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23 06, 2025

Solana Price Eyes $156 As Kazakhstan MoU Sparks Expansion Buzz — TradingView News

By |2025-06-23T13:47:18+03:00June 23, 2025|Crypto News, News|0 Comments

Solana has signed an MoU with Kazakhstan to establish Central Asia’s first SOL-based economic zone. This strategic move helps it tap into a region responsible for nearly 20% of global crypto trading volume. This strategic move positions Solana as a pivotal infrastructure layer in one of crypto’s fastest-growing markets.

The news has sparked interest among investors, who are now keenly watching Solana’s price moves for short-term trade insights. While the MoU provides a long-term tailwind, the immediate question on traders’ minds is: Can SOL build momentum to bounce back from current lows? In this Sol price analysis, I take you through Solana’s network health and how it could perform on the charts.

On-Chain Metrics Fuel Solana?

According to data from Artemis, Solana maintains a leading position in both daily active addresses and transaction volume. Solana network averages over 1 million daily active users, significantly outpacing Ethereum, Avalanche, and Polygon.

On the transaction front, Solana logs 100–120 million daily transactions, showing scalability and usage consistency. This high throughput reflects sustained developer and user activity across DeFi, NFTs, and new consumer-facing apps. It also builds a compelling case for Kazakhstan’s decision to select Solana as its blockchain of choice.

Solana Price Analysis:

Solana, at the time of press, is trading at $134.49, down 0.67%, but rising volume suggests growing buying interest. The RSI has rebounded from oversold levels of 33.01 to 40.73, signaling a possible trend reversal. SOL has bounced from strong support at $129, while the 20 SMA at $137.46 remains the next key hurdle. 

Solana Price Analysis

Successively, a breakout could push prices toward $148, $152, and $156.88, respectively. On the downside, $129 remains the critical support to watch. With fundamentals strengthened by the Kazakhstan MoU and on-chain activity strong, SOL appears poised for a short-term rally, provided the momentum holds.

Also read our Solana SOLUSDT Price Prediction 2025, 2026-2030!

FAQs

1. Is the Kazakhstan MoU significant for Solana?

This MoU gives access to ~20% of global crypto volume. Hosting the first SOL economic zone could scale Solana’s regional adoption.

2. What’s the short-term price analysis for SOL?

If bullish momentum continues, SOL could test $148, then $152 and $156. Key support is at $129.

3. How much is Solana today?

The price of 1 SOL at the time of press is at $134.14, with an intraday change of -0.34% 

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23 06, 2025

Like It or Not, XRP Price is Not Going Back to Cents: Pundit

By |2025-06-23T11:46:10+03:00June 23, 2025|Crypto News, News|0 Comments

XRP community commentator Xena has insisted that the XRP price will not go back below the $1 mark despite growing bearish pressure.

Xena’s latest comments come on the back of the intense bearishness that has slipped into the crypto market amid the conflict in the Middle East. Notably, over the weekend, the United States launched a strike on Iran, targeting Isfahan, Fordo, and Natanz, major Iranian nuclear sites.

XRP Caught in Market Turbulence 

The development triggered concerns of further escalation of the already tense situation between Iran and Israel, leading to a cascading effect on the markets. From June 20 to 22, the broader crypto market lost $250 billion, dipping below the $3 trillion mark for the first time in over a month.

XRP was also a victim of this market-wide collapse, slumping below the pivotal $2 level over the weekend for the first time since April 11. The asset crashed to a 10-week low of $1.90. While this downturn sparked fears of a steeper collapse, Xena remains confident in XRP’s resilience.

Despite Drop Below $2, XRP Would Not Go Back to the Cents: Xena

She shared a snapshot of this decline but affirmed that XRP would not go back to trading in the cents region, referring to a price level below $1. Recall that XRP completely conquered the $1 price mark during the Trump-led rally in November 2024. This was the first time XRP traded above $1 in three years.

