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Cryptocurrency News Articles

Crypto Analyst Predicts BNB's Rally to $1,000 as DeFi Coin Consolidates

Dec 17, 2024 at 01:03 am

BNB appears set for an upward move, according to the latest market commentary. A chart shared on X by the respected crypto analyst Jelle indicates that a

Crypto Analyst Predicts BNB's Rally to $1,000 as DeFi Coin Consolidates

Binance Coin (BNB) could soon cross the $1,000 threshold, according to one analysis, sparking interest in the cryptocurrency. Many traders are keeping an eye on BNB as a trending altcoin that could continue to rise in value. But will BNB, a DeFi coin, live up to expectations, or will another star steal the show?

According to the analysis, another promising project is set to join BNB in its rally. This project, known as FXGuys ($FXG), offers traders the optimal platform for achieving profitable trades. The platform features a Trader Funding Program that provides up to $500,000 in trading capital to qualified traders.

FXGuys also provides a wide range of payment methods for traders’ convenience. Multiple currencies are supported for same-day deposits and withdrawals. Additionally, the platform offers staking rewards to loyal users. Will FXGuys emerge as a major player in this rapidly evolving landscape?

Don't miss out on the opportunity to own $FXG tokens. Join the presale now via the link below.

Chart Shows BNB set for an Upward Move as DeFi Coin Consolides礒

BNB is apparently gearing up for an upward move, according to the latest market commentary. A chart shared on X by the well-known crypto analyst Jelle shows a crucial resistance level now acting as support for the DeFi coin.

Jelle adds that they have opted for a low-leverage long position on BNB, expecting the DeFi coin to reach the $1,000 mark. Besides Changpeng Zhao’s influence, many analysts remain optimistic that BNB’s strong fundamentals and Binance’s expanding ecosystem could gradually propel the DeFi coin towards such valuations over the long term.

At the time of writing, BNB is trading around the $685 mark, showing resilience amid recent market volatility. The DeFi coin's performance is grabbing attention as it attempts to break out of its previous consolidation. With the multi-year resistance now serving as strong support, traders are eyeing BNB as a good crypto to buy.

Other market watchers are anticipating more conservative near-term targets, expecting a retracement to the $600 range. As the market adjusts to upcoming developments in Binance’s ecosystem, investors worldwide are keeping an eye on BNB's next move.

Why Choose FXGuys for Profitable Trading? Pay Attention to $FXG Token礒

As a trader, finding the right platform to enhance your profits is crucial. FXGuys provides a platform tailored to make your trading easier and more rewarding. For starters, the Trader Funding Program gives you access to up to $500,000 in trading capital.

This is especially beneficial for traders who might be struggling with a lack of funds. If you pass the evaluation stage, the FXGuys platform provides the capital, and you can focus on trading. You get to keep 80% of the profits so you can grow your earnings.

Another perk is the staking feature. By staking $FXG tokens, you can earn a 20% share of profits and revenue from the broker’s trading volume. This essentially provides a passive income stream, even if you’re not actively trading. It’s a great way to increase your returns while holding your tokens.

The FX Guys platform also stands out for its diverse platform options. Depending on your location, you can trade on MT5, Match-Trader, cTrader, or DXtrade.

This flexibility allows you to choose a platform you’re comfortable with, ensuring a smoother trading experience. These platforms support trading in forex, stocks, cryptos, and commodities.

The platform also rewards you for every trade you make through the Trade2Earn program. This means each time you trade, you earn more $FXG tokens, thereby increasing your portfolio simply by being active. This system encourages more trading activity and volume, rewarding your efforts with additional tokens while you focus on your trading strategies.

Don't miss out on the opportunity to own $FXG tokens. Join the presale now via the link below.

Presale | Website | Whitepaper | Socials | Audit

Is $FXG a Good Crypto to Buy Now Amid a Bullish Rally? Pay Attention to This DeFi Coin

Recently, the $FXG token has attracted attention after experiencing a 300% increase, rising from its Private Seed Funding price of $0.01 to $0.04 during Stage 2 of its public presale. We believe this positions it as a good crypto to buy.

If you missed out on the presale during the early stages, there’s still an opportunity to buy $FXG before its price rises further in the upcoming stages. The next increase will occur when it moves to Stage 3 and trades for $0.05, which represents a 25% hike.

By participating now, you could secure gains of over 150% by the time $FXG launches on major crypto exchanges at $0

News source:www.newsbtc.com

Disclaimer:info@kdj.com

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Other articles published on Dec 17, 2024