2025-12-10 Wednesday

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Solana Faces a Decline but Hovers above $120

Solana Faces a Decline but Hovers above $120

The post Solana Faces a Decline but Hovers above $120 appeared on BitcoinEthereumNews.com. // Price Reading time: 2 min Published: Dec 09, 2025 at 14:40 Updated: Dec 09, 2025 at 15:50 Solana (SOL) has continued to decline following a false breakout above the 21-day SMA. Solana price long-term prediction: bearish On December 2, SOL price surpassed the 21-day SMA, reaching a high of $146. However, the bullish momentum failed to break through the 50-day SMA. A close above the 50-day SMA would indicate that the bullish trend has resumed. The bullish momentum was halted around the $146 high, and the price has since fallen below the 21-day SMA support. Solana is currently trading at a low of $136 after this rejection. If the bearish momentum continues, the altcoin could fall to a low of $110. Technical indicators   Key supply zones: $220, $240, $260 Key demand zones: $140, $120, $100 Solana price indicator analysis The price bars have dropped below the downward-sloping moving average lines. Buyers were unable to sustain bullish momentum above the 21-day SMA, resulting in a decline. On the 4-hour chart, the price bars are below the horizontal moving average lines, indicating a downtrend. What is the next move for Solana? Solana price has remained above the $120 level as the bearish trend weakens. On December 5, the altcoin rose above $130 before consolidating above this level. Buyers aim to push the price above the moving average lines. However, if the bears break below the $120 support level, selling pressure is likely to return. Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to…
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BitcoinEthereumNews2025/12/10 00:31
Pi Network Price Could Surge to 15%, But Watch Out for This

Pi Network Price Could Surge to 15%, But Watch Out for This

The post Pi Network Price Could Surge to 15%, But Watch Out for This appeared on BitcoinEthereumNews.com. Pi Network price remained steady at $0.21 on Tuesday after a brief market consolidation. The price has dropped by 6% over the past week, erasing some of the previous month’s gains. However, Pi Network could see a potential surge of up to 15%.  Over the past day, the price has undergone a minor cooldown, which remains the bearish trend. PI has fallen as high as $0.28 down to the present level of $0.21. The overall crypto market was down 1.02% in the last 24 hours. Bitcoin and Ethereum are still above $90,000 and $3,000, respectively. The other large coins, such as Solana (SOL), Cardano (ADA), and XRP, also experienced minor declines. This notwithstanding, the market is still up following some days of recovery. Pi Network Announces KYC Validator Reward Schedule Pi Network has declared that the first KYC validator rewards will start being distributed at the end of Q1 2026. Millions of KYC verifications have already been analyzed through the platform to measure the data and enhance the rewards system. The verification process is quite fast and more accurate with the assistance of AI. Scoring and contribution history irregularities were detected, although most of the assessment work has been carried out. Even refinements have been done to have the right reward calculation. This is one of the major requirements before the next step of development. Consultations in the community show that approximately 190 million tokens are unlocked, and this may affect liquidity and general involvement in the network. Pi Network Price Eyes 15% Amid Bearish Trend At the time of writing, the price of Pi coin was hovering at $0.2155, reflecting a slight dip of 2%. The price has been fluctuating in a specific pattern with a strong support level of $0.20, and the resistance is at $0.25. The MACD…
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BitcoinEthereumNews2025/12/09 23:01
SOL Price Prediction: Targeting $145-150 Within 7 Days as Technical Momentum Builds

SOL Price Prediction: Targeting $145-150 Within 7 Days as Technical Momentum Builds

The post SOL Price Prediction: Targeting $145-150 Within 7 Days as Technical Momentum Builds appeared on BitcoinEthereumNews.com. Peter Zhang Dec 09, 2025 11:18 SOL price prediction points to $145-150 target by mid-December as MACD bullish divergence emerges despite recent 4.59% decline, with critical $127 support holding firm. SOL Price Prediction Summary • SOL short-term target (1 week): $145-150 (+9-13% upside potential) • Solana medium-term forecast (1 month): $140-170 range with bias toward upper end • Key level to break for bullish continuation: $146.91 (immediate resistance) • Critical support if bearish: $127.21 (analyst consensus support level) Recent Solana Price Predictions from Analysts The latest SOL price prediction consensus among major analysts shows remarkable alignment around the $130-140 range for immediate price action. Polymarket participants demonstrated strong conviction with a 75% probability assignment for SOL trading between $130-140 today, while InvestingHaven’s technical framework identified the same $135 midpoint as crucial support. This Solana forecast convergence is particularly significant because it comes from diverse analytical approaches – prediction markets, technical analysis, and AI modeling. Bitget’s algorithmic prediction of $135.73 by December 10th aligns closely with the broader analyst consensus, suggesting institutional and retail sentiment are synchronized. The most compelling aspect of these predictions is their conservative nature. Rather than projecting explosive moves, analysts are positioning for steady accumulation above $130, which historically precedes stronger rallies in SOL. SOL Technical Analysis: Setting Up for Bullish Breakout Despite SOL’s current 4.59% daily decline to $132.46, the technical infrastructure supports a bullish reversal thesis. The MACD histogram reading of 1.1753 signals emerging bullish momentum even as price consolidates, creating a classic divergence pattern that often precedes upward moves. The RSI at 41.92 provides optimal entry conditions – neither oversold nor showing distribution pressure. This neutral positioning allows for significant upside before reaching overbought levels around 70. More importantly, SOL’s position at 0.37 within the Bollinger…
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BitcoinEthereumNews2025/12/09 22:28
1 Week to Go: Key Date Announced for XRP Futures Traders