Like It or Not, XRP Price is Not Going Back to Cents: Pundit
Xena on X

Interestingly, two weeks after reclaiming $1 in mid-November 2024, XRP surged further to recover the $2 level in December for the first time in seven years. Remarkably, despite the correction and bearish consolidation that have dominated the market since February 2025, XRP has held strong.

XRP 1D ChartXRP 1D Chart
XRP 1D Chart

Specifically, XRP has failed to even retest the $1 price support since November 2024, skyrocketing well above it since then. This reality has contributed to the optimism recently displayed by Xena, a staunch XRP permabull. XRP has also struggled to maintain the $2 price despite occasional dips below it, another contributing factor to the confidence.

For instance, after the latest drop below $2, XRP has again recovered the price region, as the broader market recoups some of the weekend losses in the new week. Now, with XRP currently changing hands at $2.03 as of the time of reporting, it sits in a delicate position, as any mild bearish push could again trip it below $2.

However, despite this delicate situation, pundits like Xena believe a further collapse below $1 is improbable. As far back as November 2024, when XRP still traded for $1.57, market analyst The Bearable Bull insisted that XRP would never trade below $1 again. This projection has held up so far.

What if XRP Dropped Below $1?

Nonetheless, some bearish suggestions exist. For one, market veteran Ali Martinez called attention to a head-and-shoulders structure on the daily XRP chart three months back. While he did not predict a drop below $1, he did suggest XRP could reach the $1 support. 

Further, last December, analyst “IncomeSharks” predicted a possible drop to $0.6, claiming XRP could lose all its gains from the previous rally. This projection has still not materialized. 

Meanwhile, when pundit Edoardo Farina asked what investors would do if XRP dropped below $1 again, Black Swan Capitalist founder Vandell Aljarrah suggested he would buy more at the dip. At the current price of $2.03, XRP is down 7.7% over the past week.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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23 06, 2025

Here’s How High XRP Could Reach in 15 to 25 Years

By |2025-06-23T09:44:05+03:00June 23, 2025|Crypto News, News|0 Comments

Given its utility and prominence in the crypto market, many see XRP as one of the digital assets likely to endure over the coming decades.

As a result, projections about XRP’s future price are both high and ambitious. Currently trading around $2, many have speculated that the coin could reach as high as $10,000 in the coming decades.

This article compiles commentary from various experts on where XRP’s price could be in 15 years (2040) and 25 years (2050).

How High XRP Could Go in 15 Years

According to Matthew Brienen, COO of CryptoCharged, XRP could be trading as high as $1,000 during the 2040s. He expressed this in a viral video, highlighting XRP’s utility in the multi-trillion-dollar cross-border payment market.

This would represent a massive 46,411% increase from XRP’s current price of around $2.15. Moreover, such a valuation would imply a market cap of approximately $60 trillion, assuming the circulating supply remains around 60 million tokens.

Notably, analysts at the crypto exchange Changelly agree with Brienen’s perspective. They have projected prices as high as $1,456 for XRP by November 2040. This would mark a 66,997.5% return on investment (ROI) from today’s price.

However, the exchange also noted that if this four-digit valuation does not materialize, XRP could still average in the triple-digit range. Their lowest projected price for XRP by 2040 is $181.72. This would still represent an 8,352% ROI from today’s value, a substantial return.

Telegaon analysts also share a bullish outlook. They forecast a minimum price of $119 and a maximum value of $160.34 for XRP in the next 15 years.

Implications for Investors

For investors holding 10,000 XRP (worth about $21,500 today), even the most conservative estimates suggest that the portfolio could rise to over $1.2 million. In the most ambitious scenarios, the investment could grow to more than $14 million.

How High XRP Could Go in 25 Years

Looking further ahead, XRP’s long-term outlook becomes even more optimistic. According to Changelly, the minimum projected price for XRP by 2050 is $1,389.58. For holders of 10,000 XRP, this would equate to a portfolio worth nearly $14 million in a conservative scenario.

