BNB, the native cryptocurrency of the BSC network, has undoubtedly been one of the winning altcoins scene the bull market began. The price has been able to go from around $200 to over $600 in the space of a year, notching over 200% gains in the process. However, it seems that this outperformance by the altcoin is coming to an end, as an analyst predicts that it is about to hit massive resistance that could stop its growth dead in its path. BNB Headed For Mounting Resistance In an analysis that was shared on the TradingView website, crypto analyst Trade City Pro revealed that the BNB token might have to fighting massive resistance soon. The analyst points out that this is a culmination of the bullish rally that the altcoin has seen in the last year, and now bears are maki g their stand. Related Reading: Bitcoin Analyst Reveals Why $57,938 Is The Level To Watch This Week The analyst points to Bitcoin’s performance during this time as something that could help to pinpoint where the BNB price is ..
Support the originator by clicking the read the rest link below.
