$SHIB is going bullish at the moment a possibility of pull b | Syed Omer Hussain on Binance Square

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Syed Omer Hussain

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$SHIB is going bullish at the moment a possibility of pull back is certain if BTC revert to downward, enter the market for long with a sophisticated stop loss 

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SHIB

0.0000225

-3.18%

BTC

98,967.91

+0.91%

770

0

Replies 2

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#BinanceAlphaAlert BNBUSD Patience! One more month of consolidation before $2350 Binance Coin (BNBUSD) has been in Accumulation Mode since early March (March 11 1W candle), trading sideways within initially the Mayer Multiple Bands (MMB) Mean (black trend-line) and the 1st SD above (grey trend-line) and since July within the 1st SD above and the 1W MA50 (blue trend-line). With regards to the 1W MA50 in particular, not only has it been the support since the late December 2023 bullish break-out but was successfully tested and held on the most recent pull-back, the August 05 Low. This solidifies its position as the Support throughout the remainder of the Bull Cycle, which was in fact also the case during the previous Cycle where BNB had the final accumulation phase (blue ellipse) from September to December 2020, again within the same MMB - 1W MA50 zone, which initiated the most aggressive part of the Cycle (parabolic rally). Check also how similar their RSI sequences are. That rally peaked on the MM 3rd SD above (red trend-line) so a $2350 price tag, which will 'only' come close to the 2nd SD (orange trend-line), appears to be a realistic Target. So in conclusion, BNB investors need to have 1 more month of patience before they see a real rally, as it was on the week of February 01 2021 that BNB's Parabolic Rally started. As a side-note, check how the Sine Waves serve as an excellent tool in roughly estimating the timing of the Cycle's peak, as it was very efficient during the previous two Cycles. That could be anywhere around June - July 2025.

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#BinanceAlphaAlert XRP current market analysis and ideas of pullback or pull-down XRP Price Battles Key Hurdles: Can Bulls Prevail? Key data points Volume ‪30.54 M‬ XRP Previous close 2.3238 USDT Open 2.3238 USDT Day's range 2.2825 — 2.3239USDT XRP price corrected some losses and climbed above the $2.25 zone. The price is now struggling to clear the $2.350 resistance zone. XRP price is attempting a fresh increase above the $2.250 resistance zone. The price is now trading above $2.25 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.285 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a decent increase if it clears the $2.350 resistance. XRP Price Faces Hurdles XRP price started a fresh increase above the $2.20 support level, like Bitcoin and Ethereum. There was a decent increase above the $2.25 and $2.30 levels. The price even tested the $2.35 level before the bears appeared. A high was formed at $2.348 and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the upward move from the $2.130 swing low to the $2.348 high. The price is now trading above $2.25 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2.285 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.32 level. The first major resistance is near the $2.35 level. The next resistance is $2.40. A clear move above the $2.40 resistance might send the price toward the $2.50 resistance.

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$SUI current market analysis #MarketRebound SUI Shows Strong Bullish Comeback: Breakout Above $4.98 In Sight Key data points Volume ‪25.87 M‬ SUI Previous close 4.6020 USDT Open 4.6019 USDT Day's range 4.5378 — 4.6416USDT SUI has shown a remarkable bullish comeback, overcoming earlier setbacks with impressive strength. The cryptocurrency has steadily gained ground, attracting attention. As the price approaches the critical $4.98 resistance, the potential for a breakout looms. A successful move above this level could trigger a new phase of bullish momentum, setting the stage for the token to achieve new highs. Specifically, the $4.98 has been a key barrier in recent trading, and breaking through it would be a significant achievement for SUI. With strong market sentiment building, a breakthrough may inspire more buying pressure, pushing the price even higher. As the asset moves close to this crucial level, the possibility of new record highs becomes increasingly likely, making SUI one of the critical cryptocurrencies to watch in the coming days. SUI Bulls Take Charge Toward $4.98 Threshold SUI is currently demonstrating impressive bullish momentum as its price steadily climbs toward the critical $4.98 resistance level. This price action signals a strong comeback for the token, with bulls steadily regaining control after previous bearish pressure. The $4.98 threshold has emerged as a key point of interest since it represents a potential breakout zone that could drive the price higher toward new highs. A successful breach above the $4.98 level would confirm the continuation of the positive trend and attract additional buying interest. This could lead to a shift in market sentiment, with buyers asserting dominance and possibly pushing the price toward the next resistance levels. A Break Above $4.98 Could Signal More Upside SUI’s price has successfully risen above the 100-day Simple Moving Average (SMA), a significant technical milestone that signals a shift in market sentiment.

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