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Reading: BNB, SOL and XRP Coin New Price Targets and Current Outlook
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EdaFace Newsfeed > Latest News > Technical Analysis > BNB, SOL and XRP Coin New Price Targets and Current Outlook
Technical Analysis

BNB, SOL and XRP Coin New Price Targets and Current Outlook

vitalclick
Last updated: August 22, 2024 12:31 am
5 months ago
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Contents
BNB Coin PredictionsSolana (SOL) Price PredictionXRP Coin Comment

BTC price If it can close above $61,400, a new rise process may begin in altcoins. Due to the failure of previous attempts, the funding rate is not expected to turn positive on the Binance exchange immediately, and it did not. However, one of these attempts should result in an upward breakout.

BNB Coin Predictions

The increase in BTC price was accompanied by a daily close above 61,400 and the opening of Asian markets. future It may continue further with possible strong demand. However, it is too early to rejoice because it is uncertain how long investors who are used to making profit sales and buying at lower levels will extend the process. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!

BNB It started to rise on August 19 and closed above the downtrend line. Such movements in large-cap altcoins are encouraging for altcoins in general. On the other hand, if the rise continues, new attempts may come to $605 and $635. This means that the expected movement for a new ATH above $700 has begun.

Solana (SOL) Price Prediction

The ETF story ended early and a thesis was born that applications without BlackRock would end in disappointment. ETH ETF in the process of BlackRock This is why investors were encouraged to act early for confirmation. BlackRock had previously said in its assessments that they did not see strong demand for SOL or other altcoins and that they would not take action anytime soon.

EMA20 at $147 has not been recovered yet and the sell-off here is not unjustified. If the price continues to fall, it could fall to $136 and $116. Closes below $136 will be demoralizing for a bearish breakout.

On the contrary, if the price can recover from the current level, excitement could increase for $188 after $153 and $164. On the futures side, volume is still strong for SOL Coin and investors are trading the recent volatility.

XRP Coin Comment

At the time of writing, the price is above $0.6. The last rise XRP Coin did not care much about is calm. EMA20 is at $0.57 and XRP Coin As long as it holds here, there is no room for pessimism on the upside. RSI is supportive and the attempt at $0.64 may be successful.

Next, $0.74 will be targeted. SMA50 is a key support and a break below it could see the price squeeze further between $0.64 and $0.46.

Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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TAGGED:Technical Analysis
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