Analyst Predicts XRP and BNB Bull Run in Next 30 Days, While This Crypto’s Bull Run Already Began
The post Analyst Predicts XRP and BNB Bull Run in Next 30 Days, While This Crypto’s Bull Run Already Began appeared on BitcoinEthereumNews.com.
Ripple XRP and Binance Coin (BNB) traded at vital support zones on Sep. 6. Analysts predict these altcoins could enter a bull run mode soon if they manage to hold and consolidate above their 50-day weekly EMAs. As XRP and BNB holders hold their breath, first movers are already enjoying huge returns in the early action of Rollblock’s (RBLK), a new altcoin presale in iGaming. RBLK’s price surged 150%, delivering a 2.5x return to investors. Analysts forecast this new altcoin could soar 880% during the ICO followed by a possible 100x explosion upon launch in a bull run. Ripple XRP braces for a bull run Ripple XRP price has been on the fly since July 5. It shot from its July lows to above $0.6, but a slight sell-off sent it tumbling to $0.53 by Sep. 4. XRP quickly recovered to $0.56 before a slight retreat to $0.54. An announcement of plans to boost XRP Ledger programmability and a possible near-term launch of RLUSD sparked the move. XRP was up over 6% monthly, holding strong above the 50-day weekly EMA. That has seen analysts predict a potential XRP bull run if it manages to consolidate above the EMA in the next 30 days. XRP holders are also stockpiling the new altcoin in iGaming for outsized profits. Binance Coin (BNB) revisits the $400 weekly zone BNB dipped to $495 on Sep. 4. Anytime BNB enters this zone, it rotates back up sharply with long-wick candles, signifying a heavy buying presence. It’s a weekly demand zone where BNB tried to bounce from unsuccessfully in July and August. Investors waited to pounce, pushing BNB price above $500 by Sep. 6. If BNB consolidates above the 50-day weekly EMA, it could form a triple bottom at the zone, a killer bullish signal for investors.…
Filed under: News - @ September 10, 2024 2:55 am