The best altcoin charts for this bull market: Ripple (XRP), Binance Coin (BNB), and Sui (SUI)
There are very few altcoins that are able to match Bitcoins performance over the longer term. That said, Ripple (XRP), Binance Coin (BNB), and Sui (SUI) are among the best-positioned.
$XRP return to all-time high is on the cards
Source: TradingView
Its perhaps a bit of a mystery as to why $XRP is doing so well in this particular bull market. If one just looks at the tech (old) and tokenomics, it does not fill one with inspiration. However, what $XRP does have is a marketing department par excellence, and a fervent community that buys and holds in blind faith. That blind faith is currently being rewarded.
The price made an incredible step-up at the end of 2024, and hasnt really looked back since. Support has been tested as far down as $1.62, and $1.96 has also become a major support level.
If the bulls can push the $XRP price through the descending trendline, a revisit of the all-time high at $3.40 could be on the cards. The Stochastic RSI at the bottom of the chart only just has the indicators moving up from the bottom. Looking bullish.
$XRP trails along the bottom against $BTC
Source: TradingView
The XRP/BTC chart is another thing though. Besides the huge surge that $XRP made in November into January, $XRP has fallen against $BTC since May 2017, and heavily. For the short to medium term, if support holds, there could be at least some inroads against $BTC for $XRP, but dont hold your breath.
$BNB on brink of major surge
Source: TradingView
Another top altcoin on the brink of a potential major surge is $BNB. This coin has held up extremely well over the down periods of this bull market. The above 2-week chart shows that now the price has passed through the descending trendline, a break above the $603 horizontal resistance could see the price heading back to the highs.
$BNB not the favourite against $BTC
Source: TradingView
Once again, just as was the case for $XRP, the BNB/BTC pair is very much in favour of $BTC. The price has dipped below the ascending trendline again, and is holding at the 0.006 BTC support. Whats more, the weekly Stochastic RSI is descending. Backing $BNB against $BTC is certainly for the brave from here.
Another big surge incoming for $SUI
Source: TradingView
This is a great-looking chart for $SUI. As long as the $3.38 horizontal level now holds as support, it should be onwards and upwards from here. The 2-week Stochastic RSI at the bottom of the chart shows the indicator lines crossing up from the bottom. Another big surge could be incoming.
Another higher high for $SUI against $BTC?
Source: TradingView
As far as altcoin/BTC charts go, SUI/BTC is one of the best out there. Higher highs and higher lows have taken place so far. It can be seen that the price has just tested the support at 0.000035 BTC, and it now remains for the $SUI bulls to make the next higher high. If they can do so, $SUI could be the leading layer 1 through this bull market. However, if this is a failed rally, it could be the turning point for $BTC against $SUI. Time will tell.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Text source: Crypto Daily™
