Crypto Strategist Says Binance Coin (BNB) and Bitcoin Cash (BCH) Flashing Bullish Signals – Here Are His Targets

dailyhodl.com 14 July 2023 00:12, UTC

Analytics

A widely followed crypto strategist is bullish on two popular altcoins amid relatively calm price action for the markets.

Starting with Binance Coin ($BNB), the pseudonymous analyst Kaleo tells his 593,300 Twitters followers that the native token of the Binance Smart Chain is a bargain at a price of below $250.

According to Kaleo’s charts, $BNB could revisit the $300 price level and potentially hit the April high of slightly above $340 sometime in the last four months of 2023.

“$BNB back to $300

But you wouldn’t ‘bullieve’ it.”

$BNB is trading at $248 at time of writing.

The pseudonymous crypto strategist says that Binance is currently receiving little attention but that will change once it surges.

“The funny thing is – no one is talking about $BNB right now – but, when it finally does take off here in a bit it’s big enough that EVERYONE will be.

And everyone will talk about how obvious it was in hindsight.

But… somehow it isn’t obvious now.”

Next up is Bitcoin Cash ($BCH). Kaleo says that when paired against Bitcoin ($BTC), Bitcoin Cash possesses more upside potential.

“After sitting on the sidelines for a few days, I punted another $BCH long.

Really like the way it’s looking vs. $BTC here for the potential of seeing one last leg higher.”

Bitcoin Cash is trading for 0.00926000 $BTC ($218.19) at time of writing. The 15th-largest crypto asset by market cap has surged by around 140% in less than a month from a June low of 0.00386000 $BTC ($117.21).

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