{"id":167793,"date":"2022-12-02T13:26:04","date_gmt":"2022-12-02T13:26:04","guid":{"rendered":"https:\/\/precoinnews.com\/?p=167793"},"modified":"2022-12-02T13:26:04","modified_gmt":"2022-12-02T13:26:04","slug":"crypto-analyst-can-see-bnb-hitting-potentially-even-the-highs-around-450","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/crypto-analyst-can-see-bnb-hitting-potentially-even-the-highs-around-450\/","title":{"rendered":"Crypto Analyst Can See $BNB Hitting \u2018Potentially Even the Highs Around $450\u2019"},"content":{"rendered":"
On Thursday (1 December 2022), prominent crypto analyst Micha\u00ebl van de Poppe shared his thoughts on the price action of BNB, \u201cthe cryptocurrency coin that powers the BNB Chain ecosystem.\u201d<\/p>\n
According to Binance, $BNB can be used to \u201cpay for goods and services, settle transaction fees on Binance Smart Chain, participate in exclusive token sales and more.\u201d<\/p>\n
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According to a report by The Daily Hodl, Van de Poppe, who is the Founder and CEO of Amsterdam-based consultancy and educational platform Eight BV, talked about $BNB during a a video (\u201cTop 3 Altcoins for December\u201d) update released on 1 December 2022:<\/p>\n
\u201cI think that once Binance [Coin] is going to crack through the level at $325, it\u2019s going to give another push towards the highs. And then we\u2019re going to have a runner to watch.<\/em>.. $380, and potentially even the highs around $450.\u201d<\/em><\/p>\n https:\/\/youtube.com\/watch?v=l7I1A_l0mgc%3Ffeature%3Doembed<\/p>\n According to data by TradingView, currently (as of 11:33 a.m. UTC on 2 December 2022), $BNB is trading around $291.80.<\/p>\n <\/p>\n His other two altcoin picks for December 2022 were $MATIC and $LINK:<\/p>\n Polygon ($MATIC)<\/strong><\/p>\n \u201cOnce we are breaking these highs [around $0.93], it\u2019s going to accelerate towards this region [$0.95] and then you can start looking at a serious runner of approximately 35% of MATIC.<\/em>..<\/p>\n Chainlink ($LINK)<\/strong><\/p>\n \u201cOnce it starts to hold here, it\u2019s a reasonable thought that we\u2019re going to look at $8.50 to $9.50 as the next resistance zones.<\/em>.. And that we can start seeing the continuation towards the breakout above this range high [about $9.30] and then we are looking at $15 potentially.<\/em>\u201c<\/p>\n