Selling Pressure Pushes BNB Below Its New Peak as Whales Accumulate XRP and UNIL

Selling Pressure Pushes BNB Below Its New Peak as Whales Accumulate XRP and UNIL
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The BNB coin price nosedived from its new ATH as profits rotated into other high-potential altcoins. With whales leaving a money trail, altcoins to watch for significant growth are Ripple and Unilabs Finance (UNIL). The XRP price is poised for a breakout above its current ATH, while UNIL, a new AI token, is set for a parabolic run post-launch.

Given its combination of diverse narratives, including AI, DeFi and TradFi, UNIL is among the best coins to invest in. Also, it is designed to solve a real-world problem. Its unique offering is an AI-backed DeFi asset manager, hailed by industry experts as groundbreaking.

Will We See Another BNB Coin Price ATH?

The BNB coin price reached a new ATH of $859 in July, sparking excitement across the community and ecosystem. However, there has been a significant decline; selling pressure has pushed the DeFi coin below $770.

Is a rebound near or is a new BNB coin price ATH on the cards? On the one hand, the RSI is low and the MACD level indicates further price decline. On the other hand, a bounce might play out in the coming days, if the positive Bull Bear Power and 9-HMA are anything to go by.

At the same time, momentum is rising, marked by the increasing trading volume (a 10% surge in the past 24 hours to $1.92 billion). Retesting $800 could spark a buying spree and a rally toward a new peak and a higher market cap. However, the BNB coin price falling below $700 could be the start of a great sell-off.

Current XRP Price Might Be a Great Entry

After briefly losing the $3 support and retesting $2.7 earlier this month, the XRP price trades upward. Momentum is also rising, evident in the 10% increase in daily trading volume to $5.9 billion and growing interest among whales.

Over the past 30 days, the token trading volume has grown by 180%, exceeding $223 billion. Also giving a bullish token price outlook are technical indicators and price predictions. According to TradingView, the Hull Moving Average signals an uptrend in the XRP price.

Meanwhile, Crypto Kid is optimistic that the XRP price will hit $5 this cycle, positioning the payment-based altcoin among the best coins to invest in. Hovering around $3.1 as of press time, a retest of its 30-day high of $3.6, alongside strong volume, could push the altcoin into price discovery.

Unilabs Finance (UNIL) — Whales’ Quiet Accumulation Continues

Unilabs Finance (UNIL) has become a favorite not only among retail investors but also among whales. Since debuting, the ICO price has increased by over 142% from $0.004 in the first stage to $0.0092 in the sixth stage. Further incentivizing investors is the projected 415% gain at the listing price of $0.05, making it one of the best coins to invest in.

Also contributing to its appeal is its combination of diverse narratives, including AI, DeFi and TradFi. Experts have drawn parallels to Render, an AI protocol with a market capitalization of $1.9 billion and Jupiter, a DeFi platform with a $1.4 billion market capitalization.. However, it has a competitive edge due to its generous yield-sharing strategy (the redistribution of 30% of fees to users). 

Additionally, users will have voting rights and tokens can be staked on the platform for rewards, further incentivizing holders. Meanwhile, its goal is to make alphas available to users and provide anyone with access, tools and insights. Hence, its AI-backed DeFi asset manager platform has been called a game-changer. 

Closing Thoughts

Whale interest has driven the UNIL presale past $10.8 million in funding. While the BNB coin price might not reach a new peak and the XRP price offers limited return due to its large cap, Unilabs Finance (UNIL) is projected to skyrocket by 488% at its listing price of $0.05. With more gain expected, it is one of the best coins to invest in.

For more information about Unilabs Finance (UNIL) visit the links below:

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