{"id":29839,"date":"2022-09-22T22:03:57","date_gmt":"2022-09-22T22:03:57","guid":{"rendered":"http:\/\/egrowonline.com\/?p=29839"},"modified":"2022-09-22T22:03:57","modified_gmt":"2022-09-22T22:03:57","slug":"crypto-analyst-says-one-ethereum-based-altcoin-to-explode-165-eyes-path-ahead-for-binance-coin-bnb-and-eth","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=29839","title":{"rendered":"Crypto Analyst Says One Ethereum-Based Altcoin To Explode 165%, Eyes Path Ahead for Binance Coin (BNB) and ETH"},"content":{"rendered":"


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A widely followed crypto analyst is predicting a massive surge for one little-known altcoin and updating his outlook on Binance Coin (BNB<\/a>) and Ethereum (ETH<\/a>).<\/p>\n

The pseudonymous trader known as Crypto Capo tells<\/a> his 536,000 Twitter followers that he expects ETH-based Reserve Rights (RSR<\/a>), which facilitates the stability of stablecoin Reserve Token (RSV<\/a>), to spark a 165% rally.<\/p>\n

\u201cBought some RSR after the deviation below the blue level. Mainnet almost complete.\u201d <\/em><\/p>\n

\"\"
Source: Altcoin Sherpa\/Twitter<\/figcaption><\/figure>\n

The trader\u2019s charts indicate that he believes RSR will spike to $0.017 before crashing down to its lowest level in a year. He also mentions<\/a> the token\u2019s mainnet, which is 99% complete.<\/p>\n

RSR is moving for $0.0064 at time of writing.<\/p>\n

The analyst then turns his attention to BNB, the native asset of Binance, the world\u2019s largest crypto exchange platform by volume. He says he expects<\/a> BNB to rise to $297.50, a 10.2% increase from its current price of $298.98, before also crashing down to its July levels.<\/p>\n

\u201cMove down from the top of wave A looks 3 wavy, so after the deviation it\u2019s probably a flat pattern. Top of the wave C would be 1:1 of A. Target = $297.50.\u201d <\/em><\/p>\n

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Source: Altcoin Sherpa\/Twitter<\/figcaption><\/figure>\n

Crypto Capo concludes<\/a> his analysis by turning his attention to ETH, saying that the leading smart contract platform is bouncing from a key support level and should offer a good risk-to-reward ratio for investors.<\/p>\n

\u201cBouncing from key support with some regular bullish divergences. First TP [take profit] is the neckline of the H&S [head and shoulders pattern], offering a good risk reward.\u201d <\/em><\/p>\n

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Source: Altcoin Sherpa\/Twitter<\/figcaption><\/figure>\n

ETH is changing hands for $1,272, a 5% dip on the day.<\/p>\n

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Featured Image: Shutterstock\/ValDan22<\/span><\/em><\/p>\n<\/p><\/div>\n


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A widely followed crypto analyst is predicting a massive surge for one little-known altcoin and updating his outlook on Binance Coin (BNB) and Ethereum (ETH). The pseudonymous trader known as Crypto Capo tells his 536,000 Twitter followers that he expects ETH-based Reserve Rights (RSR), which facilitates the stability of stablecoin Reserve Token (RSV), to spark […]<\/p>\n","protected":false},"author":1,"featured_media":29840,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[42],"tags":[1386,349,646,267,564,268,62,181,245,3457,793,985],"class_list":["post-29839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-ahead","tag-altcoin","tag-analyst","tag-binance","tag-bnb","tag-coin","tag-crypto","tag-eth","tag-ethereumbased","tag-explode","tag-eyes","tag-path"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/09\/analyst-predicts-explode-ahead.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/29839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29839"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/29839\/revisions"}],"predecessor-version":[{"id":29841,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/29839\/revisions\/29841"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/29840"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29839"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}