Crypto Expert Bullish on Toncoin and Binance Coin, Calls BNB a "Dark Horse"

Crypto trader Loma analyzes market conditions, showing bullish sentiment for Toncoin (TON) and identifies BNB as a potential "dark horse" among large-cap crypto assets. Loma suggests accumulation of TON around $5 and anticipates BNB reaching new all-time highs due to bullish factors such as erased down moves, quarterly burns, negative funding, and its perceived immunity from SEC scrutiny.

Cryptocurrency Analyst Predicts Bullish Outlook for Toncoin and BNB, Labeling BNB a "Dark Horse"

In a recent analysis, pseudonymous cryptocurrency trader Loma has expressed bullish sentiments towards both Toncoin (TON) and Binance Coin (BNB), highlighting significant potential for growth.

Toncoin (TON): Accumulation Strategy

Loma recommends accumulating TON around the $5 price level, aiming for further accumulation at around $1 if the coin exhibits bullish behavior. However, he emphasizes the need for caution and potential liquidation if the price falls below $1, indicating a bearish trend.

"Building out a TON position while looking for something like [1] area to accumulate," Loma advised his followers.

Binance Coin (BNB): Strong Bulls Ahead

Loma predicts that BNB is poised to reach new all-time highs, citing several bullish factors. According to the trader, BNB has experienced a strong rebound from its previous downtrend, while quarterly burns and negative funding have contributed to positive momentum.

"Binance Coin already erased the entire down move. Quarterly burns. Negative funding. Don't see any reason why this doesn't also make new ATHs if you're expecting Solana, Ethereum, and the rest of the gang to do so," Loma said.

BNB: The "Dark Horse" of Large-Cap Crypto Assets

Loma designates BNB as a "dark horse" among large-cap cryptocurrencies, attributing this to its positive technical structure, negative funding (indicating potential for short-covering), and reduced regulatory scrutiny in the short to medium term.

"I think Binance Coin is a live dark horse for majors. Structurally looks good in both USD and BTC pairing. Negative funding since it's typically hedged against spot holdings for fee reductions by larger whales. Free of SEC persecution in the short/mid-term. I have a bag," Loma stated.

Currently, BNB is valued at $594.76, with Loma's analysis suggesting significant upside potential in the coming periods.