LIVEBinance Coin (BNB) To Experience Major Surge While Litecoin (LTC) Increase After ETF Launch
The cryptocurrency market is very competitive due to the continuous influx of crypto projects. This has forced top players like Binance Coin and Litecoin to fight to maintain their position.
Now, a new entrant in the form of the real estate crypto project, Everlodge, has emerged, to challenge the dominance of Binance Coin and Litecoin. Let us see if Everlodge has the potential to outshine these top guns.
Binance Coin (BNB) To Pump 16.11%
Captain Zhao, the founder and CEO of Binance, resigned and admitted guilt in a significant agreement with the DOJ. This event marked a major change in the world of cryptocurrency. As per reports, Binance exchanges experienced a large withdrawal of more than $1 billion.
This has affected the price of Binance Coin in the short term. Data from CoinMarketCap showed that Binance Coin price had dropped from a seven-day peak of $260.06 to $223.78. Surprisingly, the price of Binance Coin has seen an uptick to $230.26.
According to analyst's Binance Coin price prediction, Binance Coin value is predicted to rise by 16.11% to $265.72.
The price of Litecoin (LTC) has been stagnant in the past week with a difference of just 0.5%. Meanwhile, the Litecoin price displayed a 1.2% price increase on the monthly chart with a negative year-to-date.
Litecoin recorded 16/30 (53%) green days with 2.79% price volatility over the last 30 days. Looking at Litecoin technical indicators, Litecoin value could drop in the coming days. Currently, the RSI value has slipped below the 50 average to 49.93.
