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Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: LeziT on February 19, 2021, 09:28:24 AM

Title: Binance Coin (BNB) Surges Towards $250, Why Bulls Are Not Done Yet
Post by: LeziT on February 19, 2021, 09:28:24 AM

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.

1. Binance coin price extended its rally above the $175 and $200 resistance levels against the USDT.

2. The price traded to a new all-time high at $238 and it settled well above the 100 simple moving average (4-hours).

3. 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).

4.There is consolidating gains and it is likely to continue higher towards $250 and $275.

Charted: Binance Coin (BNB) Surges Towards $250, Why Bulls Are Not Done Yet
https://cryptonews.net/472215/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared (http://Charted: Binance Coin (BNB) Surges Towards $250, Why Bulls Are Not Done Yet
https://cryptonews.net/472215/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)

Title: Re: Binance Coin (BNB) Surges Towards $250, Why Bulls Are Not Done Yet
Post by: Nikawe on February 22, 2021, 03:55:59 PM

Quote from: Marvel on February 19, 2021, 09:28:24 AM

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.

1. Binance coin price extended its rally above the $175 and $200 resistance levels against the USDT.

2. The price traded to a new all-time high at $238 and it settled well above the 100 simple moving average (4-hours).

3. 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).

4.There is consolidating gains and it is likely to continue higher towards $250 and $275.

Charted: Binance Coin (BNB) Surges Towards $250, Why Bulls Are Not Done Yet
https://cryptonews.net/472215/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared (http://Charted: Binance Coin (BNB) Surges Towards $250, Why Bulls Are Not Done Yet
https://cryptonews.net/472215/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)

Binance coins the highest price $347  (ATH) . But today price decreased. Binance Coin price today is $256.64 USD with a 24-hour trading volume of $7,158,840,085 USD. Binance Coin is down 12.68% in the last 24 hours. The current CoinMarketCap ranking is #3