Sunday, 14 July 2024

Crypto News

Ethereum and BNB investors diversify investments into Rebel Satoshi ($RBLZ), as expert hints at huge price move

Ethereum and BNB investors diversify investments into Rebel Satoshi ($RBLZ), as expert hints at huge price move

  • Following a new update from Binance, experts forecast that Binance Coin (BNB) will rise to $750.58.
  • As talks about the Ethereum Exchange-Traded Funds (ETFs) continue, experts foresee Ethereum (ETH) will rise to $4,884.99 by the end of April.
  • More of the best DeFi investors are drawn to Rebel Satoshi ($RBLZ) following its recent listings.

This year, top crypto coins such as Ethereum and Binance Coin have demonstrated strong performances. Consequently, beginner cryptocurrency investors are exploring tokens offering significant returns.

This surge in interest explains the attention garnered by $RBLZ, Rebel Satoshi’s governance token, which has been listed on exchanges. Curious about why ETH and BNB investors are looking at $RBLZ? Read on.

Binance Coin price prediction: will BNB’s impressive surge continue?

On March 7, top cryptocurrency exchange Binance unveiled new trading pairs for Bitcoin, Ethereum, and Binance Coin on its platform. This news created some excitement in BNB’s network, and the value of BNB increased from $475.29 on March 7 to $630.56 on March 13, signalling a 32.67% rise in Binance Coin’s value.

Regarding price projections, some analysts have a positive outlook for Binance Coin because of its impressive trajectory in recent months. Hence, they forecast that BNB will rise to $750.58 before the end of April.

On the other hand, some of the more bearish Binance Coin experts foresee a drop in BNB’s value because of the high possibility of sell-offs from experts who may be looking to take profit from its surge. Thus, they forecast that BNB will drop to $598.51 before the end of April.

Despite the recent dip, analysts foresee an uptrend for ETH

According to a report on March 11, the probability of the U.S. Securities and Exchange Commission (SEC) approving an Ethereum (ETH) spot Exchange-Traded Fund (ETF) has notably diminished. Market sentiment, reflected on platforms such as Polymarket, illustrates a decline in approval odds, now standing at 24%.

This news has created a buzz in the Ethereum community, and the value of ETH has dropped. On March 11, ETH was valued at $4,066.44, but it dropped to $4,006.46 on March 13, reflecting a 1.50% dip in ETH’s price.

Meanwhile, some market experts foresee an uptrend for Ethereum because of its bullish trend in the last two months. Hence, they forecast that ETH will rise…

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