BNB Price Zooms 10%, Here Are Next Possible Barriers For Bulls

Mar 8, 2024 08:00 am Cryptocurrency 52

BNB price is gaining bullish momentum above the $450 resistance. The price is signaling a strong uptrend and might soon surpass the $500 resistance.

BNB price is showing bullish signs above the $450 resistance level.

The price is now trading above $465 and the 100 simple moving average (4 hours).

There was a break above a connecting trend line with resistance at $430 on the 4-hour chart of the BNB/USD pair (data source from Binance).

The pair could continue to rise toward the $500 resistance zone or even $520.

BNB Price Extends Rally

In the last BNB price prediction, we discussed the chances of more gains above the $400 resistance zone. The bulls did remain active and were able to push the price above the $400 level.

BNB is now outperforming Bitcoin and Ethereum with a move above the $450 resistance. ..

Support the originator by clicking the read the rest link below.