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 are 593,300 Twitter followers that the Binance Smart Chain native token is a bargain at a price of less than $250.
According to Kaleo’s charts, BNB could review the price point of $300 and may reach the high point of just over $340 in April sometime in the last four months of 2023.
“BNB back to $300
But you wouldn’t “bully” it.
BNB is trading at USD 248 at the time of writing.
The pseudonymous crypto strategist say that Binance is currently getting little attention, but that will change once it rises.
“The funny thing is – right now no one is talking about BNB – but when it finally gets off the ground here in a while, it will be big enough that EVERYONE will be.
And everyone will talk about how obvious it was afterwards.
But… somehow it’s not clear now.”
The next step is Bitcoin Cash (BCH). Kalei say that in combination with Bitcoin (BTC), Bitcoin Cash has more upside potential.
“After being sidelined for a few days, I kicked another BCH long.
Really like the way it looks versus BTC here for the potential to see one last leg higher.
Bitcoin Cash is trading for 0.00926000 BTC ($218.19) at the time of writing. The 15th largest crypto asset by market capitalization is up about 140% in less than a month from a June low of 0.00386000 BTC ($117.21).
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Image generated: Midway through the journey