1 Week to Go: Key Date Announced for XRP Futures Traders

The post 1 Week to Go: Key Date Announced for XRP Futures Traders appeared on BitcoinEthereumNews.com. The world’s leading derivatives marketplace, CME Group, has announced a key date for XRP futures traders. On X social media, CME Group revealed a countdown to the launch of Spot-Quoted XRP futures, saying in a Dec. 8 tweet: “Just 7 days until Spot-Quoted XRP and SOL futures launch.” Spot-Quoted XRP futures are anticipated to launch on the CME Group platform on Dec. 15, pending regulatory review. In May 2025, XRP first launched on CME Group, with the addition of XRP and Micro XRP futures. The first trade took place on May 18 and was cleared by Hidden Road, and since then, CME Group has not looked back as XRP has quickly gained traction. XRP CME futures reached $1 billion in open interest in just three months, becoming the fastest contract to do so and signaling increasing institutional participation for XRP. In October, CME Group expanded support for XRP, adding options on its futures suite, allowing traders to trade options on XRP and Micro XRP futures, with daily, monthly and quarterly expiries available. The first trade for options on XRP futures took place on Oct. 12 and was executed between Wintermute and Superstate. In a recent tweet, CME Group reported that its November notional volume reached $250 billion in crypto futures and options; XRP suite accounted for $6.9 billion. XRP gains traction As reported, XRP ETFs have surpassed $1 billion in just over one month after launch. November saw a flurry of XRP ETF launches, including Canary Capital, Franklin Templeton, Bitwise and Grayscale. Amplify ETFs, which manages more than $16 billion in assets under management, also launched an XRP covered-call ETF, referred to as the first XRP-based option income ETF. Ripple CEO Brad Garlinghouse spotted the recent XRP ETF milestone in a tweet: “<4 weeks, and XRP is now the fastest…
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BitcoinEthereumNews2025/12/09 21:16
BONK proposed as official dYdX integration partner for revenue sharing

BONK proposed as official dYdX integration partner for revenue sharing

The post BONK proposed as official dYdX integration partner for revenue sharing appeared on BitcoinEthereumNews.com. The dYdX community is reviewing a new governance proposal to designate BONK, one of the largest retail ecosystems on Solana (SOL), as an official integration partner for the decentralized exchange’s revenue-sharing program. If approved, BONK will launch a dedicated trading frontend that routes orders directly to the dYdX Chain, allowing user activity to be tracked through the protocol’s order router revenue system. Under the proposal, BONK would receive 50% of the protocol’s share of trading fees generated through its integration. dYdX governance is considering a new proposal to approve @bonk_inu as an official dYdX integration partner under the Partner Revenue Share Program. The proposal outlines a dedicated BONK-powered frontend routing orders to the dYdX Chain, with 50% of the protocol’s fee revenue… pic.twitter.com/hPTAVPrQoS — dYdX Foundation (@dydxfoundation) December 8, 2025 Expanding dYdX’s presence within Solana The proposal highlights BONK’s large retail community on Solana and its ability to drive significant user activity across partner applications. By deploying a BONK-branded frontend powered by dYdX, the integration would introduce the exchange to a wide base of retail traders while increasing the protocol’s visibility across the Solana ecosystem. The initiative builds on the dYdX Q4 roadmap, which allows governance-approved partners to earn a share of protocol fees. The framework is designed to strengthen collaboration incentives, deepen liquidity, and promote community-driven growth. Community feedback on the proposal is now open, and if no major objections arise, BONK plans to submit the on-chain governance vote on December 11, 2025. Featured image via Shutterstock.  Source: https://finbold.com/bonk-proposed-as-official-dydx-integration-partner-for-revenue-sharing/
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BitcoinEthereumNews2025/12/09 18:00