CandleFocus BNB Price: Analyst's Step-by-Step Guide to $1,000 Target
2024-12-02
Author: Content Editor
The article states that Binance Coin (BNB) has been trading in a sideways pattern for the past four days. However, it has recently fallen below an important technical indicator called the Exponential Moving Average (EMA) on the daily chart. Despite this, the article mentions that several key on-chain metrics and an analyst's opinion suggest that the price of BNB could potentially surpass the $1,000 target.
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