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A trading expert has identified a technical setup that could see Solana ( SOL ) target the $4,000 mark as the decentralized finance ( DeFi ) asset continues to establish its price above the $100 support zone. According to Ali Martinez, Solana has the potential to surge by a staggering 2,900%, pointing to the formation of a cup and handle pattern as a strong indicator of a bullish trend, he said in an X post on March 14. Solana price analysis chart. Source: Ali Martinez Martinez noted that since November 2021, Solana has experienced a U-shaped decline, followed by a level-off phase, which is now evolving into the pattern’s “handle.” This technical formation is often seen as a precursor to a major upward movement in price. The cup and handle pattern is bullish, where the price forms a rounded bottom (the cup) followed by a consolidation phase (the handle). A breakout above the resistance level signals a potential rally. Martinez suggested that Solana could break the $200 resistance, paving the way for a surge toward $4,000. He emphasized that if Solana can decisively break above the $200 mark, the odds of a continued bullish rally increase significantly. In this case, a $4,000 valuation would likely elevate Solana to the highest-ranked digital asset with a market cap exceeding $2 trillion, provided Bitcoin ( BTC ) stagnates during this period. Meanwhile, another analysis by Ted Pillows in an X post on March 14 also stressed the significance of Solana holding the $110 level, as dropping below this mark could usher in a sustained correction for SOL. Solana price analysis chart. Source: Ted Pillows The expert stated that Solana stands at a key juncture, considering its retest of a multi-year support zone and a long-term uptrend line. Historically, these levels have provided strong buying opportunities. He highlighted the importance of the $110 to $120 zone, noting that failure to hold support could open the door for a deeper correction of 30% to 40%. However, a successful bounce could signal a reversal, with a potential upside if bullish momentum returns. Solana price fundamentals Although technical indicators are crucial to Solana’s next price trajectory, other fundamentals are also coming into play, with the spot exchange-traded fund ( ETF ) ranking as a key factor. Several entities have applied for the product with the Securities and Exchange Commission ( SEC ). On March 11, the SEC postponed its decision on multiple altcoin ETFs, including those for XRP , Solana, Litecoin ( LTC ), and Dogecoin ( DOGE ). The agency extended its review period, pushing decisions on Grayscale’s XRP ETF and Cboe BZX’s Solana ETF to May. SEC ETF verdict. Source : SEC Notably, Bloomberg ETF analyst James Seyffart called the delay “expected,” noting that final deadlines extend until October. Fellow analyst Eric Balchunas added that other ETF proposals, including one for Ethereum ( ETH ) staking, were also delayed. Eth staking and in-kind also delayed. Everything delayed. It`s like the NYC-bound Amtrak on monday morning: "Mechanical issues in DC" — Eric Balchunas (@EricBalchunas) March 11, 2025 The SEC has previously extended crypto ETF decisions amid leadership changes following Gary Gensler’s exit from the regulator. Although part of Solana’s momentum last year was driven by meme coin activity on its network, an ETF approval could help broaden SOL’s appeal and attract long-term investors. On the other hand, a proposal to slash Solana’s inflation rate by 80% (SIMD-228) has failed to pass after falling short of the required 66.67% approval. Despite securing 61.39% “Yes” votes, opposition from smaller validators tipped the balance, keeping SOL issuance unchanged. The decision could lead to short-term selling pressure, as lower inflation would have reduced token supply, potentially driving up SOL’s price. However, higher rewards may sustain validator participation and network security, a long-term positive. SOL price analysis As of press time, Solana was trading at $133.10, well below its 50-day ($183.93) and 200-day ($186.79) moving averages ( MA ), signaling a strong downtrend. The asset’s market sentiment remains bearish, with the Fear & Greed Index at 27 (Fear). However, the 14-day relative strength index ( RSI ) stands at 35.38. SOL must reclaim $150 and break above key resistance levels to reverse the bearish trend. Until then, downside risks remain in play. Featured image via Shutterstock The post Expert identifies Solana’s path to $4,000 appeared first on Finbold .
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BlackRock Allocates 1-2% to BTC ETF While DuragDoge Gains 100% in Community-Driven Surge!
