Token

Rise

Coin

<p>The major cryptocurrency BNB has seen its price jump significantly this week, rising over 10% in the last 7 days. At press time, BNB was trading at <a href="https://www.coingecko.com/en/coins/bnb" target="_blank" rel="noopener noreferrer nofollow">$381.15</a> according to CoinGecko data, up 4.58% in the last 24 hours alone.</p>
<h2 class="wp-block-heading" id="strong-analysis-and-events-fueling-bnb-s-rise-strong"><strong>Analysis and Events Fueling BNB’s Rise</strong></h2>
<p>BNB has shown impressive resilience and momentum amid the market volatility lately. While Bitcoin struggles above $50,000 resistance, altcoins like BNB are rapidly recovering lost ground.</p>
<p>In the past month, BNB prices have spiked nearly 30%, regaining a $60 billion market cap. However, they remain 45% below BNB’s record high of $690.93. Now, <a href="https://www.tradingview.com/chart/BNBUSD/VyfdKdYs-Binance-aims-to-breach-400-eyes-10-hike/" target="_blank" rel="noopener noreferrer nofollow">according</a> to Coinpedia’s latest technical analysis, growing evidence suggests that BNB may be gearing up to test or even surpass this previous peak.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="361" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-823-1024x361.png" alt="" class="wp-image-442170" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-823-1024x361.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-823-300x106.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-823-766x270.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-823-1536x542.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-823-2048x722.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-823-425x150.png 425w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-823-100x35.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-823-993x350.png 993w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-823-788x277.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-823.png 1211w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Several key drivers highlighted in the report explain why analysts are turning bullish:</p>
<ul>
 <li><strong>Price Action Signals</strong>: BNB shows a classic V-shaped reversal and rounding bottom pattern with support at $350. This indicates a solid uptrend has formed.</li>
 <li><strong>Trading Activity</strong>: Volumes spiked as BNB surged 7% overnight to hit $379. The bullish candle patterns reinforce the emerging trend.</li>
 <li><strong>Momentum Metrics:</strong> BNB’s ADX line saw a massive spike just as prices broke out upwards, reflecting an explosion of trend momentum.</li>
</ul>
<p>With these tailwinds, BNB looks well-positioned to continue running higher in the days and weeks ahead.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>The key? Getting in early, especially during the IDO phase. <strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow">Get in on NuggetRush</a></strong> now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the<strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"> current ICO prices</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="strong-upside-targets-for-bnb-in-the-near-and-long-term-strong"><strong>Upside Targets for BNB in the Near and Long Term</strong></h2>
<p>If positive sentiment endures, analysts expect BNB may soon break above the psychological $400 level initially, with tougher resistance anticipated around $440. In the long term, given the regained bullish momentum beyond $350, BNB seems capable of revisiting or even exceeding its previous peak value of $690 in the future. This would represent over 80% upside from the current trading price.</p>
<p>You may also be interested in:</p>
<ul>
 <li><a href="https://captainaltcoin.com/prom-token-hits-the-bulls-heres-why-this-nft-gaming-token-could-surge-even-more/" target="_blank" rel="noopener noreferrer nofollow">Prom Token Hits the Bulls: Here’s Why This NFT Gaming Token Could Surge Even More</a></li>
 <li><a href="https://captainaltcoin.com/fetch-ai-soars-amid-major-exchange-announcement-top-analyst-says-fet-is-trying-to-print-new-all-time-highs-heres-his-outlook/" target="_blank" rel="noopener noreferrer nofollow">Fetch.ai Soars Amid Major Exchange Announcement; Top Analyst Says FET is ‘Trying to Print New ATHs’ – Here’s His Outlook</a></li>
 <li><a href="https://captainaltcoin.com/spacex-accepts-doge-for-payments-will-this-popular-memecoin-be-next/" target="_blank" rel="noopener noreferrer nofollow">SpaceX Accepts $DOGE for Payments — Will This Popular Memecoin Be Next?</a></li>
</ul>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check NuggetRush ($NUGX)</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy NUGX Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/bnb-blasts-past-this-key-level-heres-how-high-prices-could-go-if-uptrend-persists/" rel="noopener noreferrer nofollow">Binance Coin Blasts Past This Key Level: Here’s How High BNB Prices Could Go If Uptrend Persists</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Binance Coin Blasts Past This Key Level: Here’s How High BNB Prices Could Go If Uptrend Persists

목차

CaptainAltcoin

2024년 2월 22일에 게재된 다른 기사

Top Crypto to Watch This Bull Market Season

Reddit Joins the Cryptocurrency Surge by Investing in Bitcoin and Ethereum

XRP Price Prediction: Bulls Take Hit But This Level Could Trigger Another Increase

BNB Price Continues to Surge – Will It Hit $400 This February?

Ethereum Breaks Back Above $3,000, Will FOMO Lead To Top Again?

NodeShift Raises $3.2M to Offer Decentralised Computing Power to Developers

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!