Some of the altcoins have put on great gains since the fall-out over the yen carry trade. Binance Coin ($BNB), Toncoin ($TON) and Avalanche ($AVAX) are rallying hard. Will they continue to do so?
All depends on Bitcoin
There are certain altcoins that have rallied hard over these last several days, putting on gains into the double digits. Of course, a continuance of this surge will surely depend on Bitcoin, but should the king of the cryptocurrencies continue its own upward trajectory, $BNB, $TON, and $AVAX could follow suit, and potentially even persist in outperforming.
$BNB holding critical support
Source: TradingView
Binance Coin ($BNB) has rallied around 30% since the Japan crash. This equates to a $120 increase in the price, and has put $BNB firmly back inside its bull flag/triangle pattern once again. The orange horizontal support line corresponds with support/resistance as far back as April 2021, so this will be a critical line to hold.
$TON rallies out of double bo
We współpracy z: https://cryptodaily.co.uk/2024/08/bnb-ton-and-avax-rally-hard-can-it-continue
