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 the $635 resistance mark. As BNB’s bullish sentiment continues to build, this article aims to analyze its current price actions and technical indicators pointing toward sustained growth to provide readers with adequate insight into BNB’s potential future actions. BNB’s price is currently trading at around $580, up by 4.15% with a market capitalization of over $85 billion and a trading volume of over $1 9 billion as of the time of writing. In the last 24 hours, there has been a 24-hour increase of %3.82 in BNB’s market capitalization and a 7.89% decrease in its trading volume. Technical Analysis: Key Trendline And A Potential Rally In Focus Currently, the price of BNB on the 4-hour chart is trading above the 100-day Simple Moving Average (SMA), attempti ..
Support the originator by clicking the read the rest link below.
