Parabolic

$SIGN Showing Absolutely EXPLOSIVE Gains on the 4-Hour Chart! 🤯
$SIGN is currently trading at $0.07801, registering an ASTOUNDING +160.03% increase over the last 24 hours! Looking at the 4-hour chart, the most recent candle shows continued strong upward movement of +0.72%, following a parabolic surge.
📊 Key Observations:
⬆️ 24h High: $0.08220
⬇️ 24h Low: $0.03000
💰 Current Price: $0.07801
📈 Today's Performance: A staggering amount (not fully visible on the bottom, but clearly massive!)
🟢 Recent 4h Change: +0.72% (after a much larger spike)
🤔 What to Watch Closely?
Given this incredible surge, extreme caution is warranted. The 24-hour high of $0.08220 is the immediate resistance. Breaking above this could lead to even more unpredictable price action. On the downside, any significant drop could find initial support around the $0.0700 level, but with such volatility, support levels may be weak. Trading volume is exceptionally high, reflecting the intense buying pressure.
⚠️ This type of parabolic move is often unsustainable and can be followed by sharp corrections. TRADE WITH EXTREME CAUTION AND MANAGE YOUR RISK WISELY. Do not FOMO into such pumps.
➡️ Buy and Trade $SIGN here! [Link to SIGN/USDT on Binance]
#SIGN #Infrastructure #Pump #Parabolic #ExtremeVolatility

$SUI Still Surging! Approaching $2.92 – Is $3.00 Next? 🚀
$SUI (SUI) continues its impressive run on Binance! The 4-hour chart shows $SUI / USDT now trading even higher at 2.9113, maintaining a massive +29.44% gain today! The 24-hour trading volume remains exceptionally high at 133.99M SUI, equivalent to 344.57M USDT.
The chart clearly illustrates sustained upward momentum, pushing towards the $3.00 mark after the significant breakout. This indicates strong and persistent buying interest in Sui.
Key Observations:
* Continued Bullish Momentum: The price continues its rapid ascent, showing no signs of slowing down significantly.
* Extremely High Trading Volume: The consistently massive volume reinforces the strength and conviction behind this upward trend.
* Approaching Key Resistance: The price is now very close to the psychological resistance level of $3.00.
* "Layer 1 / Layer Gainer" Tag: As a leading gainer in the Layer 1 space, Sui's price action is likely driven by strong positive sentiment surrounding its technology, ecosystem growth, and potential for future adoption.
What's fueling this relentless climb? This sustained upward momentum could be driven by continued positive news or developments within the Sui ecosystem, increasing investor confidence as it establishes itself as a strong Layer 1 contender, or simply strong market speculation and FOMO. Breaking through $3.00 could trigger further buying pressure.
Are you still watching Sui's incredible surge? Do you think it will break the $3.00 barrier? Share your updated thoughts and analysis in the comments below!
#SUI #SuiNetwork #Blockchain #ToTheMoon #Parabolic

$FIL just broke the resistance at 5.2 and successfully retested as new support now there is no any major resistance below 8.If BTC hold 52k #Filecoin will go #parabolic in no time 🚀🚀🚀
#Polkadot #btc #BullRunGems

Ethereum’s Path to $10K+ : The Parabolic Run is Coming**

#ETH🔥🔥🔥🔥 #parabolic #etherreum #BinanceSquareFamily #BinanceHerYerde

Ethereum (ETH) is showing patterns reminiscent of its 2020 accumulation phase, which preceded a massive parabolic rise. In August-September 2020 , ETH was in its final accumulation before skyrocketing in value, and a similar setup is now unfolding in August-September 2024.

The market structure and accumulation patterns hint at a potentially massive run that could see ETH breaking **$10K+**.
With Ethereum showing strong signs of accumulation again, the historical trend suggests we may be on the verge of a parabolic rise in the months ahead.

Conclusion :
Ethereum’s price action points to a significant move, with the possibility of a parabolic surge as it completes its accumulation phase.

