A widely followed crypto trader is predicting bullish scenarios for Binance Coin (BNB) and Ethereum (ETH) while saying that the utility token of FTX exchange (FTT) is about to bottom.
Starting with Binance Coin, the crypto analyst pseudonymously known as Smart Contracter says that the native token of the Binance Smart Chain is a few percentage points away from hitting an all-time high on the Bitcoin (BTC) chart.
Binance Coin is also headed for a new record high on the US dollar chart, according to Smart Contracter.
“BNB/BTC only 4% off all-time highs, BNB/USD pair not far behind it.
[A matter of] when, not if.”
According to the crypto analyst and trader, the breakout on the ETH/BTC chart is also a bullish signal for the Ethereum/US dollar 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’.”
“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.”Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
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