Monat: Juli 2025

• A whale sold 1.96M FARTCOIN at $1.39 amid a volume surge.
• Cup & Handle pattern hints at a potential breakout.
• $1.30 support is key; drop below may signal $1.18 next.

FARTCOIN recently fell from a local high of $1.69 to a low of $1.29, prompting concern among holders.

In addition, the recent price action has sent mixed signals to traders, but a major technical pattern is now taking shape that could redefine its short-term trajectory.

While bearish sentiment has crept into the market following a high-profile whale exit, the bullish setup suggests that an explosive breakout may be on the horizon.

At press time, FARTCOIN was trading around $1.36, recovering slightly after the recent dip.

Huge whale movement triggers panic

Much of the recent sell pressure has been driven by a strategic move from a major FARTCOIN holder.

According to on-chain data, a whale withdrew 1.96 million tokens from Kraken and quickly swapped them for $2.72 million in USDC. The sale was executed at $1.39 per token, just below the recent local high.

A whale has withdrawn 1.96M $FARTCOIN from #Kraken and sold it for $2.72M $USDC at a price of $1.39.

Address: HL6s4Nr9hKG2Nz7RjpaJbhnRPgKSCrPRppTJyQm1C5zU pic.twitter.com/E0eGcTlLJ2

— Onchain Lens (@OnchainLens) July 24, 2025

This precise exit strategy suggests the whale was looking to capitalise on FARTCOIN’s recent surge while liquidity remained high.

Importantly, this whale exit coincided with a 7.6% spike in trading volume, which hit $429.5 million within 24 hours.

This sudden liquidity rush provided the ideal environment for a large sell-off without causing extreme slippage.

While some traders see this move as a bearish signal, others believe it may simply be a repositioning rather than a permanent exit.

Bullish futures sentiment defies spot market fear

Despite the whale-led sell-off, derivatives traders remain optimistic.

Data from Santiment shows FARTCOIN’s funding rate has held positive at 0.005%, indicating sustained demand for long positions.

Similarly, the Long/Short Ratio stands at a strong 2.41, with approximately 70% of futures traders betting on price increases.

This divergence between futures optimism and spot market anxiety presents a unique dynamic.

While large holders are exiting positions, retail and speculative traders appear confident that FARTCOIN’s price has more room to climb.

If the bulls are correct, the memecoin may be gearing up for a strong rebound — provided it maintains critical support at $1.30.

Cup & Handle formation sparks breakout hopes

The most compelling bullish signal right now is the emergence of a classic Cup & Handle pattern on FARTCOIN’s chart.

This pattern, often seen before major upward moves, is still forming but remains structurally intact and the price has already broken above the upper level of the handle.

No strong bearish invalidation has occurred so far, and eyes are on a clean breakout above the neckline at $1.55, which has acted as a strong resistance zone for months.

If bulls manage to hold the $1.30 level and push through the upper resistance, the handle portion of the pattern could complete swiftly.

This move could set the stage for a rally toward $1.90 or even $2.10, especially if backed by rising volume and improving sentiment.

However, a breakdown below $1.30 would invalidate the pattern and potentially send the token down to $1.18, a previously identified demand zone.

The post FARTCOIN price breakout imminent as critical technical setup forms appeared first on CoinJournal.

• Hedera (HBAR) rebounds following Robinhood listing after recent price correction.
• Key support levels hold as technical indicators remain favourable.
• Testnet upgrade boosts confidence in Hedera’s long-term potential.

After a significant plunge over the past week, the price of Hedera (HBAR), the native cryptocurrency of Hedera Hashgraph, has today turned bullish following its listing on Robinhood.

$HBAR is now available to trade on Robinhood. pic.twitter.com/5Lj3s7CKdn

— Robinhood (@RobinhoodApp) July 25, 2025

The listing has sparked renewed interest from traders and investors, with market sentiment appearing to shift positively after days of consolidation and downward pressure.

HBAR rebounds after a steep correction

Earlier this month, HBAR reached a local peak near $0.29 before pulling back sharply by nearly 20%, bottoming out around $0.233.

The correction raised concerns among traders, especially with several consecutive red candles forming on the daily chart.

Despite the pullback, HBAR has managed to hold above critical support levels, most notably around $0.233.

This support has been tested multiple times, and its strength suggests that bulls are still defending key zones.

Notably, HBAR has remained above its 50-day and 200-day Simple Moving Averages (SMAs), signalling a strong underlying structure that remains intact despite short-term volatility.

Today’s rebound comes as a welcome relief and is widely seen as a response to the Robinhood listing, which opens HBAR to a broader retail audience.

Market indicators suggest stability, not reversal

Technical indicators reveal a market that is cooling, but not collapsing. The Relative Strength Index (RSI), which had recently touched overbought territory, has now fallen back into a neutral range.

While this confirms waning upward momentum, it also suggests that the market is not yet oversold, leaving room for a potential continuation to the upside.

The Moving Average Convergence Divergence (MACD) indicator has also begun to show early signs of a bearish crossover.

However, analysts note that the divergence remains shallow, indicating that the recent correction could be more of a pause than a trend reversal.

These signs support the argument that HBAR’s medium-term bullish structure is still valid, especially as it trades above all major trendlines.

Hedera testnet upgrade boosts confidence

HBAR’s price bounce has coincided with other fundamental developments in the Hedera ecosystem.

On July 24, the Hedera network underwent a scheduled testnet upgrade to version 0.64. The upgrade, which was completed within 40 minutes, introduced improvements in performance and network stability.

Although the upgrade was on the testnet and not the mainnet, it demonstrated continued progress in Hedera’s technical roadmap, bolstering investor confidence.

The upgrade also underscores Hedera’s appeal to developers and enterprises.

With its unique hashgraph consensus mechanism, the network continues to distinguish itself from traditional blockchains by offering faster transaction speeds, better scalability, and enhanced efficiency.

These capabilities make it particularly attractive for real-world use cases, especially in enterprise and institutional settings.

Hedera price outlook: Can bulls hold the momentum?

As of press time, HBAR is trading near $0.248, reflecting a 2.9% gain in the past 24 hours.

While short-term volatility remains, the recent price movement suggests a potential recovery is underway. If the current bullish momentum holds, HBAR could revisit the $0.26 resistance level.

A clean break above that threshold may set the stage for another retest of the $0.30 region.

However, traders should be cautious, watching the $0.213 support level closely.

A breakdown below this key zone would mark a shift in short-term sentiment and potentially open the door to a deeper correction.

On the other hand, if bulls manage to maintain control above $0.22, the market may see renewed attempts to push higher in the coming weeks.

The post Hedera (HBAR) price bounces back after Robinhood listing appeared first on CoinJournal.