BNB Price Could Resume Upside Unless The Bulls Fail At $610

Mar 27, 2024 06:00 am Cryptocurrency 61

BNB price is attempting a fresh increase from the $500 zone. The price could gain bullish momentum if it clears the $588 and $610 resistance levels.

BNB price started a fresh increase above the $520 and $540 levels.

The price is now trading above $575 and the 100 simple moving average (4 hours).

There is a key bullish trend line forming with support near $580 on the 4-hour chart of the BNB/USD pair (data source from Binance).

The pair could attempt a fresh rally if it clears the $610 resistance zone.

BNB Price Eyes Fresh Surge

After a downside correction from $645, BNB price found support near the $500 zone. A low was formed at $498 and the price started a fresh increase, like Ethereum and Bitcoin.

There was a move above the $520 and $550 resistance levels. The bulls pushed the price above the 50% ..

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