with the MACD line climbing above the signal line.


Solana’s bullish momentum and strong investor interest signal potential for further growth. However, breaking critical resistance levels is crucial to achieving ambitious targets like $4,000 in the near future.
Frequently Asked Questions (FAQs)
It is based on the “cup and handle” chart pattern analysis.
Strong investor interest, ETF hype, and altcoin market demand.
Bitcoin’s strong performance boosts optimism for Solana and altcoins.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Source link
You may like
Trader Issues Urgent XRP Alert, Says the Top-Five Altcoin at Risk of Sharp Correction – Here’s His Target
This coin could see a $10b market cap and double-digit price before SHIB gains its 2021 mojo
Can a Meme Coin Fund the Future of Scientific Research?
Analyst Confirms XRP Price Is Still On Path To $130
Proof-of-Work Crypto Mining Doesn’t Trigger Securities Laws, SEC Says
Crypto campaign donations are democracy at work — former Kraken exec
Bitcoin price
Will Trump Announce Zero Tax Gains in Today’s Crypto Summit Talk?
Published
12 hours agoon
March 20, 2025By
admin
Cryptocurrencies price are up as traders anticipate pro-crypto remarks from US President Trump today, March 20. Bitcoin price rose to a two-week high of $87,000 before retreating to trade at around $85,250 at press time. XRP led the gains among the top ten altcoins with a 7% rise while Ethereum briefly reclaimed $2,000 before reversing to $1,990. As the crypto summit draws near will Trump’s announcements drive more gains for crypto prices?
Will Trump Announce Zero Tax Gains During Crypto Summit?
Speculation is rife that Trump could make a major announcement at the Blockworks Digital Assets Summit happening in New York. Crypto analyst JackTheRippler opined that the President will announce zero capital gains on USA crypto coins. Walter Bloomberg also noted that Trump would make a “major update” to his crypto strategy.
If Trump imposes zero tax gains on cryptocurrencies, it will boost retail and institutional interest, causing massive price gains. This policy would also make the US a major crypto hub.
Trump’s attendance at this Summit will also mark the first time that a sitting US President is attending a crypto conference. This is fuelling excitement among crypto investors, with Bitcoin price likely to hit $90,000.
The Executive Director of the President’s Working Group on Digital Assets, Bo Hines, was among the speakers at the crypto summit earlier this week. In his remarks, he noted,
“We are looking forward to working with our partners at Treasury, and the Secretary of Commerce in order to find those budget-neutral ways in which we can acquire more [Bitcoin]… We need as much as we can get.”
If Trump provides clarity on how the US will acquire Bitcoin and announces a zero crypto tax policy for US-based coins, cryptocurrencies price will rebound and likely reclaim the $3 trillion market cap.
Cryptocurrencies Price Prediction After Trump Speech
Cryptocurrencies price could rebound after the summit as Trump’s pro-crypto remarks have always been met with a brief relief rally. For instance, earlier this month, BTC rose from around $85,000 to $93,000 within hours after Trump signed an executive order for a crypto reserve.
However, with the market expectations already high, failure to make a major announcement could cause a resumption of bearish trends. This could push Bitcoin below $80,000 while Ethereum price may lose support at $1,800.
Nevertheless, the total market cap shows that the market has been on a gradual rebound over the past week. If Trump’s remarks signal a bullish breakout, TOTAL could target its 100-day SMA of $3.18 trillion.


If analysts are right and Trump withdraws capital gains on US crypto coins, altcoins like XRP and Cardano are likely to record a parabolic rally. This could see XRP price hit $3 within hours while the Cardano price forecast hints at a rally past $1.
Therefore, it is likely that cryptocurrencies price will post gains after Trump’s speech during the Digital Assets Summit. However, this rally may be short-lived if traders rush to book profits.
Frequently Asked Questions (FAQs)
Cryptocurrencies price will likely see a relief rally if President Trump makes pro-crypto remarks at the crypto summit.
Speculation is rife that President Trump will announce zero capital gains tax on US-based crypto coins. This could drive massive gains for altcoins like XRP and Cardano.
If President Trump provides clarity on how the US government will acquire Bitcoin for the crypto reserve, it could drive a rally to $100,000.
muthoni
Muthoni Mary is a seasoned crypto market analyst and writer with over three years of experience dissecting blockchain trends, price movements, and market dynamics. With a sharp eye for technical analysis and an in-depth understanding of on-chain metrics, she delivers insightful, data-driven content that helps investors navigate the fast-paced world of digital assets.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Source link
Bitcoin
Bitcoin Price Eyes 90K rally at Blackrock-led ETFs Buy $512M BTC 3-Days before US Fed Decision
Published
1 day agoon
March 19, 2025By
admin
Bitcoin price surged by 4% on Wednesday, hitting a 10-day peak . This rally follows three consecutive days of substantial Bitcoin ETF inflows, totaling $512 million. As BTC flirts with the critical $90,000 resistance level, investors are closely watching the impact of the Federal Reserve’s policy decision on global markets.
Bitcoin (BTC) Price Hits 10-Day Peak on Fed Rate Decision
Bitcoin (BTC) surged by 4% on Wednesday, reaching a 10-day high of $85,900 as the U.S. Federal Reserve’s decision to pause interest rate hikes aligned with investor expectations.


