Binance Coin (BNB) Gains 5%, Technicals Indicate Fresh Monthly High Above $24

2020-8-28 10:48

Binance coin price is up over 5% and it broke the $23.00 resistance against the USDT. BNB is likely to continue higher and it could even surpass $24.00 and $25.00.

Binance coin price is gaining bullish momentum above the $22.50 resistance against the USDT. The price is approaching a major hurdle near the $23.80 and $24.00 resistance levels. There was a break above a major bearish trend line with resistance near $22.25 on the 4-hours chart of the BNB/USDT pair (data source from Binance). Bitcoin start a fresh increase above $11,500 if BNB rallies further above $24.00. Binance Coin Price Rising Steadily

After retesting the $21.00 support level, binance coin started a fresh increase. BNB price traded as low as $20.99 and recently climbed above the $21.50 and $22.00 resistance levels.

The upward move was such that the price even surpassed the $22.50 resistance and the 100 simple moving average (4-hours). More importantly, there was a break above a major bearish trend line with resistance near $22.25 on the 4-hours chart of the BNB/USDT pair.

The price is up over 5% and it traded as high as $23.59. It is currently consolidating gains and trading near the $23.15 level. An initial support is near the $23.00 level or the 23.6% Fib retracement level of the recent increase from the $20.99 low to $23.59 high.

Binance coin price trades above $23.00. Source: TradingView.com

The first major support is near the recent breakout zone at $22.50 and the 100 simple moving average (4-hours). The 50% Fib retracement level of the recent increase from the $20.99 low to $23.59 high is also near the $22.29 level.

On the upside, the price is facing a major hurdle near the $23.80 and $24.00 resistance levels. A successful break above the $24.00 resistance could open the doors for a push towards the $25.00 level.

Dips Supported in BNB

If BNB fails to clear the $23.80 and $24.00 resistance levels, it could start a downside correction. An initial support is seen near the $22.50 level (a multi-touch zone).

The main support is near the 100 SMA and $22.20. Any further losses may perhaps push the price back towards the range support zone at $21.00 in the near term.

Technical Indicators

4-Hours MACD – The MACD for BNB/USDT is gaining momentum in the bullish zone.

4-Hours RSI (Relative Strength Index) – The RSI for BNB/USDT is currently well above the 60 level.

Major Support Levels – $23.00, $22.50 and $22.20.

Major Resistance Levels – $23.80, $24.00 and $25.00.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Binance Coin (BNB) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $562.5
Капитализация $0 Rank 99999
Цена в час новости $ 23.04 (-100%)

binance coin above price bnb higher continue

Источник: newsbtc.com

binance coin → Результатов: 126


Фото:

Binance Coin имеет потенциал роста на новостях об окончания срока заключения экс-главы Binance

Основатель криптобиржи Binance может выйти на свободу из тюрьмы США уже сегодня. Binance Coin (BNB), четвертая по величине криптовалюта с капитализацией более 88 млрд долларов, может потенциально вырасти.

2024-9-28 19:05


Фото:

Binance Coin за сутки вырос более чем на 8%

Цифровая валюта Binance Coin (BNB) за последние 24 часа выросла на 8,5%. Инвесторы стали возвращаться в этот актив после улучшения позиций крупнейшей криптовалютной биржи Binance. Она начала согласовывать режим регулирования своей деятельности в нескольких юрисдикциях.

2023-11-21 15:01


Binance Coin упал до минимума с июня 2022 года

Binance Coin (BNB) теряет в стоимости на протяжении последних нескольких месяцев. Судебные иски против биржи Binance и ее основателя Чанпэна Чжао сильно подорвали привлекательность цифровой валюты.

2023-8-23 00:08


Binance Coin подешевел за неделю более чем на 25%

За минувшие сутки Binance Coin (BNB) укрепился примерно на 8% до $248. Тем не менее с 5 про 12 июня стоимость криптовалюты упала более чем на 25%. Основной причиной такого обвала стал судебный процесс против Binance Holding Ltd, запущенный Комиссией по ценным бумагам и биржам (SEC).

2023-6-17 12:11


Binance Coin подешевел за неделю более чем на 25%

За минувшие сутки Binance Coin (BNB) укрепился примерно на 8% до $248. Тем не менее с 5 про 12 июня стоимость криптовалюты упала более чем на 25%. Основной причиной такого обвала стал судебный процесс против Binance Holding Ltd, запущенный Комиссией по ценным бумагам и биржам (SEC).

2023-6-14 16:17


Технические индикаторы указывают на скорый рост Binance Coin

Курс Binance Coin (BNB) игнорирует судебный иск CFTC против криптобиржи Binance и пытается нащупать поддержку, чтобы запустить мощное ралли. Binance решили засудить 27 марта стало известно, что крупнейшая в мире криптовалютная биржа Binance Holdings Ltd.

2023-3-31 18:56


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin Price Forecast: What To Expect In The Final 24 Hours Before US Election

As the US presidential election approaches, the Bitcoin price has found a stable support range between $68,000 and $69,000, just shy of its all-time high earlier this year.   While the cryptocurrency has struggled to surpass this significant milestone, investor sentiment remains cautiously optimistic, with expectations for further price increases tempered by anticipated market volatility in the upcoming hours.

BNB price unfazed as Binance burns 1.7M tokens

Binance has burned over 1.7 million BNB tokens as a part of its quarterly burning initiative. On Nov. 1, Binance, the world’s largest cryptocurrency exchange in terms of trading volume, announced its 29th quarterly BNB token burn, where it removed…

Crypto turns green as Bitcoin flirts with $73k

Most cryptocurrencies are trading in the green in the past 24 hours, as Bitcoin price rose to $73,000 to push the global crypto market cap to $2.45 trillion. This happens as Bitcoin (BTC), the flagship digital asset, topped $73,000 on…