BNB Reclaims Breakout Level, Targets New All-Time High

[waybesuricata]

BNB reached an all-time high of $47.21 on Jan. 19, but has been decreasing since.

 

Despite the drop, BNB has validated the previous breakout level as support and is expected to continue increasing towards the targets given below.

All-Time High
On Dec. 29, BNB reached a high of $39.99, breaking the previous all-time high price of $39.59. It continued to increase and reached a high of $47.21 on Jan. 19, an all-time high price that still stands. However, after generating bearish divergence in both the RSI & the MACD, the coin’s price dropped. The decrease, though, only served to validate the $38 area as support.

Source and continuation of the article:  https://beincrypto.com/bnb-reclaims-breakout-level-targets-new-all-time-high/

[TomPluz]

Three years ago, I received 20 BNB as my prize for a contest sponsored by Binance itself. Unfortunately, by the time I really need the money I sold for just $5 a piece. When the price reached the $20 level, I realized the big mistake I made. So when I received 2 BNB last year, I decided to keep it for the long haul. I have a high faith that one day, BNB can be more than $100 each all because this is representing everything that Binance is into.