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One of the most widely followed cryptocurrency strategists believes that one of the top 10 altcoins is about to make another surge.
Altcoin Sherpa Analyst Who Works Under Pseudonym He says He has 215,400 followers on social media platform X, which he believes is BNPBinance Smart Chain, the native asset of the DeFi protocol, is expected to see a price surge this year.
It is also believed that the expected Launches The upcoming month for former Binance CEO Changpeng Zhao (CZ) could be a bullish catalyst for BNB.
“BNB is still one of the best major coins right now; it will also coincide with the CZ release date in about a month from now. You can try to get ahead of this by buying BNB and also get some exposure to BNB in the crypto market (or whatever the memes are out there).”
Looking at his chart, the trader suggests that BNB may soon turn $612 into a support level.
BNB is trading at $584 at the time of writing, up over 2% in the past 24 hours.
Next is the analyst. Expression Bullish sentiment towards Ethereum (EthereumPhantom competitorIt’s done).
“FTM: Very strong moves lately. This stock has taken a hit lately but I still think it’s a solid fundamental with the S (Sonic Network) migration approaching. The next target area will be around $0.55, which is the 200-day EMA and S/R. It looks good though.”“.”
Fantom is trading at $0.46 at the time of writing, a slight increase over the past 24 hours.
Finally, the analyst He says That Solana (SolThe price may remain in a trading range between $125 and $150 for a while.
“SOL is still a good price but it’s not a great active trade at all. Times like this are best spent accumulating the coin where you do nothing. $125-$150 is still a good opportunity in my opinion. Trading something like this probably isn’t good for 99% of us.”
Solana is trading at $144 at the time of writing, up 1.4% in the past 24 hours.
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Disclaimer: The opinions expressed on The Daily Hodl are not investment advice. Investors should conduct their own due diligence before making any high-risk investments in Bitcoin, cryptocurrencies or digital assets. Please note that your transfers and trades are at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl engages in affiliate marketing.
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