According to data from CoinMarketCap, the Binance Coin (BNB) recorded a trading week with no significant events, resulting in a net gain of 1.78%. Amidst much uncertainty in the crypto market, the altcoin has experienced a major dual price trend in February resulting in a price change of <1% in this period. Following recent developments,…
View More Binance Coin Critical Test: Will BNB Hold Or Plunge To $214?
Amid today’s market retrace, BNB is leading the market with a 9% surge and surpassed Solana after flipping the cryptocurrency’s market cap. Some analysts suggest BNB’s breakout could attempt to reclaim the $700 level and target new highs. BNB Leads The Crypto Market On Wednesday, the crypto market recorded another retrace, with Bitcoin (BTC) falling…
View More BNB Flips Solana’s Market Cap Amid Market Retrace – Breakout To $700 Coming?
BNB price is consolidating above the $620 support zone. The price is consolidating and might aim for a fresh increase above the $675 resistance. BNB price is struggling to settle above the $700 pivot zone. The price is now trading below $680 and the 100-hourly simple moving average. There is a key bearish trend line…
View More BNB Steadies Above Support: Will Bullish Momentum Return?
In the past 24 hours, the price of Binance Coin (BNB) increased by 5%, which is indicative of a consistent upward motion. BNB, which just broke the vaunted $600 barrier, is attracting the market’s focus due to indications of bullish momentum. However, the data at CoinCheckup suggests that BNB is trading about 20% below its…
View More Binance Coin Breaks $600! Is There More Upside Ahead For BNB?
On Friday, November 1, the BNB Foundation announced the successful completion of the 29th quarterly burn by the BNB Chain. This latest event of the routine token burn reiterates the project’s commitment to a deflationary approach in order to ensure growth. A total of 1,772,712.363 BNB tokens (worth approximately $1.07 billion) were automatically burned in…
View More BNB Token Burn: $1 Billion Of Tokens Sent To ‘Black Hole’ Address — Impact On Price?
BNB price corrected gains from the $612 level. The price is now showing a few bearish signs while Bitcoin and Ethereum eye additional gains. BNB price started a downside correction from the $612 resistance zone. The price is now trading below $595 and the 100-hourly simple moving average. There is a connecting bearish trend line…
View More BNB Price Slips as Peers Climb: Can It Regain Ground?
BNB price corrected gains below the $580 level. The price is now recovering higher and facing hurdles near the $590 resistance zone. BNB price started a downside correction from the $600 resistance zone. The price is now trading below $590 and the 100-hourly simple moving average. There was a break above a connecting bearish trend…
View More BNB Price Aims To Reclaim $600: Will The Bulls Succeed?
BNB price corrected gains below the $605 level. The price is now holding the key $588 support and might aim for a fresh increase. BNB price started a downside correction from the $612 resistance zone. The price is now trading below $600 and the 100-hourly simple moving average. There is a key bullish trend line…
View More BNB Price Poised for Fresh Increase: Will Momentum Build?