Aave

DeFi

Sherpa

Coin

<p>The post <a href="https://coinpedia.org/news/crypto-analyst-forecasts-bullish-trend-for-bnb-aave-and-inj/" rel="noopener noreferrer nofollow">Crypto Analyst Forecasts Bullish Trend for BNB, AAVE, and INJ</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>In a recent tweet, renowned cryptocurrency analyst Altcoin Sherpa provided insightful predictions regarding the price movements of Binance Coin (BNB), Aave (AAVE), and Injective Protocol (INJ), highlighting potential bullish trends in the market.</p>
<h2 class="wp-block-heading" id="h-bnb-to-break-ath-soon">BNB To Break ATH Soon</h2>
<p>Altcoin Sherpa’s analysis begins with BNB, where he expresses confidence in its ability to reach new all-time highs (ATH). Despite a slight pullback expected in the short term, Altcoin Sherpa believes that BNB will surpass previous ATH levels soundly within the next few months.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24BNB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BNB</a>: This one goes to ATH easily and this was kind of obvious IMO. Expecting some sort of small pullback before all time highs but I think it breaks it soundly in the next few months <a href="https://t.co/Ipt66lWKOH" rel="noopener noreferrer nofollow">pic.twitter.com/Ipt66lWKOH</a></p>— Altcoin Sherpa (@AltcoinSherpa) <a href="https://twitter.com/AltcoinSherpa/status/1767875451404288344?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 13, 2024</a>
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<p>Currently, BNB is <a href="https://markets.coinpedia.org/bnb/" rel="noopener noreferrer nofollow">trading at $590.96</a>, reflecting a marginal decline of over 1% in the last 24 hours, yet showing promising signs for future growth following its previous all-time high of $686.31 in May 2021.</p>
<h2 class="wp-block-heading" id="h-aave-potential-upside-for-defi-coin">AAVE: Potential Upside for DeFi Coin</h2>
<p>Moving next to Aave (AAVE) an open-source liquidity protocol Sherpa highlights the considerable upside potential for DeFi 1.0 coins like AAVE.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24AAVE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$AAVE</a>: There's still a ton of upside for some of these good DeFi 1.0 coins. That said, I'm not sure if they actually have a bid going forward. Probably a solid coin to just buy and not worry about. <a href="https://t.co/r1OwHGERGJ" rel="noopener noreferrer nofollow">pic.twitter.com/r1OwHGERGJ</a></p>— Altcoin Sherpa (@AltcoinSherpa) <a href="https://twitter.com/AltcoinSherpa/status/1767871478316638258?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 13, 2024</a>
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<p>Meanwhile, acknowledging uncertainty about future bidding activity, analyst suggests that AAVE could be a solid long-term investment, encouraging investors to buy and hold without excessive worry.</p>
<p>As of now priced at <a href="https://markets.coinpedia.org/aave/" rel="noopener noreferrer nofollow">$128.77</a>, is believed to have breached a prolonged trading range, indicating further upward momentum beyond its previous low of $45.60 to $112.40.</p>
<h2 class="wp-block-heading" id="h-inj-opportunities-amidst-consolidation">INJ: Opportunities Amidst Consolidation</h2>
<p>Lastly, Altcoin Sherpa expresses bullish sentiment towards Injective Protocol (INJ), emphasizing highlights the opportunity to capitalize on potential dips or consolidation periods. Despite recent choppy price action, Altcoin Sherpa remains optimistic about INJ’s future performance, expecting a significant upward trend in the near term.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24INJ&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$INJ</a> ok looking to buy some dips/consolidation now. Expecting more of a run and hoping its not just a deviation <a href="https://t.co/CSyNkDklGQ" rel="noopener noreferrer nofollow">https://t.co/CSyNkDklGQ</a> <a href="https://t.co/XQdFb3VOI7" rel="noopener noreferrer nofollow">pic.twitter.com/XQdFb3VOI7</a></p>— Altcoin Sherpa (@AltcoinSherpa) <a href="https://twitter.com/AltcoinSherpa/status/1767914377485693373?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 13, 2024</a>
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<p>While cautioning against entering leveraged perpetual trades due to low volatility, Altcoin Sherpa recommends considering INJ as a promising spot for swing trading opportunities. As of now INJ is <a href="https://markets.coinpedia.org/injective/" rel="noopener noreferrer nofollow">trading at $43.88</a> and could witness significant gains soon.</p>
<p>While Altcoin Sherpa’s insights offer optimism for traders and investors, it’s essential to approach market forecasts with caution and conduct thorough research before making investment decisions.&nbsp;</p>

Crypto Analyst Forecasts Bullish Trend for BNB, AAVE, and INJ

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