Interestingly, Changelly’s analysis suggests that XRP could reach a maximum of $2,355 by 2050, an astonishing 108,448.4% increase from today’s price.

On the other hand, Telegaon’s analysts offer more modest projections. They forecast a maximum price of $285.56 for XRP by 2050. While this is significantly lower than Changelly’s estimate, it would still result in considerable gains. At that price, a 10,000 XRP portfolio would be worth approximately $3 million.

Will XRP Reach These Prices?

While there’s no guarantee that XRP will hit any of these projected prices, the overall consensus is optimistic that it will be significantly higher than its current value over the next few decades. Several factors could contribute to XRP’s growth:

  • Utility: XRP’s role in cross-border payments continues to be a key driver.
  • Institutional Adoption: Increasing interest from financial institutions adds legitimacy and demand.
  • Market Maturation: As the broader crypto market matures, XRP could benefit from more stable and widespread use.

Numerous financial institutions have included XRP in their treasury reserves, with collective holdings estimated at over $1 billion.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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23 06, 2025

Cardano Price Prediction: ADA Risks Freefall Toward $0.41 If April Lows Break

By |2025-06-23T07:42:59+03:00June 23, 2025|Crypto News, News|0 Comments

Cardano is testing a crucial support near $0.50, with bearish momentum building and a potential retest of April lows now on the table.

Cardano is starting to lose its footing after another failed attempt to push higher. The recent move off support lacked strength, and now the price is sliding back toward familiar lows. Momentum has shifted, the setup is beginning to look fragile, and sentiment is turning cautious as key levels come back into focus.

Cardano is trading around $0.55, down -5.83% in the last 24 hours. Source: Brave New Coin

Cardano At Make or Break Level

Cardano is now standing down in one of the most important levels in recent days. According to Coin Bureau Trading, ADA is approaching high-time-frame support at $0.49, a zone that represents both the point of control and the highest volume node within its current trading range. This isn’t just a random level; it’s a structural pivot that has historically separated bullish continuation from full breakdown.

Cardano Price Prediction: ADA Risks Freefall Toward alt=

ADA Cardano price approaches critical support at $0.49, a key structural level that could define its next major trend. Source: Coin Bureau Trading via X

If this $0.49 level holds, the upside target opens toward $1.19, aligning with prior macro highs and liquidity gaps. But if ADA slips below this support, especially with volume, it could trigger a fast move down to the $0.30 region, where previous capitulation zones lie.

Cardano Price Faces Pressure Below Descending Trendline

Building on the critical $0.49 level identified earlier, new analysis from Man of Bitcoin adds more caution to the short-term picture. ADA remains stuck under a descending trendline, and as long as it stays capped there, price action looks biased for at least one more sweep lower. The chart highlights a possible wave structure pointing towards a low in the $0.510 to $0.505 range, right in the green demand zone.

Cardano Price Faces Pressure Below Descending Trendline

ADA below a descending trendline, with Fibonacci targets hinting at further downside into key demand zones. Source: Man of Bitcoin via X

Technically, the area between the 1.236 and 1.38 Fibonacci levels lines up with the previous breakdown target zones. Now, until a bottom forms, price structure remains tilted toward lower lows unless bulls can reclaim the trendline with momentum.

ADA Slides to 8th in Grayscale’s Weekly

Cardano has dropped to the 8th position in Grayscale’s latest 1-week returns snapshot, logging a -9.4% decline. While the broader market saw red across the board, ADA stood out on the weaker end of performance. This drop aligns with what’s playing out on the chart: ADA is hovering just below the $0.50 zone.

ADA Slides to 8th in Grayscale’s Weekly

Cardano’s ADA drops -9.4% and falls to 8th in Grayscale’s weekly returns. Source: Angry Crypto Show via X

Technical signals remain under pressure. Price continues to reject descending trendlines, and bearish wave structures are still active, suggesting momentum is poised towards the downside. Unless buyers step in soon, ADA risks slipping further, not just in price, but also in its place among the majors.

