BNB Price Prediction: Breaking This Barrier Could Spark a Significant Surge

Dec 14, 2022 08:00 pm Cryptocurrency 129
BNB Price Prediction: Breaking This Barrier Could Spark a Significant Surge

BNB price (Binance coin) found support near $255 against the US Dollar. BNB is rising and might gain pace if it clears the $285 resistance zone.


  • Binance coin price started a recovery wave from the $255 support against the US Dollar.

  • The price is now trading below $280 and the 100 simple moving average (4-hours).

  • There is a major bearish trend line forming with resistance near $285 on the 4-hours chart of the BNB/USD pair (data source from Binance).

  • The pair could start a fresh rally if it clears the $285 and $290 levels.

    • Binance Coin Price Aims Upside Break


    After a steady decline, BNB price settled below the $280 level. It tested the $255 support zone and traded as low as $253.8. Recently, there was a recovery wave above the $260 level, similar to bitcoin and ethereum.


    The price climbed above the $265 and $268 ..

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