I tend to enjoy trading one coin based off of the performance of another one.

The great Ethereum decoupling has finally occured, and ETH is leading BTC in price right now. As I said in one of my previous articles, this is extremely bullish for ETH, and all alts built upon the ERC-20 protocol. 

So why do I think BNB would run? It has been a dead coin for years now.

Well, here are my reasons.

First, Binance is on a listing spree. They're listing brand new DeFi tokens to the space, and as the pioneer crypto exchange, they're bound to get scores of new users everyday.

These new users would obviously want to reduce their fees, so they'd buy BNB to use to pay fees. This action of buying BNB is good, because it reduces circulating supply while increasing market cap. Über bullish.

Second is the technicals. And boy, at they sound.

The BNB chart is a work of art. A full accumulation, followed by a break above multi year resistance, and then a mega rally.

This was what happened for XLM and is happening for XRP. BNB is on stage two of this.

Once it reaches stage three, and breaks above multi year resistance, it would be an unstoppable object that would test through price like no man's business.

These are the reasons I feel that BNB could pump like ETH. As always, I may be a technical analyst, but I'm no financial advisor. Please take all this as educational content, and not a reason to be bullish on BNB.

Thanks for reading.