Cardano Breakdown Eyes April Low Retest

Cardano’s bounce attempt has failed once again. After a brief reaction off support, ADA couldn’t build momentum and is now slipping back into its broader downtrend. According to analyst AlienOvichO, price action remains heavy, and the lack of follow-through leaves ADA vulnerable to a retest of its April lows.

Cardano Breakdown Eyes April Low Retest

Cardano struggles to hold ground as breakdown risks mount, with eyes now on a potential retest of April’s low. Source: AlienOvichO via X

Right now, there’s no clean reversal setup in play. A confirmed break below April’s low could open the door to deeper downside, potentially targeting the $0.41 area. On the flip side, only a sharp bounce and trendline reclaim would revive any real bullish case for the ADA Cardano price.

Final Thoughts: Is ADA Lining Up For A Major Dip?

Cardano is clearly at a crossroads. The failure to rally from key support has tilted momentum back to the downside, and the lack of any strong reversal signal means traders are now eyeing a retest of the April lows. If $0.45 breaks, $0.41 isn’t far off, and from a structural standpoint, that’s a level that could trigger a sharper drop if confidence fades further.

That said, ADA still has room to defend itself. Bulls need to show up now, or risk losing further support in the process. Until ADA Cardano price sees a decisive reclaim of the descending trendline and some volume behind it, the trend remains under pressure.



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23 06, 2025

XRP, SOL, ETH, HYPE Oversold Bounce Possible If BTC Recovers

By |2025-06-23T05:41:56+03:00June 23, 2025|Crypto News, News|0 Comments

Key points:

  • Bitcoin fell below the $100,000 support on Sunday, but a rebound could depend on how US stock futures open.

  • Bitcoin’s weakness has pulled ETH, XRP, SOL, and HYPE below their respective support levels.

Bitcoin (BTC) nosedived below the psychological $100,000 support on Sunday as traders digested the US strike on Iran’s nuclear facilities. Popular trader Cas Abbe said in a post on X that Bitcoin could drop toward the $93,000 to $94,000 zone before starting a reversal. 

Bitcoin’s weakness has spread to several major altcoins, which have entered a deeper correction by breaking below their respective support levels. This suggests the sentiment has soured, and traders are taking risk off the table.

Crypto market data daily view. Source: Coin360

However, a positive sign is that analysts remain bullish on Bitcoin for the long term. Real Vision CEO Raoul Pal said in a recent video that the current crypto cycle resembles the pattern seen in 2017. He expects the crypto cycle to extend into Q2 2026

Could Bitcoin bulls push the price back above $100,000, or will bears remain in control? Will select altcoins find buyers at lower levels? Let’s study the charts to find out.

Bitcoin price prediction

Bitcoin broke below the 50-day simple moving average ($104,788) on Friday and the $100,000 support on Sunday.

BTC/USDT daily chart. Source: Cointelegraph/TradingView

The moving averages are on the verge of a bearish crossover, and the relative strength index (RSI) is in the negative territory, indicating that bears are in control. If the price maintains below $100,000, the selling could intensify, pulling the BTC/USDT pair to $93,000.

Buyers will have to push the price above the 20-day exponential moving average ($104,616) to prevent the downside in the near term. The pair could then rise to the downtrend line, which is likely to pose a substantial challenge for the bulls.

BTC/USDT 4-hour chart. Source: Cointelegraph/TradingView

The pair completed a bearish descending triangle pattern on a close below the $100,700 level. The pattern target of the negative setup is $89,420, but the bulls are unlikely to give up easily.

Buyers will try to start a relief rally, which could face selling at $100,700 and then at the 20-EMA. If the price turns down from the overhead resistance, the pair may deepen the correction. 

The bulls will have to drive and maintain the price above the 50-SMA to start a meaningful recovery.

