BNB Price Starts Its Journey Toward $500, Why Dips Turned Attractive

Feb 26, 2024 08:00 am Cryptocurrency 87

BNB price is gaining bullish momentum above the $350 resistance. The price looks set for more gains above the $400 resistance in the near term.

BNB price is showing bullish signs above the $365 resistance level.

The price is now trading above $375 and the 100 simple moving average (4 hours).

There is a key bullish trend line forming with support at $380 on the 4-hour chart of the BNB/USD pair (data source from Binance).

The pair could continue to rise toward the $400 resistance zone or even $422.

BNB Price Extends Increase

In the last BNB price prediction, we discussed the chances of more gains above the $365 resistance zone. The bulls did remain active and were able to push the price above the $375 level.

BNB outperformed Bitcoin and Ethereum with a move above the $380 resistance. A high ..

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