Binance <span class="wpg-tooltip-term-title">Coin</span></h3><div class="wpg-tooltip-content">A coin is a unit of digital value. When describing cryptocurrencies, they are built using the bitcoin technology and have no other value unlike tokens which have the potential of software being built with them.<p class="wpg-read-more"><a href="https://www.newsbtc.com/dictionary/coin/">» Read more</a><p></div>”>coin price started a fresh rally above the $250 resistance against the USDT. BNB is gaining momentum and it is likely to clear the $300 barrier in the near term.
- Binance <span class="wpg-tooltip-term-title">Coin</span></h3><div class="wpg-tooltip-content">A coin is a unit of digital value. When describing cryptocurrencies, they are built using the bitcoin technology and have no other value unlike tokens which have the potential of software being built with them.<p class="wpg-read-more"><a href="https://www.newsbtc.com/dictionary/coin/">» Read more</a><p></div>”>coin price started a fresh rally above the $250 and $260 resistance levels against the USDT.
- The price is now trading well above $260 and the 100 simple moving average (4-hours).
- There is a key bullish trend line forming with support near $245 on the 4-hours chart of the BNB/USDT pair (data source from Binance).
- The pair is likely to resume its upward move above the $285 and $290 resistance levels in the near term.
Binance <span class="wpg-tooltip-term-title">Coin</span></h3><div class="wpg-tooltip-content">A coin is a unit of digital value. When describing cryptocurrencies, they are built using the bitcoin technology and have no other value unlike tokens which have the potential of software being built with them.<p class="wpg-read-more"><a href="https://www.newsbtc.com/dictionary/coin/">» Read more</a><p></div>”>Coin Price Revisit $300
After forming a base above $200, binance <span class="wpg-tooltip-term-title">Coin</span></h3><div class="wpg-tooltip-content">A coin is a unit of digital value. When describing cryptocurrencies, they are built using the bitcoin technology and have no other value unlike tokens which have the potential of software being built with them.<p class="wpg-read-more"><a href="https://www.newsbtc.com/dictionary/coin/">» Read more</a><p></div>”>coin started a fresh increase. BNB broke the $220 resistance and recently surpassed the main $250 resistance zone.
It opened the doors for a sharp rally above the $275 and $285 resistance levels. The price traded as high as $297 and is currently correcting lower. BNB declined below the 23.6% Fib retracement level of the upward move from the $214 low to $297 high.
Source: BNBUSDT on TradingView.com
It is still trading well above $260 and the 100 simple moving average (4-hours). The bulls are protecting the $265 and $260 support levels. The next major support is near the $255 level. It is