What If? The market is tough right now. So, let's dream for | Ben Walther on Binance Square

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Bullish

What If?
The market is tough right now. So, let's dream for a minute.
In today's "What-If," I compared LINK to Solana.
Let's assume the bull run is ongoing and LINK reaches Solana's current (!) market cap.
If this were to happen, LINK's price would reach $111—an 885% increase from its current price. 
$SOL $LINK 

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XRP — Is the Breakout FINALLY About To Happen? The preparations are definitely underway. XRP is inching closer to a big move. But is it finally about to break the long-term resistance? This post reveals a key insight that says yes. Before we discuss what's coming, let's quickly assess the current situation (in case you missed it). XRP has been stuck in a long-term downtrend for what feels like forever. Multiple attempts to break out—none have succeeded. Currently, XRP is approaching the downtrend line again, closing in on a triangle formed by the resistance and a support level. So far, so familiar. But here's something new behind the scenes: While volume has decreased and the price remains stable, open interest (OI) has surged in the last few days (+7%). In fact, XRP is one of a few tokens that show this setup. What does this mean? Traders are most likely quietly building positions, preparing for a move. OI growth often signals that something big is brewing—it typically precedes a significant breakout. So, will the breakout be real this time? It's XRP, so it's hard to say. XRP's price might seem quiet, consolidating below resistance, but the rising OI tells a different story. This kind of setup often comes before a major breakout. OI doesn't tell us the direction (long or short). It just signals that a big move is coming. Here's what to watch for: - Bullish Scenario: If XRP breaks above $0.62 with a surge in volume, the rising OI could fuel a larger rally, pushing past the long-term trendline. - Bearish Scenario: If XRP gets rejected again, we could revisit $0.52 or even $0.45—but with OI building, that seems less likely. Final Thought The OI buildup and stable price action suggest that the breakout could be real this time. The volume will be the final piece of the puzzle. Watch closely—XRP might be ready to break its downtrend. $XRP #Xrp🔥🔥

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HERE'S A VERY EXCLUSIVE SELECTION 🌟 The tokens I present in this post share a common set of technical indicators. This setup is super interesting and makes these tokens worth analyzing. What's the Setup? The presented tokens share the following technical indicators: ‣ Bullish Triple EMA: Short, medium, and long-term moving averages show an uptrend. ‣ Bullish VMA Trend: The volume-based moving average (one of the most reliable indicators) signals an uptrend. ‣ Neutral RSI: The relative strength index is neutral — precisely what we want to see. And Here are the tokens - I added the CoinMarketCap rank for you to get a better impression of the token's relevance: ‣ Bitcoin (BTC), CMC Rank 1 ‣ BNB (BNB), CMC Rank 4 ‣ XRP (XRP), CMC Rank 7 ‣ MANTRA (OM), CMC Rank 82 ‣ Reserve Rights (RSR), CMC Rank 196 Let me know which you hold in the comments 👇 I am putting considerable effort into analyzing tokens. Please help me make it worthwhile by liking and sharing the post. Thank you!

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Open Interest (OI) Growth — Watch These Tokens — High Potential For Correction! When analyzing more than 500 tokens, I’ve spotted massive OI growth in a few tokens. Typically, this signals leveraged positions building up. That can mean only one thing: Risk (and likely an incoming drop — more explanation at the end of the post). Let's have a look at the tokens first. Here are the top tokens with a massive OI spike: 1 — Ark (ARK) +391% 2 — Ontology Gas (ONG) +242% 3 — First Neiro on Ethereum (NEIRO) +172% 4 — Loom Netowrk (LOOM) +159 Let’s break it further down and include the latest price movements: • ONG and ARK have already seen a drop after the OI surge. This might have been the blow-off top. However, we might see further correction since the rate is still high! • LOOM had a more minor pullback. No big sell-off yet. Therefore, it is likely that another correction is incoming. • NEIRO is still pumping hard. But OI this high can’t stay forever. Get prepared. -- What Is OI and Why It Can Be Dangerous? Open Interest (OI) represents the total number of outstanding contracts in the futures market. When OI grows rapidly, leveraged positions build up fast, leading to higher volatility. If the price moves against these leveraged positions, liquidations are triggered, creating sharp sell-offs or buying frenzies.

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Volume Surge Radar — 23rd September I am always trying to add fresh and valuable data to my posts. Here's something I've set up lately: the volume surge radar. It shows the top 5 tokens with the highest (%) volume increase compared to the recent day. In the below case, I compare yesterday's volume with Saturday's. Here are the results: 1 — Beta Finance (BETA): +1,895% 2 — Pendle (PENDLE): +930% 3 — Streamr (DATA): +728% 4 — CLV (CLV): + 655% 5 — Kava Lend (HARD): +510%

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Free Falling! Top Losers — 23 Sep 2024 Overall, the market started the new week rather well. However, some tokens decided not to follow the trend and slid downhill. Here are the top 5 tokens showing the highest loss in the last 24 hours: 1 — Ardor (ARDR): 15% 2 — Ark (ARK): -13% 3 — Self Chain (SLF): -13% 4 — Catizen (CATI): -10% 5 — Streamr (DATA): -8% Hope you're safe and not caught in any longs!

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