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

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.”

Source: Kaleo/Twitter

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.”

Source: Kaleo/Twitter

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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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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The post Crypto Strategist Says Binance Coin (BNB) and Bitcoin Cash (BCH) Flashing Bullish Signals – Here Are His Targets appeared first on The Daily Hodl.