Stellar's 15min chart sees Bollinger Bands expanding upward and downward.

Tuesday, Jul 22, 2025 3:14 pm ET2min read

According to Stellar's 15-minute chart, a notable technical indicator, the Bollinger Bands Expanding Upward and Bollinger Bands Expanding Downward, was triggered on July 22, 2025, at 15:00. This technical signal suggests that the current market trend is being primarily driven by buying activity, while simultaneously indicating that there is also a downward trend driven by selling pressure.

Cryptocurrency markets experienced a week of mixed signals and unprecedented institutional inflows, with Bitcoin (BTC) and Ethereum (ETH) ETFs drawing significant attention. On July 22, 2025, Bitcoin briefly touched $123,000, while Ethereum ETFs attracted $2.18 billion in a week, according to FX Leaders [1].

Bitcoin's market share decreased from 64% to 60%, as investors shifted focus to altcoins. Ethereum's market share increased from 9.7% to 11.6%, driven by robust institutional inflows. Meanwhile, Solana (SOL) saw technical patterns suggesting potential for significant price gains, with predictions of reaching up to $6,300 if it breaks key resistance levels [1].

The NFT market rebounded significantly, rising 21% to nearly $6.34 billion, driven by renewed interest in popular collections like CryptoPunks and Pudgy Penguins [1]. This week also saw record inflows into crypto exchange-traded products (ETPs), with global crypto ETPs gaining $4.4 billion in weekly inflows, making it the 14th week in a row that they have gained [1].

Bitcoin's price behavior was complicated, hitting a new all-time high above $123,000 but settling around $120,000 by the end of the week. Some analysts are cautious about how long the current bull run will last, noting "big bear divergences on RSI/MACD and fairly concerning low volume at all-time highs" [1].

Ethereum had the best week ever for spot Ethereum ETFs, with $2.18 billion in weekly inflows, breaking the previous record. This brought the total for 2025 to $6.2 billion, more than the total for 2024. Ethereum's price rose beyond $3,500 for the first time since early January, up more than 20% in a week [1].

Solana (SOL) has caught the attention of traders due to its remarkable technical setup. It has risen 34% in the previous 30 days to reach a five-month high of $193. Several analysts predict that Solana's price might break out and reach targets as high as $6,300 if it breaks above the neckline resistance at $250 [1].

On July 22, 2025, at 15:00, Stellar's 15-minute chart showed Bollinger Bands expanding upward and downward, indicating buying activity and selling pressure simultaneously [2]. This mixed signal suggests that while the market trend is primarily driven by buying, there is also significant selling pressure.

The Trump crypto coin (TRUMP) underperformed other top Solana meme coins, trading at $10.10 on Thursday. A likely reason for this price action is the expected sharp increase in its circulating supply on Friday, which could add over $100 million to Donald Trump's net worth [2].

In summary, cryptocurrency markets saw mixed signals and record inflows this week, with Bitcoin and Ethereum ETFs drawing significant attention. While Bitcoin's price behavior was complicated, Ethereum and Solana saw strong price movements and technical setups. The mixed signals from Stellar's 15-minute chart suggest that the market trend is driven by both buying and selling pressure.

References:
[1] https://www.fxleaders.com/news/2025/07/22/daily-crypto-signals-bitcoin-nears-new-highs-ethereum-surges-on-record-inflows-and-solana-eyes-parabolic-rally/
[2] https://crypto.news/trump-crypto-coin-analysis-bollinger-bands-point-to-a-squeeze-ahead-of-unlock/

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