Cryptocurrency

Propel

<ul>
 <li>On the daily chart, <a href="https://www.coingabbar.com/en/crypto-currency/binancecoin-bnb-prices-usd" title="BNB" class="f-link" rel="noopener noreferrer nofollow">BNB</a> is nearing a breakout point at the Neckline of an Inverted Head and Shoulder pattern.</li>
 <li>Following a bullish breakout from flag pattern resistance, suggesting a substantial near-term rally.</li>
 <li>#Binance&nbsp;price has initiated a significant increase, surpassing the $335 resistance zone, which contrasts with #Bitcoin and #Ethereum trends.</li>
 <li>A potential fresh rally could ensue if the price convincingly breaches the $350 resistance level.</li>
 <li>If $BNB successfully breaches the Neckline and surpasses the $350 resistance, there's potential for the price to reach $400-$460 in the near future.</li>
 <li>As per <a href="https://www.coingabbar.com/en/price-analysis" title="CoinGabbar Prediction" class="f-link" rel="noopener noreferrer nofollow">CoinGabbar Prediction</a>, #Binance price breaks free from a week-long sideways trading pattern, displaying a positive trend.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $350-$360
SUPPORT LEVEL : $333-$324
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Can Market Resurgence Propel Binance Beyond $350

Coingabbar

Other articles published on Feb 15, 2024

Ethereum Poised to Surge Towards $3,000 as Bitcoin Holds Above $51k

These Altcoins are Positioning Themselves for Trend Continuation: Will They Form New ATH in 2024?

Ethereum (ETH) Jumps to Highest Level Since March 2022

Bitcoin Price Prediction:Market Rally Shows Signs of Cooling

ChatGPT’s Top Three Altcoins To HODL – Uniswap, NuggetRush and Binance Coin

XRP Poised for Breakout? Analyst Sees Echo of Past 50% Rally After Bitcoin Breaches $50K

Join our free newsletter for daily crypto updates!