This bullish momentum follows three consecutive days of strong institutional inflows into Bitcoin ETFs, totalling $512 million. With BTC price facing critical resistance at $90,000, market participants are watching closely to see whether institutional demand and macroeconomic conditions will trigger more gains in the coming trading sessions.
ETF Inflows Surged $512M ahead of Fed Rate Decision
Since their introduction, Bitcoin ETFs have become a key gauge of institutional sentiment in the cryptocurrency market. After 3-week selling spree, Bitcoin ETFs have recored positive inflows over the past three trading days, according to SosoValue data


On Tuesday alone, Bitcoin ETFs saw $209 million in inflows, marking one of the strongest demand periods in weeks. The funds have accumulated over $512 million in Bitcoin purchases, underscoring strong demand from corporate and institutional investors.
Historically, such sustained inflows have often preceded significant price breakouts, suggesting that institutional investors swung bullish BTC’s short-term price prospects as markets priced in a 99% chance of a rate pause at the start of the week.
BTC Faces Key Resistance at $90,000 Amid Short Squeeze Pressure
Despite its recent gains, Bitcoin price is showing more upside potential. According to the latest derivatives data from Coinglass, over $290 million worth of BTC short positions were closed near the $85,000 level.
Short traders, who profit when prices decline, are making last-ditch efforts to defend their positions and avoid a wave of forced liquidations.


However, liquidation heatmaps suggest that BTC short liquidations at the $85,000 level may have weaken ed neighboring resistance zones. If Bitcoin sustains momentum and breaks above $90,000, it could trigger a cascading effect, forcing more short sellers to cover their positions and further driving up the price.
US Fed Rate Pause Boosts Risk Asset Appetite
The Federal Reserve’s decision to maintain interest rates at current levels has provided additional support for Bitcoin’s rally. A pause in rate hikes signals a more accommodative stance toward financial markets, which typically benefits risk assets such as cryptocurrencies.


Lower interest rates make traditional savings and fixed-income investments less attractive, prompting investors to seek higher returns in alternative assets like Bitcoin. If institutional investors interpret the Fed’s stance as a green light for continued Bitcoin accumulation, ETF inflows could remain strong, further reinforcing the bullish outlook.
Bitcoin Price Outlook: Path to $90K and Beyond?
With ETF inflows surging and macroeconomic conditions remaining favorable, Bitcoin price forecast signals appears well-positioned for a continued uptrend. However, to sustain its bullish momentum, BTC must overcome key resistance levels:
- $90,000 – A major psychological level that could trigger a new wave of buying or profit-taking.
- $92,500 – The next upside target if BTC breaks through $90K.


On the downside, strong support levels include:
- $85,000 – A key level where short liquidations have already been triggered.
- $82,500 – A potential retest zone if BTC faces rejection at $90,000.
The ongoing BTC price surge is fuelled by strong institutional demand and a favorable macroeconomic backdrop. With $512 million in ETF inflows and short sellers under pressure, BTC’s path to $90,000 looks increasingly viable. However, breaking through this critical resistance will be key in determining whether Bitcoin can extend its rally toward new all-time highs.
Frequently Asked Questions (FAQs)
Bitcoin’s recent price surge is fueled by strong ETF inflows, institutional demand, and macroeconomic factors like the Federal Reserve’s rate pause.
The $90,000 level represents a major psychological and technical barrier where large short positions could trigger a short squeeze or a pullback.
Bitcoin ETFs allow institutional investors to gain exposure to BTC, and significant inflows often drive price surges due to increased market confidence.
ibrahim
Crypto analyst covering derivatives markets, macro trends, technical analysis, and DeFi. His works feature in-depth market insights, price forecasts, and institutional-grade research on digital assets.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Source link
Markets
Pi Network coin to $10? 4 catalysts that may make it possible
Published
1 day agoon
March 19, 2025By
admin
Pi Network price has crashed over the past few weeks, erasing some of the gains made after its mainnet launch in February.
Pi Network (PI) has dropped to $1.13, down from an all-time high of $3, bringing its market cap to $7.73 billion from an all-time high of nearly $20 billion. This article explores the top four catalysts that may push the Pi coin to $10 in the long term.
Crypto market rally
A crypto market rally is the most important catalyst that may push the Pi coin price to $10. Such a rally would happen if Bitcoin rebounds from the current correction and surges above its all-time high.
Altcoins have historically performed well when Bitcoin is in a strong uptrend. This surge is usually driven by increased demand from investors and a rise in the crypto fear and greed index.
Potential catalysts for the next crypto market rally include a dovish Federal Reserve, greater regulatory clarity, and more ETF approvals.
Pi Network burn mechanism
Another potential catalyst for Pi Network’s price is a token burn mechanism. A burn refers to a situation where tokens are moved into an inaccessible wallet, reducing supply and helping to control inflation.
Token burns could help offset the ongoing unlocks. Over 188 million Pi coins will be unlocked this month, with another 1.6 billion expected over the next 12 months. More token unlocks will happen in the future since only 6.84 billion are currently in circulation out of a total supply of 100 billion.
Pi Network has various ways of burning tokens. It can burn tokens from users who have not migrated them to the mainnet. It can also burn fees generated from its ecosystem, and the Pi Foundation can voluntarily burn some of its tokens.

