Binance Coin Pushes on the Upside, Battles the Resistance at $470

[Rockalo]

Binance Coin (BNB) price has continued its uptrend after breaking above the moving averages. Moreover, the BNB price is trying to break through the initial resistance at $470. A break above this resistance will allow the altcoin to rally to $520 or $560.

In the last price action, Binance Coin was met with resistance at $470 as the altcoin fell to a low of $394, but the bulls bought the dips. Today, BNB is retesting the resistance level to overcome it. However, the price indicator shows that the altcoin has reached the overbought zone of the market. That is, the upward movement of the crypto is doubtful. More information: please click here