BNB Price Increase To Continue? This Resistance Could Trigger Fresh Rally

Feb 5, 2024 08:00 am Cryptocurrency 100
BNB Price Increase To Continue? This Resistance Could Trigger Fresh Rally

BNB price is attempting a fresh increase from the $288 zone. The price could start a fresh rally if there is a clear move above the $310 resistance.


  • BNB price is showing bullish signs above the $300 pivot level.

  • The price is now trading below $310 and the 100 simple moving average (4 hours).

  • There is a key bearish trend line forming with resistance near $306 on the 4-hour chart of the BNB/USD pair (data source from Binance).

  • The pair gather bullish momentum if there is a close above the $308-$310 resistance zone.

    • BNB Price Eyes Fresh Rally


    In the past few days, BNB price started a decent increase and cleared the $300 resistance zone, unlike Bitcoin and Ethereum. There was a move above the $305 level before the bears appeared.


    A high was formed near $313 and the price recently ..

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