Advice for Traders and Investors :
- Keep a close watch on ETH’s price levels during this accumulation phase.
- Prepare for potential upward momentum, as history could repeat itself.
- Consider long-term positions with a target beyond $10K, but stay cautious of market volatility.

Bitcoin Bull Run Rally Incoming 🚀

A parabolic rise for Bitcoin is imminent.

Every time the 25 MA and 35 MA have formed a golden cross on the monthly timeframe, Bitcoin has gone #parabolic .

• In 2016-17, $BTC surged by 2,400% after the golden cross.
• In 2020-21, $BTC rallied 600% after the golden cross.

Now, the golden cross has occurred once again.

The next parabolic run is coming soon! 🔥

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#Binance
#crypto2024

This is based on basic economic principles:
scarcity and supply-demand imbalance.

Why Can Bitcoin Rise Parabolically?
1. Limited Supply
- Bitcoin has a maximum supply of 21 million coins, and about 19.7 million are already in circulation (as of April 2024).
- Every 4 years, the block reward (mining reward) is reduced by 50% (Halving), slowing the growth of new supply.

2. High Demand
- If demand (from institutions, ETFs, countries, or retail investors) continues to increase while new supply decreases, prices can skyrocket.
- Example: After the 2020 Halving, Bitcoin rose from ~$9,000 to $69,000 (2021).

3. FOMO Effect (Fear of Missing Out)
- When prices start to rise quickly, more people/institutions want to buy before it's too late, reinforcing the increase.

What Can Trigger Parabolic Movements?
- Adoption by Institutions
(example: Bitcoin ETF like BlackRock)
- Global Policies (e.g., Fed interest rate cuts)
- Uncertainty (Bitcoin as a safe-haven asset)
- Effects (like what happened in 2024, reducing new supply)

Correction Risks
Although the long-term trend is bullish, parabolic movements are often followed by sharp corrections (example: 2017, 2021). Therefore, risk management is important.

If demand remains high and supply tightens, phase could happen again!

🔥🔥🔥 #parabolic $BTC Surge Imminent as #bitcoin☀️ Enters the Dramatic Banana Zone, New ATH Soon?

Bitcoin’s ‘Banana Zone’: A Phase of Rapid Price Escalation

Bitcoin’s Banana Zone signifies a period of rapid price escalation, drawing significant market and investor interest.

Concept of the Banana Zone

- Definition: A phase where Bitcoin experiences dramatic upward surges, characterized by a parabolic rise, prompting investor regret for not buying sooner.

- Contrast with Fiat: Bitcoin’s rise as rules-based money, differing from traditional fiat's debt-based model.

Credibility of Raoul Pal

- #raoulpal : A former high-ranking executive at Goldman Sachs, his credibility in financial markets supports the Banana Zone concept.

- Influence on Investors: Pal’s advice led Robert Kiyosaki to invest in Bitcoin, buying 30 Bitcoins at $6,000 each, which have since appreciated significantly.

Impact of Bitcoin’s Rise

- Rules-Based Money: Bitcoin operates on a fixed set of principles without government interference, unlike fiat money, which can be printed at will, leading to inflation and devaluation.

- Investor Sentiment: Bitcoin's rise is seen positively by many investors due to its independence from government control.

Current Market Status

- Bitcoin Price: Trading at $61,795.53 with a 24-hour trading volume of $28.55 billion, reflecting a 1.12% increase in the last 24 hours.

Shifts in Perspectives

- #robertkiyosaki : Previously suggested Bitcoin was crashing, now acknowledges the importance of long-term investment strategies due to the market's volatility and dynamic nature.

Summary

Bitcoin’s Banana Zone signifies a period of rapid price increase, highlighting its distinction as rules-based money and drawing interest from investors. Raoul Pal’s credibility supports this concept, influencing significant investments like that of Robert Kiyosaki. Despite market volatility, Bitcoin’s long-term potential continues to attract attention.

Source - cryptonewsland.com

#BinanceSquareBTC