Binance Coin has risen to a new high of $20 high. Price accelerated upward after breaching the previous resistance at $18.
Before now the market has been consolidating above $17.50 as bulls made an effort to push price above the $18 resistance. After five days of consolidation, BNB rebounded to break the $18 resistance.
The market reached a high of $19 but pulled back to $18.50 to resume the current uptrend. BNB has risen to the recent high at $20. The bulls and bears are still contesting the recent high as the coin reaches the overbought region. A downward move may follow if the recent high is repelled.
Source:
https://coinidol.com/binance-coin-breaches-resistance/