Binance coin price is up over 35% and it is extended its rally above $200 against the USDT. BNB traded to a record high at $238 and it seems like there are chances of more upsides.
- Binance coin price extended its rally above the $175 and $200 resistance levels against the USDT.
- The price traded to a new all-time high at $238 and it settled well above the 100 simple moving average (4-hours).
- There was a break above a couple of bullish continuation patterns at $170 and $200 on the 4-hours chart of the BNB/USDT pair (data source from Binance).
- There is consolidating gains and it is likely to continue higher towards $250 and $275.
Binance Coin Price Rallies 35%
In the past few days, binance coin gained a strong bullish momentum above the $100 level. BNB price outperformed bitcoin and …