BNB Price Breaks $600, Why Bulls Could Now Aim New ATH

Mar 14, 2024 06:00 am Cryptocurrency 70

BNB price is gaining bullish momentum above the $550 resistance. The price is showing positive signs and might extend its rally above $650.

BNB price is up over 15% and it broke the $600 resistance zone.

The price is now trading above $580 and the 100 simple moving average (4 hours).

There is a key bullish trend line forming with support at $598 on the 4-hour chart of the BNB/USD pair (data source from Binance).

The pair could continue to rise toward the $650 resistance zone or even $700.

BNB Price Extends Rally

In the last BNB price prediction, we discussed the chances of more gains above the $500 resistance zone. The price continued to rise and broke many hurdles near the $550 level.

BNB is now outperforming Bitcoin and Ethereum with a move above the $580 resistance. It is up over 10% today and ..

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