BNB Long to $423! (Because BNB is better than ETH)

19 Şub 2021

Given that there is a lot of chatter about ETH being too expensive to use, BNB is being pitched as the alternative to ETH in the DeFi space. With that said lets take a look at the BNB/ETH pair to see if we can find a meaningful growth target, that we can then translate to USD on the BNB/USD pair.

Using our Trend Based Fib Extension, focused on the previous ALL TIME HIGH, we can see from the BNB/ETH Pair that BNB is gathering more value against ETH.

Target 1 at 332
Target 2 at 423

19 Şub 2021

Not

The BNB/ETH Comparison chart should have some markup on it ! Damn you trading view!
Draw it yourself. Monthly. Fib Extension.
Bar1 - 0.004006 - 0
Bar2 - 0.146708 - 76
Bar3 - 0.028535 - 197