Binance Coin, Terra & Ethereum — Asian Wrap 11 January

Binance has been attempting to establish itself not only as the biggest cryptocurrency exchange but also as a completely transparent organization. This attempt was threatened on Tuesday when reports emerged alleging a gap in the backing of the Binance-pegged BUSD is undercollateralized.

Terra’s Luna Classic price could rally an additional 17% in the coming days. The bears will face a challenge near December’s monthly high if market conditions persist. Terra’s Luna Classic price is setting up a profitable opportunity in the near future.

Ethereum price is performing resilient uptrend price behavior that has yet to show signs of retreat. The next surge could prompt a 10% rally in the coming days. Ethereum price is displaying bullish signs that are hard to ignore.


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