There are various predictions about the prices of some important digital assets, and today, we’ll address the ones focused on Solana and Binance coin.
SOL and BNB new predictions are out
According to the new reports, a popular crypto analyst says Solana (SOL) and Binance Coin (BNB) are the only digital assets he wants to hold amid market volatility.
Pseudonymous trader Altcoin Sherpa said recently that Solana will likely recover and that he sees good entry points for SOL between $15 and $25.
“SOL: [in my opinion] current area is a good buy zone for a short-term bounce, would NOT get greedy and assume this is ‘the bottom’. Bottom is probably sub $20 if things continue lower.”
The trader also explained the fact that he is buying more BNB as he remains confident Binance will continue to support the crypto asset. Binance Coin is currently worth $209.48
$BNB: #BNB led the last cycle in the downtrend and I don’t think CZ will let this thing die. Binance is still the leading cex and bnb still has utility on BSC. I think this is ‘safe’
I already have some of this but I will buy more. Aiming for around here + 140 if things get bad. pic.twitter.com/UUhAqLvC3s
— Altcoin Sherpa (@AltcoinSherpa) June 15, 2022
He continued and said: “These are honestly the only two I’m interested in in the mid term. I think that they’ll survive and do pretty well. I am being careful with which coins I want to hold for medium terms and I would rather just day trade other stuff when this crazy volatility dies a bit.”
Solana’s massive recent gains revealed
The latest reports coming from the online publication CoinDesk note that Dogecoin (DOGE) and Solana (SOL) rose to lead gains among major cryptos amid a broader market recovery.
Crypto market capitalization increased some 4.5% after sliding under $1 trillion earlier this week and touching levels previously seen in early 2021, according to the same reports.