- \n
- SOL reclaims $200 for the first time since February today.<\/li>\n
- XMR targets further gains after rebounding from a vital support barrier at $313.<\/li>\n
- Crypto market cools after recent rallies, but bullish structures remain intact.<\/li>\n<\/ul>\n
Digital coins displayed mixed performances on Tuesday amid bull exhaustion and profit-taking after the latest remarkable rallies.<\/p>\n
Ethereum has corrected from yesterday\u2019s peak of $3,854 to $3,640 at press time, while Bitcoin remained range-bound at $118,000.<\/p>\n
However, Solana and Monero stole the spotlight among large-cap tokens with notable price movements on their charts.<\/p>\n
SOL hit multi-month highs today after soaring past the vital $200, whereas XMR exhibits a bullish outlook after bouncing back from a reliable support zone at $313.<\/p>\n
Solana leads today\u2019s rally<\/h2>\n
SOL emerged as the best-performing token among the top ten cryptocurrencies by value.<\/p>\n
The alt has rallied from last week\u2019s low of $158 to an intraday high of $204 today, exploring regions not touched since early February 2025.<\/p>\n
![\"\"](\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/07\/SOL-Price-chart.jpg\")
<\/p>\nWith network maturity and demand fueling SOL\u2019s comeback, the digital asset seems set for extended rallies in the near term.<\/p>\n
Its total value locked has increased to February levels above $11 billion, while institutions add momentum through Solana strategic reserves and ETF applications.<\/p>\n
SOL eyes more uptrends following the latest breakout, with technical indicators setting $300 as the key target<\/a>.<\/p>\n
That would translate to about a 50% surge from its current market price.<\/p>\n
Nevertheless, the $190 \u2013 $200 range remains vital for SOL\u2019s short-term trajectory.<\/p>\n
Intensified profit-booking in this region could delay the projected short-term rally.<\/p>\n
Enthusiasts should watch for potential dips to $189 before a decisive closing above $200.<\/p>\n
However, prevailing sentiments suggest fewer obstacles in Solana\u2019s upward path.<\/p>\n
Monero holds a key support zone<\/h2>\n
The top privacy token seems prepared for the next leg up despite its weakening momentum.<\/p>\n
XMR\u2019s current price of $325 places it well above the crucial support of $313.<\/p>\n
![\"\"](\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/07\/Monero-price-chart.jpg\")
<\/p>\nThis foothold is reinforced by multiple technical indicators, including POC (point of control) and 0.618 FIB retracement.<\/p>\n
That makes $313 a vital reversal region. Monero\u2019s bullish structure remains intact if buyers hold this zone.<\/p>\n
That could clear the path to the target at $344.<\/p>\n
Overcoming this resistance could trigger significant surges if broad market conditions remain favourable.<\/p>\n
Crypto market overview<\/h2>\n
The cryptocurrency space has taken a breather after the latest surges.<\/p>\n
The largest assets, Bitcoin and Ethereum, have seen slight dips in the past 24 hours.<\/p>\n
However, the market demonstrates stability, indicating a consolidation phase and not a correction one.<\/p>\n
Michael van de Poppe highlighted that Bitcoin has collected liquidity with its recent price actions.<\/p>\n
However, it remains in a constricted range, awaiting \u201cthe actual volatility\u201d that could catalyse sharp gains.<\/p>\n
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Constant liquidity has been taken on #Bitcoin<\/a> in recent price action.<\/p>\n
Still stuck in a narrow range, which means that the actual volatility is yet to come.<\/p>\n
Trend is up, clearly, which means that you’ll need to buy the dip if it comes. pic.twitter.com\/zpVGjEEgS1<\/a><\/p>\n
\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) July 22, 2025<\/a><\/p>\n<\/blockquote>\n
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