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<p>The post <a href="https://coinpedia.org/news/top-analysts-reveals-midterm-targets-for-binance-coin-bnb-and-sui-sui/" rel="noopener noreferrer nofollow">Top Analysts Reveals Midterm Targets for Binance Coin (BNB) and SUI (SUI)&nbsp;</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>After consolidating in the past five weeks, crypto assets with notable development activity have shown early signs of a fresh bullish uproar. Led by Bitcoin (BTC), which is bolstered by heightened demand from spot BTC ETFs in Hong Kong and the United States, most crypto assets have established a reversal pattern.&nbsp;</p>
<p>Moreover, Bitcoin price closed last week on a bullish note similar to the past 20-30 percent market corrections.</p>
<h2 class="wp-block-heading" id="h-altseason-on-the-horizon">Altseason on the Horizon</h2>
<p>With more than 12k altcoins awaiting the parabolic bull market ahead, the total altcoin market cap has stabilized at around $1 trillion in the past few weeks. Having risen more than double from the bear market bottoms, the altcoin market cap is well primed to retest the all-time high (ATH) in the near term.</p>
<p>Furthermore, Bitcoin dominance has been forming a reversal pattern as the ETH/BTC pair attempts to rebound from the multi-year low.</p>
<h2 class="wp-block-heading" id="h-midterm-targets-for-bnb-and-sui">Midterm Targets for BNB and SUI</h2>
<p>In the layer-one (L1) crypto categories, BNB and SUI are some of the highly undervalued projects with immense bullish potential. Moreover, both projects have a vibrant web3 ecosystem amid the mass adoption of digital assets.</p>
<h2 class="wp-block-heading" id="h-bnb"><strong>BNB</strong></h2>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24BNB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BNB</a> is on the Verge of another Bullish Rally so Keep it under the Radar..!!<br><br>In Case of Breakout, Expecting +40% Bullish Rally.. <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/BNB?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#BNB</a> <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> <a href="https://t.co/y4kArkD5k2" rel="noopener noreferrer nofollow">pic.twitter.com/y4kArkD5k2</a></p>— Captain Faibik (@CryptoFaibik) <a href="https://twitter.com/CryptoFaibik/status/1787807047309828336?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 7, 2024</a>
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<p>According to a popular crypto analyst alias Captain Faibik, BNB’s price is on the verge of a 40 percent uproar in case of a bullish breakout. With BNB price hovering around $592 on Tuesday, the crypto analyst believes the altcoin will reach at least $840 soon.</p>
<h2 class="wp-block-heading" id="h-sui"><strong>Sui</strong></h2>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> SUI/USDT Breakout Alert <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/25aa.png" alt="▪" class="wp-smiley" style="height: 1em; max-height: 1em;"> Current Price: $1.10<br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/25aa.png" alt="▪" class="wp-smiley" style="height: 1em; max-height: 1em;"> Breakout Point: $1.15<br><br>If <a href="https://twitter.com/search?q=%24SUI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SUI</a> successfully breaks the $1.15 resistance level, we anticipate a significant upward rally.<br><br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f539.png" alt="🔹" class="wp-smiley" style="height: 1em; max-height: 1em;">Entry Setup: $1.10 – $1.15 (Only after a confirmed breakout)<br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f539.png" alt="🔹" class="wp-smiley" style="height: 1em; max-height: 1em;">Expected Rally: Potential 100% -… <a href="https://t.co/sju394Q5GY" rel="noopener noreferrer nofollow">pic.twitter.com/sju394Q5GY</a></p>— Crypto Patel (@CryptoPatel) <a href="https://twitter.com/CryptoPatel/status/1787811737376276819?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 7, 2024</a>
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<p>Sui (SUI) is a fast-growing layer one project backed by former Meta’s blockchain research team and with more than $642 million in total value locked. According to a renowned analyst alias Crypto Patel, the midcap altcoin, with a fully diluted valuation of about $11 billion has been forming a bullish pattern.</p>
<p>The crypto analyst expects the SUI price to more than double in Baku if the altcoin consistently closes above $1.15 in the coming weeks.</p>

Top Analysts Reveals Midterm Targets for Binance Coin (BNB) and SUI (SUI)

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