CandleFocus BNB Price Prediction: A New All-Time High SOON?
2024-09-23
Author: Content Editor
The price of BNB has been experiencing bullish momentum, breaking key resistance levels and indicating potential for further gains. The recent surge past the 100-day SMA has sparked optimism among traders and the cryptocurrency is approaching the $650 resistance mark. If BNB is able to surpass this level, it could open the doors to even higher prices. However, the cryptocurrency is currently in a consolidation phase near $600 and may face a downside correction if it fails to clear the $620 resistance. Nevertheless, technical indicators remain bullish and the coming sessions will determine whether BNB can continue its upward trend.
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