Alt Coin

Top Crypto Analyst Plots Path Forward for Binance Coin and Ethereum, Says One Altcoin Has Bottomed

A broadly adopted crypto dealer is predicting bullish situations for Binance Coin (BNB) and Ethereum (ETH) whereas saying that the utility token of FTX change (FTT) is about to backside.

Starting with Binance Coin, the crypto analyst pseudonymously often known as Smart Contracter says that the native token of the Binance Smart Chain is just a few share factors away from hitting an all-time excessive on the Bitcoin (BTC) chart.

Binance Coin can also be headed for a brand new report excessive on the US greenback chart, in response to Smart Contracter.

“BNB/BTC solely 4% off all-time highs, BNB/USD pair not far behind it.

[A matter of] when, not if.”

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Source: SmartContracter/Twitter

In the case of Ethereum, Smart Contracter says that the second-largest cryptocurrency by market cap has broken out when paired in opposition to Bitcoin (ETH/BTC).

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Source: SmartContracter/Twitter

According to the crypto analyst and dealer, the breakout on the ETH/BTC chart can also be a bullish sign for the Ethereum/US greenback pair (ETH/USD).

“By the time ETH/USD pair hits all-time high, you are all going to look back and think ‘damn, maybe that ETH/BTC breakout really was a sign’.”

In the case of the utility token of the FTX cryptocurrency change, the crypto analyst says that FTT may resume an upwards course after hitting a backside forming round a robust assist degree.

“Friendly reminder major FTT bottom potentially underway has already been basing for 5 days. I don’t think we’re going to get much longer down here before it starts to get going again.”

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Source: SmartContracter/Twitter

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Featured Image: Shutterstock/Tithi Luadthong/Natalia Siiatovskaia

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