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XRP news today: Altcoins XRP, BNB, SUI Surge in Bull Market, XRP Eyes 100% Gain
Generated by AI AgentCoin World
Friday, May 2, 2025 7:34 am ET1min read
Ripple (XRP), Binance Coin (BNB), and
(SUI) are among the altcoins that have shown strong performance in the current bull market. XRP has seen a significant price increase, with support levels at $1.62 and $1.96. The Stochastic RSI indicates a bullish trend, suggesting that if the price breaks through the descending trendline, it could reach its all-time high of $3.40. However, against Bitcoin (BTC), XRP has been trailing since May 2017, and while there is potential for short-term gains, the long-term outlook is less clear.Binance Coin (BNB) has also performed well, holding up during down periods and recently breaking through a descending trendline. If it can surpass the $603 horizontal resistance, it could see further gains. However, against BTC, BNB is not favored, with the price dipping below the ascending trendline and the weekly Stochastic RSI descending. This suggests that backing BNB against BTC may be risky.
Sui (SUI) shows a promising chart, with support at the $3.38 horizontal level. The 2-week Stochastic RSI indicates a bullish trend, suggesting another big surge could be incoming. Against BTC, SUI has shown higher highs and higher lows, with the price recently testing support at 0.000035 BTC. If SUI can make the next higher high, it could become the leading layer 1 through this bull market. However, if this rally fails, it could mark a turning point for BTC against SUI.
In summary, while XRP, BNB, and SUI have shown strong performance in the current bull market, their outlook against BTC varies. XRP and BNB face challenges against BTC, while SUI shows potential for further gains. Investors should consider these factors when evaluating these altcoins.
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