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BNB price is struggling to stay above the $500 support zone. The price could gain bearish momentum if there is a close below the $500 support. BNB price started a fresh decline from the $540 resistance zone. The price is now trading below $520 and the 100-hourly simple moving average. There is a short-term rising… Continue reading BNB Price Struggles to Hold $500: Is a Breakout Coming?
BNB is currently under increasing bearish pressure, potentially setting it on a path toward the $500 mark. As sellers strengthen their control, the cryptocurrency seems poised for a further drop to this crucial support level, raising the question, will BNB manage to break through these bearish barriers and move toward its target, or will it… Continue reading BNB Battles Persistent Bearish Pressure, Will $500 Be The Next Stop?
BNB price is struggling to stay above the $550 support zone. The price could start a fresh increase if it clears the $560 resistance zone. BNB price started a fresh decline from the $592 resistance zone. The price is now trading below $565 and the 100-hourly simple moving average. There is a connecting bearish trend… Continue reading BNB Price Faces Challenges: Will It Hold $550 and Bounce Back?
BNB price is recovering higher from the $500 support zone. The price is now showing positive signs and might aim for more upsides above $535. BNB price started a recovery wave from the $500 support zone. The price is now trading above $515 and the 100-hourly simple moving average. There is a key rising channel… Continue reading BNB Price Back on Track: Can It Break $535 to Move Higher?
BNB price is recovering higher from the $400 support zone. The price is now facing hurdles at $490 and might remain at risk of another decline. BNB price started a recovery wave from the $400 support zone. The price is now trading below $500 and the 100-hourly simple moving average. There is a key bearish… Continue reading BNB Price Recovery Faces Setbacks: What Risks Lie Ahead?
The BNB Smart Chain (BSC) experienced a mixed performance in the second quarter (Q2) of the year as the broader cryptocurrency market cooled off after a strong price surge in March. While BNB, the native token of the BSC, remained mostly flat, down 5% quarter-over-quarter (QoQ), the network’s key metrics showed both positive and negative… Continue reading BNB Chain TVL Slumps 24% In Q2, Yet Vital Metrics Surge In Double Digits
BNB has demonstrated significant bullish momentum, with a positive candlestick crossing the 100-day Simple Moving Average (SMA) in the 4-hour timeframe. The previous market scenario reveals that the digital currency has faced multiple rejections at the $572 level. This persistent resistance has cleared a path for the bulls to take charge and drive the price… Continue reading BNB Eyes $605 After Breaking Key Resistance: Can The Bulls Maintain Momentum?
BNB price is holding the $565 support zone. The price is now consolidating and might aim for more gains above $590 in the near term. BNB price started a decent upward move from the $565 support zone. The price is now trading above $580 and the 100-hourly simple moving average. There was a break above… Continue reading BNB Price Targeting $600: Can It Reclaim This Milestone?
Binance has received court approval allowing it to invest customer fiat funds into US Treasury Bills (T-Bills) after a year of heightened scrutiny of Binance’s operations in the United States. The decision has resulted in a notable price recovery for the exchange’s native token, Binance Coin (BNB), pushing it toward the $600 level. Court Grants… Continue reading Binance Secures Approval To Invest US Customer Fiat Funds In US T-Bills, BNB Price Surges
Currently, the price of BNB has been attempting a bullish momentum movement toward the bullish trendline. This bullish move which is the second attempt the crypto asset is making after a successful break below the trendline is sparking up optimism among traders and investors alike that a break above could ignite a potential rally toward… Continue reading BNB Price Rally Imminent? Trendline Break Could Ignite Surge To $635