Trending Coins for January 19, 2025: SOL, TRUMP, ANDY, ETH, and JUP

Several prominent tokens have gained traction, making them the most trending cryptocurrencies of the week. Coins such as Solana, Ethereum, and Jupiter are notable additions to this week’s list. Interestingly, all the trending coins from last week have been replaced, signaling a dynamic shift in the market as we progress into the post-Bitcoin halving period.

Solana (SOL)

Major Bias: Bullish

It’s no surprise that Solana has made it to the top of this week’s list of trending coins. The token recently started gaining significant bullish momentum. As of this writing, the token’s price has increased by 12.65% in the past 24 hours and by 35.49% over the past seven days. Its market cap has grown to $123.47 billion, with a trading volume of $23.98 billion.

The last price candle on the chart shows a minor retracement during the ongoing session. However, price action remains above all the Moving Average (MA) lines. The Stochastic Relative Strength Index (RSI) lines remain in the overbought region, with a slight convergence yet retaining an upward bias. These indications suggest that the market may soon break the $270 resistance level.

Current Price: $254.34

Market Capitalization: $123.65B

Trading Volume: $23.95B

7-Day Gain/Loss: 35.39%

OFFICIAL TRUMP (TRUMP)

Major Bias: Bullish

The OFFICIAL TRUMP token secures the second spot on this week’s trending coin list. This token has shown remarkable performance, with a price surge of 340.42% in the past 24 hours. Its market cap has grown to $5.71 billion, and its trading volume stands at $11.19 billion.

The chart shows that the token gained massive traction within just 24 hours. The previous session featured a strong bullish candle, and the ongoing session continues to show bullish momentum, keeping the price far above all MA lines. Additionally, the Stochastic RSI lines have an upward trajectory and are not overextended, signaling the possibility of further upward movement toward the $32 price level.

Current Price: $29.56

Market Capitalization: $5.71B

Trading Volume: $11.19B

7-Day Gain/Loss: 340.42%

Andy BSC (ANDY)

Major Bias: Bearish

Andy BSC holds the third spot on this week’s list of trending cryptocurrencies. However, despite its presence, its price performance has been underwhelming. The token has only increased by 6.69% in the past 24 hours and has declined by 35.24% over the past seven days. Its market cap is $47.70 million, with a trading volume of $5.38 million.

The chart shows that the token’s price has hovered around the 20-day MA line, but the ongoing session features a red candle. Meanwhile, the Stochastic RSI lines are in the overbought region and have formed a bearish crossover, now heading downward toward the 80 level. This suggests the possibility of the token’s price falling below the 20-day MA and trading under the $0.001000 mark.

Current Price: $0.001043

Market Capitalization: $47.70M

Trading Volume: $5.38M

7-Day Gain/Loss: 6.69%

Ethereum (ETH)

Major Bias: Bullish

Ethereum ranks fourth on this week’s list of trending coins. As one of the most prominent cryptocurrencies, it has seen increased interest recently. Over the past 24 hours, its price has declined by 2.46%, while it has gained 2.09% over the past seven days. Its market cap is $403.49 billion, with a trading volume of $34.28 billion.

On the chart, Ethereum has found support above the 50% Fibonacci retracement level at $3,124.45 and is trading between the MA lines. The ongoing session is bullish, suggesting upward momentum. Furthermore, the Stochastic RSI lines are converging but maintain an upward trajectory above the 50 mark. These signs indicate that the token’s price may soon exceed the $3,500 resistance level.

Current Price: $3,337.94

Market Capitalization: $403.49B

Trading Volume: $34.26B

7-Day Gain/Loss: 2.09%

Jupiter (JUP)

Major Bias: Bullish

Jupiter is the fifth trending cryptocurrency this week. The token has experienced significant upward movement, with a 26.68% increase in the past 24 hours and a 32.11% gain over the past seven days. As of press time, its market cap is $1.45 billion, with a trading volume of $1.28 billion.

The price chart indicates that Jupiter’s price has retraced slightly below the $1.200 mark. However, it remains above all the MA lines, signaling a strong bullish sentiment. Additionally, the Stochastic RSI lines continue rising into the overbought region, suggesting the potential for the token to break past the $1.200 level and approach $1.500 soon.

Current Price: $1.08

Market Capitalization: $1.45B

Trading Volume: $1.28B

7-Day Gain/Loss: 32.11%

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