Monat: Juli 2025

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Ether eyes $3,400 as bulls push price above $3k

Key takeaways

  • Ether is up 3% in the last 24 hours and now trades above $3k.
  • The coin could rally towards $3,400 soon amid bullish sentiments.

Ether tops $3k as BTC hits a new all-time high

The cryptocurrency market is having an excellent start to the week, with Bitcoin and other major cryptos in the green. Bitcoin, the leading cryptocurrency by market cap, hit a new all-time high of $123k earlier today after adding more than 4% to its value in the last 24 hours.

It has slightly retraced to the $121k region, but analysts expect it to resume its upward movement soon. 

Ether, the leading altcoin and second-largest cryptocurrency by market cap, is not left out of this rally. Ether added more than 3% to its value in the last 24 hours and is now approaching the $3,100 mark.

This rally comes amid growing institutional demand for Ethereum products. Data obtained from Coinglass revealed that spot Ethereum ETFs recorded a $1.4 billion volume over the last 24 hours. Thanks to the growing volume, Ethereum ETFs now have over $12 billion in assets under management, led by BlackRock’s iShares Ethereum Trust ETF. 

ETH targets $3,400 as bulls look to push price higher

The ETH/USD 4-hour chart is bullish and efficient, suggesting that Ether could rally higher in the near term. Ether inches closer to the 61.8% Fibonacci retracement level at $3,067 drawn from the December 16 high of $4,107 to the April 9 low of $1,385. 

A daily close above this level could see ETH rally towards the 78.6% Fibonacci level at 3,525. Furthermore, its 50-day Exponential Moving Average (EMA)  crossing above the 200-day EMA suggests a golden crossover, generally considered to be a buy signal.

ETH/USD 4H chart

The RSI of 73 and the MACD lines within the positive zone serve as added bullish confluences. If the rally continues, ETH could cross the first major resistance level at $3,438 over the next few hours or days. An extended bullish performance would allow ETH to hit $3,755 for the first time since January 5th.

However, if Ether fails to hold above $3k, it could retest the 50% Fibonnaci level at $2,751.

The post Ether eyes $3,400 as bulls push price above $3k appeared first on CoinJournal.

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HBAR targets $0.32 after blasting through the $0.24 resistance level

Key takeaways

  • Hedera’s HBAR is the third-best performer among the top 20 cryptocurrencies by market cap.
  • The coin is targeting the $0.32 resistance level after overcoming $0.24 a few hours ago.

HBAR rallies as BTC sets a new all-time high

The cryptocurrency market is having a positive start to the week thanks to rallies by Bitcoin, Ether, XRP, HBAR, and other major coins and tokens. The rally comes after last week’s excellent performance and could extend further as investors prepare for a crucial week in the United States.

Bitcoin has set a new all-time high of $122,800 a few minutes ago after adding 4% to its value in the last 24 hours. Ether and XRP, the two leading altcoins, are also trading in the green.

HBAR, the native coin of the Hedera blockchain, is up 10% in the last 24 hours, making it the third-best performer among the top 20 cryptocurrencies by market cap. The coin has now surpassed the $0.24 resistance level and could rally higher soon.

HBAR targets $0.32 as bulls look to extend rally

The HBAR/USD 4-hour chart is bullish but inefficient, suggesting that the pair could sweep liquidity to the downside before embarking on any upward rally. The technical indicators are bullish, suggesting a further rally in the near to medium term.

The Relative Strength Index (RSI) of 74 shows that HBAR is heading into the overbought region if the positive momentum holds. Furthermore, the MACD lines are within the positive zone, indicating a bullish bias.

HBAR/USD 4H chart

If the bulls remain in control, HBAR could rally towards the first major resistance level at $0.28452, last tested on March 2nd. In the event of an extended rally, HBAR could retest the $0.32281 level for the first time since January. 

However, if the bulls fail to leverage this momentum, HBAR could retest the ILQ level at $0.22556 in the coming hours or days. An extended bearish condition would see HBAR drop to the TLQ level at $0.19152.

The post HBAR targets $0.32 after blasting through the $0.24 resistance level appeared first on CoinJournal.

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Stellar (XLM) targets 30% jump as Bitcoin surges past $122.5K on ‘crypto week’

  • Bitcoin crosses the $122,500 milestone on Monday, bolstering overall market sentiments.
  • Optimism emerges as US lawmakers prepare for crucial crypto votes this week.
  • XLM targets continued uptrends to $0.681 resistance.

Bitcoin opened the week on a bullish leg as US regulatory developments propelled prices to historic highs of $122,540 on Monday.

BTC’s rally to new all-time highs has reignited enthusiasm in the cryptocurrency market, and Stellar’s native token appears ready to lead altcoin breakouts.

XLM has breached crucial resistances with soaring volumes, signaling extended gains in the short term.

The current broad-based rallies support the altcoin’s bullish trajectory.

Analyst Javon Marks trusts XLM might surge to the next obstacle at $0.681.

That would mean a 29.94% upswing from Stellar’s current market price of $0.4771.

Legislative moves propel BTC to ATHs

Bitcoin surpassed the $120,000 milestone for the first time today as investors braced for the long-awaited regulatory modifications in the US.

Notably, the United States House prepares to vote on three key crypto-related bills this week.

First and foremost, they will debate the GENIUS Act, which focuses on regulating stablecoins such as USDT and USDC.

It will head to Donald Trump if passed. The US president has vowed to support crypto growth in the United States.

Also, the House will vote for the CLARITY Act.

It aims to monitor crypto market structures.

Nate Geraci's X Post
Source: Nate Geraci’s X Post

Finally, the Anti-CBDC Surveillance State Act proposes prohibiting the Fed from issuing a central bank digital currency.

Besides the political theatrics, these legislative moves will reshape the cryptocurrency regulatory tone.

The possibilities of friendlier policies due to the current pro-crypto government ignited optimism in the digital assets sector.

XLM breaks out after consolidation

Stellar’s native token capitalized on the broad-based bull rally to overcome a key resistance at $0.47.

The move has grabbed analysts’ attention, with one expecting continued XLM surges to the obstacle at $0.681.

Policy tailwinds, price charts, and Bitcoin’s outlook support XLM’s 30% potential upswing in the near term.

Can XLM surge 30%

Javon Marks’ Stellar chart resembles Rose Signals, both pointing to extended surges.

Their chart shows the current breakout materialized after multiple higher lows on XLM’s weekly chart.

That indicates increased accumulation, which is crucial for stable uptrends.

The chart suggests possible surges to $0.6719.

A Crypto Chart

All eyes are watching D.C.

Cryptocurrencies appear poised for continued rallies with massive legislative developments in the United States.

The momentum will spike further if the House passes any or all bills this week.

For instance, passing the crypto structure or stablecoins frameworks might see investors rotating more capital into crypto.

That would mean massive gains for Bitcoin and altcoins, including XLM.

However, digital assets are never without risks. Sudden Bitcoin corrections or bills’ rejection could mean substantial selling pressure.

Losing the $0.47 barrier will delay XLM’s potential rally.

The post Stellar (XLM) targets 30% jump as Bitcoin surges past $122.5K on ‘crypto week’ appeared first on CoinJournal.