Solana crosses the important resistance level at $150 as meme coins in its ecosystem jump. Also, the stablecoin market cap reached a record high.

Solana price eyes $200 as meme coins, stablecoins market cap soars

Polygon is gaining renewed attention in the crypto market following a bullish 
breakout from a broadening wedge pattern, an encouraging technical formation 
that often precedes strong upward moves. After weeks of consolidation and 
choppy price action, POL has decisively moved above the pattern’s resistance 
line, breathing life back into its short-term outlook. The current momentum 
suggests that bulls may have their eyes set on the next key target at $0.31. 
With improving sentiment and technical indicators flashing bullish signals, 
POL appears poised to extend its recovery if buyers can sustain the pressure. 
From Consolidation To Acceleration: Polygon Phase Shifts In a recent tweet, 
Whales_Crypto_Trading highlighted a significant technical move on POL&#8217;s chart. 
Polygon is currently breaking above the upper boundary of a broadening wedge 
on the daily timeframe, which is usually a bullish signal that points to 
rising volatility and potential trend reversal. This pattern, widely watched 
by technical traders, suggests that POL may be gearing up for a sustained 
upside push. Related Reading: Nearly All POL Holders At A Loss—What Does It 
Mean For The Market? The analyst further noted that if momentum continues to 
build, POL could see a notable move toward the $0.52 mark. This level 
represents a midterm projection based on the size of the breakout from the 
wedge formation. A 2x gain from current levels would attract bullish attention 
and position POL back in line with previous consolidation zones. With the 
breakout accompanied by improving sentiment and growing volume, Polygon 
appears to be setting the stage for a stronger rally. Presently, speculations 
are whether bulls can maintain the price above the breakout level and continue 
defending short-term support. If that happens, POL’s next chapter could be 
defined by renewed momentum and wider investor interest. Measured Moves And 
Extended Targets While $0.31 stands as the immediate upside target following 
the breakout, the broadening wedge pattern hints that the Polygon rally may 
not stop there. Breakouts from such structures often extend beyond initial 
resistance zones, especially when supported by strong volume and positive 
momentum indicators. Related Reading: Polygon Q4 Digest: Agglayer Testnet 
Launch Drives 30% Spike In POL Market Cap If bullish pressure remains steady, 
the next areas to watch would be near $0.44 and $0.52, both of which align 
with previous reaction points and Fibonacci extensions. These levels could act 
as zones where short-term traders might take profits, but they also offer 
opportunities for the trend to build new higher highs. Despite the upward 
momentum surrounding POL’s breakout, risks still linger beneath the surface. 
One major concern is the possibility of a false breakout if the price fails to 
hold above the $0.31 mark, attracting strong selling pressure and trapping 
late buyers. This would invalidate the breakout and may trigger a swift 
pullback toward lower support levels. Featured image from Adobe Stock, chart 
from Tradingview.com

Polygon Eyes 2x Upsurge From Broadening Wedge Pattern

Crypto custody is poised for a groundbreaking transformation as SEC leaders 
push for smarter rules, stronger protections, and innovation-driven frameworks 
to redefine digital asset security for the future. SEC Roundtable Sparks 
Urgent Calls for Crypto Custody Reform U.S. Securities and Exchange Commission 
(SEC) Commissioners Mark T. Uyeda, Caroline A. Crenshaw, and Hester M. Peirce, 
joined […]

SEC Commissioners Urge Urgent Overhaul of Crypto Custody Regulations

Ark Invest is setting the stage for a historic bitcoin surge, projecting BTC’s 
2030 price targets soaring as high as $1.5 million, fueled by unstoppable 
institutional momentum. Ark Invest Outlines Explosive Bitcoin Forecasts Ark 
Investment Management (Ark Invest) explained its bitcoin forecasts in an 
article published April 23, based on its Big Ideas 2025 report. […]

Ark Invest Explains $1.5M Bitcoin Forecast Fueled by Institutional Surge

Ethereum, the second-largest cryptocurrency, has increased by 12.3% over the 
past seven days. Interestingly, Ethereum has held its ground firmly, supported 
by a clean uptrend that began after the sharp recovery from $1,550 that kicked 
off on Tuesday. Related Reading: Ethereum To Hit $5k Before Its 10th Birthday, 
Justin Sun Says As it stands, the Ethereum price is at an important technical 
phase after retesting the $1,799 resistance level and pulling back into its 
final intraday support zone. A fresh push above $1,800 could open the door to 
$1,840 and beyond, whereas deeper retracements would test three important 
zones. Ethereum Turns Resistance Levels Into Support Ethereum&#8217;s recent rally 
has seen it break past three notable resistance levels that have rejected its 
price action for most of April. Interestingly, these resistance levels are 
located at $1,590, $1,654, and $1,703, as indicated by a technical analysis of 
Ethereum&#8217;s price action on the hourly candlestick timeframe chart on the 
TradingView platform. Following these breakouts, Ethereum continued to push 
upward with momentum until it encountered a tougher ceiling near the $1,800 
mark. After briefly tapping into this zone, the price experienced a minor 
rejection, retracing back towards $1,730 before finding support and beginning 
another gradual climb. As it stands, the resistance at $1,800 is the next 
level to beat in the hopes of a close above $2,000 before the end of April. 
Nonetheless, even if Ethereum does not reach this level, a bullish sentiment 
will still be in place if it manages to hold above the broken resistances, 
which have now turned to support on the H1 timeframe. Ethereum Could Still Be 
Bullish Unless $1,654 Breaks Ethereum’s outlook remains bullish as long as the 
newly reclaimed levels at $1,590, $1,654, and $1,703 continue to act as 
reliable support zones. The first zone, positioned at $1,703, represents a 
short-term hourly support level. This area may attract early entries, but it 
is high-risk and prone to breaking easily. Beneath that lies the more 
structurally significant support at $1,654, which is also evident on the 
4-hour chart. This level is a medium-risk zone, characterized by a cleaner and 
sound area of demand. It has a higher probability of initiating a bounce if 
tested, and its preservation is important in maintaining a short-term bullish 
bias for Ethereum. The strongest support level is at $1,590 and is somewhat 
low-risk for reentry. It has the most favorable risk-to-reward ratio, where 
smart money traders are likely to accumulate. Related Reading: Ethereum 
‘Heating Up’ – Address Activity Jumps Nearly 10% In 2 Days As long as Ethereum 
stays above $1,703, the current uptrend remains valid. The bullish bias 
remains intact unless there’s a confirmed break below $1,654. A drop below the 
$1,654 support would shift the short-term outlook to neutral or bearish. On 
the other hand, a successful close above $1,800 could cascade toward the next 
target around $1,840 or even higher. Featured image from Unsplash, chart from 
TradingView

Ethereum Price Reaches Last H1 Support, Next Major Resistance Comes Into View

Following the movement of approximately 1,200 BTC from 12 long-dormant bitcoin 
wallets from 2015 on Friday, the same entity transferred an additional 500 
idle BTC valued at $47.4 million on Saturday. 2015 Crypto Whale Shifts 500 
Bitcoin A large whale has relocated a substantial trove of bitcoins acquired 
on Nov. 10, 2015, when BTC was […]