Binance looking good technically and fundamentally
BNB is a coin with a solid use case within an established company. It has also served as a good diversification to Bitcoin as part of long term portfolios.
Technically it looks as though it could be about to break out of $18.50. It has touched this level four times over the last two weeks. A decisive break of this level could be good confirmation to buy for long term holdings.
Whether it will outperform BTC in the short term is harder to predict. But it could be worth considering to spread some risk for the longer term.
Technically it looks as though it could be about to break out of $18.50. It has touched this level four times over the last two weeks. A decisive break of this level could be good confirmation to buy for long term holdings.
Whether it will outperform BTC in the short term is harder to predict. But it could be worth considering to spread some risk for the longer term.
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