The post BlackRock Allocates 1-2% to BTC ETF While DuragDoge Gains 100% in Community-Driven Surge! appeared first on Coinpedia Fintech News BlackRock, the world’s largest asset manager, just made a bold move by adding 1% to 2% of its target allocation portfolios to the iShares Bitcoin Trust ETF (IBIT) . ETF analyst James Seyffart called it a big deal, adding that BlackRock is the first of these models to include bitcoin and probably won’t be the last. Despite this positive development for Bitcoin, analysts are convinced that the best cryptocurrency to buy now is a presale token as it offers a better chance at massive gains. Top on their list is the upcoming meme coin DuragDoge . Analysts believe DuragDoge’s features and the fact that it is still on presale make it the best cryptocurrency to buy now. Find out why you should invest in this project. BlackRock’s Bitcoin (BTC) Push and Trump’s Endorsement Leads To a Rise in Bitcoin (BTC) Prices BlackRock’s attention to Bitcoin is not coming out of nowhere, as BlackRock spent all of 2023 pushing for a spot Bitcoin ETF approval in the U.S. That effort paid off in January 2024, when a wave of Bitcoin funds launched and quickly became some of the fastest-growing ETFs ever. According to Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF models, Bitcoin has long-term investment potential and can add unique diversification to portfolios. This latest news and President Donald Trump naming Bitcoin among the coins to add to a strategic reserve fund helped Bitcoin surge in the past week. The project rose 7% in the last 24 hours to $90,433 , with analysts predicting a further rise. Despite these predictions, crypto experts advise traders looking for the most promising crypto to consider DuragDoge. DuragDoge ($DURAG) Is The Meme Coin Redefining Crypto with Zero Taxes DuragDoge is a meme coin in the Doge ecosystem that is currently on presale. This upcoming project aims to take advantage of its unique features to top the list of best cryptos to invest in. Unlike most meme tokens, DuragDoge offers features that make it a contender for a spot in the top 10 cryptos in the coin market. With DuragDoge, traders will not worry about buying or sex tax. Additionally, there will be no team tokens, so investors do not need to worry about market manipulation. Furthermore, DuragDoge will also feature a buyback and burn program to increase scarcity and the value of the remaining tokens. The altcoin’s primary focus is to build a community of dreamers, hustlers, and go-getters. More than just a meme coin, it hopes to reflect identity and creativity and become a bigger movement than just crypto. Many experts believe this approach could make DuragDoge one of the top 10 cryptos in the coin market. Don’t Miss Out on DuragDoge’s ($DURAG) 20% APY DuragDoge’s ongoing presale offers mouthwatering incentives, making it the best crypto to buy now. With its staking mechanism, investors who stake their tokens will earn up to 20% APY. Fund security is also guaranteed, as the project’s smart contract has already passed Coinsult’s audit checks. Each $DURAG token is priced at just $0.0009. Consequently, many crypto traders have jumped into the presale, knowing this could be the most promising crypto. With a total Supply of 2,000,000,000 $DURAG tokens, traders can’t wait to invest in it. Conclusion With many crypto experts showing interest in DuragDoge ($DURAG), analysts predict the meme coin will follow the same trajectory as other successful altcoins in the market. They believe that DuragDoge has what it takes to be a big player in the meme niche of the cryptocurrency market. So, why not join the DuragDoge presale and position yourself for potentially massive gains? Follow Durag Doge on X and Telegram for the latest news and updates. Visit Durag Doge Presale Finbold
Ethereum at a Crossroads: Will ETH Fall to $1,250?
The largest altcoin by market cap has been among the biggest underperformers during the late 2024/early 2025 bull run, which saw many assets, including BTC, chart fresh peaks. ETH’s most recent performance has been even more painful, as the asset dumped to its lowest level since November 2023 at under $1,800. The question raised now by analysts is whether ETH will continue losing ground and dump to $1,250. ETH at $1,250? Remember 2021? Back then, ETH was charting massive gains and its price soared toward $5,000. In fact, speculations emerged about a potential event called the ‘flippening,’ in which Ethereum could surpass Bitcoin and become the world’s largest cryptocurrency. Fast-forward some three and a half years later and that seems as distant from reality as fiat money becoming disinflationary. ETH bottomed below $1,000 during the 2022 bear market but went on the offensive again two years later. It failed to decisively overcome the $4,000 target despite its numerous attempts to conquer it in 2024. The latest rejection came in mid-December. Since then, ETH’s price has nosedived hard, which culminated (for now) earlier this week with a drop below $1,800. As such, Ethereum not only erased all the gains registered after Trump’s presidential election victory but even plunged to its lowest levels since November 2023. According to Ali Martinez, a crypto analyst with over 130,000 followers on X, the asset’s price drop meant that it had broken out of a years-long parallel channel, which could spell further trouble. In fact, he forecasted a slump to $1,250 – a level not seen in over two years. #Ethereum $ETH targets $1,250 after breaking out from this parallel channel! pic.twitter.com/XS3N9p8Unr — Ali (@ali_charts) March 14, 2025 But ETH Whales Keep Buying CryptoPotato has repeatedly reported in recent weeks Ethereum whales’ predominantly bullish behavior. Recall that within a 48-hour period alone, they accumulated 1.1 million ETH, which is nearly 1% of the total supply. At the prices back then, it was worth over $2 billion in USD . Martinez brought another chart showing that these large entities acquired more than 420,000 ETH in the following five days, valued at $800 million at today’s prices. Such massive accumulations should benefit the underlying asset as they decrease the immediate selling pressure. However, ETH’s price is yet to stage a notable recovery as it still sits below $2,000. Whales have bought more than 420,000 #Ethereum $ETH in the last five days! pic.twitter.com/ZFF57gbq0e — Ali (@ali_charts) March 14, 2025 The post Ethereum at a Crossroads: Will ETH Fall to $1,250? appeared first on CryptoPotato . Finbold
