Binance Coin (BNB) has reached a new all-time high, surpassing $750 and giving it a market cap of $109 billion. The altcoin has seen a surge of 16.65% in the past 24 hours, with 30-day returns of 35.33%, indicating a continued bullish trend. The price is approaching the $800 milestone, with a potential supply zone forming between $800 and $812. A retest at the previous peak of $724.70 may occur before the bullish trend continues. Technical indicators, such as the EMA lines and MACD, support the uptrend. The open interest of BNB has risen by 35.20%, reflecting a bullish sentiment among traders. If the bullish trend continues, BNB may breach $800 and potentially aim for the $923.30 level based on Fibonacci levels. Support is found at $724.70 and $655.90.
- Content Editor ( thecryptobasic.com )
- 2024-12-04
Binance Coin Hits New All-Time High Price: Is $920 Next?