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

Ďalšie články zverejnené 15. 2. 2024

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