Ether price prediction

Ether (ETH) turned down from the 20-day EMA ($2,487) and fell below the 50-day SMA ($2,481) on Friday.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

Selling continued on Saturday, and the ETH/USDT pair broke below the $2,323 support. Buyers tried to push the price back above the breakdown level of $2,323, but renewed selling by the bears has pulled the pair near the $2,111 support. The bulls will try to defend the $2,111 level with all their might because a break below it may sink the pair to $1,754.

If the price rebounds off $2,111, the bulls will have to push the pair back above the 20-day EMA to suggest that the near-term correction may have ended.

ETH/USDT 4-hour chart. Source: Cointelegraph/TradingView

The pair could find support at the $2,111 level, but the rebound is expected to face strong selling at the breakdown level of $2,323. If the price turns down sharply from $2,323, the bears will again try to sink the pair below $2,111.

Conversely, if the bulls successfully defend the $2,111 level, the pair could form a range in the near term. The pair may swing between $2,111 and $2,323 for some time. The selling pressure could weaken on a close above the 50-SMA.

XRP price prediction

XRP’s (XRP) range between $2 and $2.65 resolved to the downside on Sunday, indicating increased selling pressure from the bears. 

XRP/USDT daily chart. Source: Cointelegraph/TradingView

If the price sustains below $2, the XRP/USDT pair could tumble to the $1.61 support. Buyers are expected to vigorously defend the $1.61 level because a break below it may start a collapse to $1.28.

The bulls will have to swiftly push the price back above the breakdown level of $2 to prevent a breakdown. The pair could then rise to the moving averages, where the bears are likely to pose a strong challenge.

XRP/USDT 4-hour chart. Source: Cointelegraph/TradingView

The bulls tried to start a bounce off the $2 support, but the bears aggressively sold near the 20-EMA on the 4-hour chart. The price turned down and broke below the $2 support, pulling the RSI into the oversold territory. That suggests a relief rally is possible in the short term.

On the upside, the bears may sell the recovery attempt at $2 and above that at the 20-EMA. If the price turns down sharply from the overhead resistance, the pair risks a further downside. A close above the 50-SMA will be the first sign that the selling pressure is reducing.

Related: Here’s what happened in crypto today

Solana price prediction

Solana (SOL) completed a bearish H&S pattern when the price closed below the $140 support on Saturday.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

The bulls will try to start a recovery but may face selling at the 20-day EMA ($148). If the price turns down from the 20-day EMA, the SOL/USDT pair could plunge to the $110 support and eventually to the pattern target of $93.

Conversely, a break and close above the 20-day EMA suggests solid demand at lower levels. The pair could rise to the 50-day SMA ($160), which is likely to behave as a strong obstacle.

SOL/USDT 4-hour chart. Source: Cointelegraph/TradingView

The downsloping moving averages signal that bears are in command, but the oversold level on the RSI points to a possible relief rally in the near term. Recovery attempts could face selling at the breakdown level of $140. If the price turns down from $140, the bears will try to resume the downward move.

Buyers will have to push and maintain the price above the 50-SMA to signal a comeback. That opens the doors for a relief rally to $149 and thereafter to $158.

Hyperliquid price prediction

Repeated failures to maintain the price above $42.50 started a sharp correction in Hyperliquid (HYPE), signaling that the bulls are hurrying to book profits.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

The bulls held the 50-day SMA ($32.26) on Saturday, but the bounce has been sold into. That increases the possibility of a break below the 50-day SMA. The HYPE/USDT pair could descend to the breakout level of $28.50.

Buyers are likely to have other plans. They will try to defend the 50-day SMA and push the price back above the 20-day EMA. If they manage to do that, the pair could climb to $40. 

HYPE/USDT 4-hour chart. Source: Cointelegraph/TradingView

Both moving averages are sloping down, and the RSI is in the negative zone on the 4-hour chart. Pullbacks to the 20-EMA are likely to be sold into. There is minor support at $30.50, but it could be broken. The pair may then plummet to the solid support at $28.50.

The first sign of strength will be a break and close above the 20-EMA. That suggests the bears are losing their grip. The pair may ascend to the 50-SMA, which could again attract sellers.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.