Potental Pi coin ETF appoval
Another potential catalyst that could push Pi Network’s price to $10 is a spot ETF application and approval by the Securities and Exchange Commission. Pi meets most of the conditions needed for approval.
It is a larger cryptocurrency than others that have received ETF applications, such as Sui (SUI), Litecoin (LTC), and Polkadot (DOT). It is also more liquid than some of these coins since its daily volume is often over $1 billion.
Pi Network is also a proof-of-work cryptocurrency, meaning that its technology is similar to that of Bitcoin (BTC) and Ethereum.
Exchange listings would benefit Pi Network price
Another key catalyst for Pi Network is potential exchange listings by major platforms like Coinbase, Binance, Upbit, and Kraken. It would also benefit from listings on decentralized exchanges like Uniswap and Raydium through a wrapped version of the token.
A Binance listing would expose it to over 200 million global customers. A Coinbase and Kraken listing would broaden its reach among American customers, while Upbit would open access to South Korean traders.
Source link

Trader Issues Urgent XRP Alert, Says the Top-Five Altcoin at Risk of Sharp Correction – Here’s His Target

This coin could see a $10b market cap and double-digit price before SHIB gains its 2021 mojo

Can a Meme Coin Fund the Future of Scientific Research?

Analyst Confirms XRP Price Is Still On Path To $130

Proof-of-Work Crypto Mining Doesn’t Trigger Securities Laws, SEC Says

Crypto campaign donations are democracy at work — former Kraken exec

1 Million Bitcoin In New Whale Hands—A Mega BTC Rally On The Horizon?

Argentina’s Senate Hosts First-Ever Conference On Bitcoin Regulation

Justin Sun Stakes $100,000,000 Worth of Ethereum Amid Calls for ‘Tron Meme Season’

Cardano wallet Lace adds Bitcoin support

Donald Trump Vows to Make America the ‘Undisputed Bitcoin Superpower’

Will Trump Announce Zero Tax Gains in Today’s Crypto Summit Talk?

Avalanche (AVAX) Drops 4.5%, Leading Index Lower

Tether’s US treasury holdings surpass Canada, Taiwan, ranks 7th globally

Here’s Where Support & Resistance Lies For Solana, Based On On-Chain Data

Arthur Hayes, Murad’s Prediction For Meme Coins, AI & DeFi Coins For 2025

Expert Sees Bitcoin Dipping To $50K While Bullish Signs Persist

Aptos Leverages Chainlink To Enhance Scalability and Data Access

Bitcoin Could Rally to $80,000 on the Eve of US Elections

Sonic Now ‘Golden Standard’ of Layer-2s After Scaling Transactions to 16,000+ per Second, Says Andre Cronje

Institutional Investors Go All In on Crypto as 57% Plan to Boost Allocations as Bull Run Heats Up, Sygnum Survey Reveals

Crypto’s Big Trump Gamble Is Risky

Ripple-SEC Case Ends, But These 3 Rivals Could Jump 500x

Has The Bitcoin Price Already Peaked?

A16z-backed Espresso announces mainnet launch of core product

Xmas Altcoin Rally Insights by BNM Agent I

Blockchain groups challenge new broker reporting rule

Trump’s Coin Is About As Revolutionary As OneCoin

The Future of Bitcoin: Scaling, Institutional Adoption, and Strategic Reserves with Rich Rines

Is $200,000 a Realistic Bitcoin Price Target for This Cycle?
Trending
- 24/7 Cryptocurrency News4 months ago
Arthur Hayes, Murad’s Prediction For Meme Coins, AI & DeFi Coins For 2025
- Bitcoin2 months ago
Expert Sees Bitcoin Dipping To $50K While Bullish Signs Persist
- 24/7 Cryptocurrency News2 months ago
Aptos Leverages Chainlink To Enhance Scalability and Data Access
- Bitcoin5 months ago
Bitcoin Could Rally to $80,000 on the Eve of US Elections
- Altcoins2 months ago
Sonic Now ‘Golden Standard’ of Layer-2s After Scaling Transactions to 16,000+ per Second, Says Andre Cronje
- Bitcoin4 months ago
Institutional Investors Go All In on Crypto as 57% Plan to Boost Allocations as Bull Run Heats Up, Sygnum Survey Reveals
- Opinion5 months ago
Crypto’s Big Trump Gamble Is Risky
- Price analysis5 months ago
Ripple-SEC Case Ends, But These 3 Rivals Could Jump 500x
✓ Share: