One of the most respected crypto analysts in the world believes that a top-10 alternative coin is on its way to a record-breaking high. He also updated his view about two DeFi tokens.
Altcoin Sherpa, a pseudonymous analyst tells Binance coin (X) has 211 300 followers on social media.BNBThe native asset () of the largest crypto-exchange platform in the world by volume could continue to be bullish for some time.
“BNB: this one goes to all-time high easily and this was kind of obvious in my opinion. Expecting some sort of small pullback before all-time highs, but I think it breaks it soundly in the next few months.”
According to the weekly chart of the trader, BNB’s bullish run could be extended by breaking through a major resistance near $661.70.
BNB currently trades for $590.96, down over 1% from the previous 24 hours. BNB hit an all-time peak of $686.31 in May 10, 2021.
Aave) is the next word that comes from the trader.AAVE( ), as it seems to have the potential for more upside, a protocol of lending and borrowing could also have more upside. broken out A long range is between $45.60 on the low end and $112.40 on the high.
“AAVE: there’s still a ton of upside for some of these good DeFi 1.0 coins. That said, I’m not sure if they actually have a bid going forward. Probably a solid coin to just buy and not worry about.”
![GIi9rLQWoAAX3Ty](https://fxruhanahmed.com/2/wp-content/uploads/2024/03/Crypto-Trader-Says-Top-10-Altcoin-Primed-To-Hit-New-All-Time.jpeg)
AAVE currently trades for $137.77, less than 3% of its previous value.
Last but not least, the dealer says that he is remaining Bullish on Injective’s native asset, a decentralized exchange platform (DEX).INJ( ) after the stock soared above its trading range. He cautions however that INJ might dip first or go sideways.
“INJ, ok looking to buy some dips/consolidation now. Expecting more of a run and hoping its not just a deviation.”
![GIjkwEOW0AASlxX](https://fxruhanahmed.com/2/wp-content/uploads/2024/03/1710505505_469_Crypto-Trader-Says-Top-10-Altcoin-Primed-To-Hit-New-All-Time.jpeg)
INJ has fallen slightly to $47.88 as of the time this article was written.
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