Veteran trader Peter Brandt shared his take on the current state of Ethereum (ETH), suggesting it’s poised for a breakout. Although Brandt did not explicitly mention this, his ETH daily bar chart spoke for itself. Based on the trader’s chart, the Ethereum price has been consolidating over the past three weeks, forming a symmetrical triangle,
Solana’s price is hurtling toward the $180 resistance mark at breakneck speed, sparking fresh belief in a breach. This time, investors have their eyes peeled on a textbook cup-and-handle pattern tipped to send SOL to a new all-time high.
Solana Price Targets A Rally Beyond $180 Again
Solana price is making a play to retest the $180 psychological level after previous attempts failed to breach the glass ceiling. According to an X post by pseudonymous cryptocurrency analyst Crypto Virtuous, Solana is approaching the “scary region” again.
The last time Solana price tested the $180 level, prices took a hit and nearly fell below $100. However, after picking itself gingerly in a rally that sees it gain over 20% over the last week, the $180 psychological level is in sight yet again. A push to $180 is on the cards for Solana after DEX volumes surpassed $500 million in 2025.
“This is a scary region but I’m sure we’re breaking this one this time,” said Crypto Virtuous.
The crypto analyst is hinging his belief in Solana price breaching $180 on a classic cup and handle pattern forming on charts. The bullish pattern on the charts is stoking fresh enthusiasm for the Solana price, with Crypto Virtuous predicting a price spurt beyond $180. He argues that if prices breach the resistance formed by the cup’s rim, a big break toward $510 is a real possibility.
Institutional Interest Surges Following A 52% Monthly Price Spurt
According to CoinMarketCap data, the Solana price has spiked by 52% over the last month in a strong show of recovery. SOL’s weekly price performance reflects a similar spike for the asset, garnering 20% over the last seven days.
While daily charts reflect a modest 2% gain, Solana price reached a 24-hour high of $179.62 as bulls tie their bootlaces to retest the $180 psychological level. Amid the impressive price performance over the last week, institutional interest in SOL is heating to a boil.
For starters, SOL Strategies and DeFi Dev Corp have scooped over 200,000 SOL, sending their holdings above 395,000 SOL respectively. Apart from a frenzied accumulation spree, institutions are turning to Solana for enterprise utility, citing its speed and low fees compared to Ethereum.
Robinhood is considering Solana for its ambitious plans to tokenize US stocks for its EU clients. Driven by renewed institutional interest and sky-high retail appetite, Solana’s monthly transaction volume has surged beyond 1.5 billion.
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The post Wall Street Ponke Price Outlook: Why $WPONKE is Emerging as the Top Undervalued Crypto Pick for 2025 appeared first on Coinpedia Fintech News
In a sea of speculative tokens and empty promises, Wall Street Ponke is quickly capturing the spotlight as a rare gem with real fundamentals. Priced at just $0.00026, $WPONKE may look like a typical low-cap coin at first glance, but what lies beneath is an ecosystem that is rewriting what meme coins can be. With an astounding staking APY …
A large XRP transfer worth over $64 million by a Ripple whale has caught market attention as analysts suggest a possible bullish breakout. The transaction involved 29,532,534 XRP moving from an unknown wallet to Coinbase, hinting at renewed activity among large holders.
As XRP continues to trade above key support levels, traders are watching the market closely. Technical signals and whale movements are adding to speculation about a potential rally in the coming days.
Ripple Whale Activity Increases Ahead of Market Move
On-chain data has confirmed that Ripple whales have increased their positions. According to Santiment, wallets with 10 million to 100 million XRP tokens added over 200 million XRP last week.
This rise in accumulation by Ripple whales is seen as a possible move by institutional investors preparing for a price shift. At the same time, 23% of U.S. crypto investors now hold XRP, making it one of the most recognized tokens in the country.
Moreover, with the XRP ETF approval odds rising to 80% according to Polymarket, investor interest is rising. In addition, the Proshares XRP ETFs are supposed to launch on May 14 has boosted optimism of XRP price reclaiming $3.
The recent $64 million transfer into Coinbase has added to this outlook. Some analysts believe this move signals confidence by whales, who often act ahead of broad market trends. If true, the token could be preparing for a breakout toward key resistance zones.
XRP Price Action Signals Bullish Outlook
XRP is currently trading around $2.20 after recovering from a recent dip to $2.15. The price dropped on April 30, which triggered $13.9 million in long liquidations compared to just $1.49 million in short liquidations.
Crypto analyst Javon Marks commented on the situation, noting, “With lower timeframes confirming bull signals, another upside move can be in the works for XRP.”
Following the drop, the token’s futures open interest declined by about 4%, which may show traders adjusting their risk. Despite this, XRP price remains above its 20-day simple moving average (SMA), which is now seen as an important support level at $2.1677.
The upper Bollinger Band at $2.3082 is now a key resistance. If XRP price closes above this level with high volume, a push toward $2.50 or $2.80 is likely.
Momentum Indicators Show Mixed Signals
The Relative Strength Index (RSI) is currently at 52.44. It remains in the neutral zone but is slowly increasing, which may suggest building buying interest. The RSI average is at 54.08, and the small divergence between these levels is being monitored closely.
XRP/USD 1-day price chart (Source: TradingView)
The Chaikin Money Flow (CMF) is at -0.13, indicating some capital outflows, but it remains near the neutral line of 0.00. If the CMF moves into positive territory, it would signal a return of buyer strength in XRP price.
The Bollinger Bands have also narrowed, which often suggests a breakout could happen soon. Traders are now watching for price movement above $2.31 with rising volume, which would support the bullish scenario.