An ongoing bull run in the Binance market saw its native token BNB achieving another record high level on Tuesday. The BNB/USD exchange rate rose by up to 23.77 percent to touch $99 for the first time in history as euphoria about growing cryptocurrency adoption among corporates and institutional investors grew among retail traders. BNB,…
Binance Coin just set yet another new all-time high today, taking out resistance set back in 2019. With the resistance level now cleared and potentially flipped to support, what are the likely targets for the native exchange token? Binance Coin Breaks Out Alongside New User Surge Binance made its debut just ahead of the last…
Binance’s native token BNB was among the few gainers on Tuesday as the rest of the high-cap cryptocurrency assets corrected lower. Binance Coin trades inside a medium-term ascending parallel channel. Source: BNBUSD on TradingView.com Binance Coin trades inside a medium-term ascending parallel channel. Source: BNBUSD on TradingView.com The BNB/USD exchange rate climbed up to 13.47…
Binance coin price is up over 7% and it is outperforming bitcoin against the USDT. BNB could rally further if it clears the $35.50 resistance zone in the near term. Binance coin price is gaining bullish momentum above the $32.00 resistance against the USDT. The price is testing a major hurdle near $35.50 and the…
Binance Coin (BNB), the native token of Binance Chain and Binance Smart Chain (BSC), surged by 55% in 13 days. Some high-profile investors anticipated the strong performance of BNB following the release of BSC. The daily price chart of Binance Coin. Source: BNBUSDT on TradingView.com On September 12, Kelvin Koh at the Asia-based cryptocurrency investment…
Bitcoin is surging but the rest of the crypto space isn’t following its lead this time around. Instead, many of the DeFi darlings that led the last bullish impulse, have fallen 10% or more in the last 24 hours. What’s going on with the previously parabolic Chainlink, Yearn.Finance, and Binance Coin? Here’s the good, the…
Binance coin price is up over 5% and it is outperforming bitcoin against the USDT. BNB could rally further to a new monthly high if it breaks the $24.00 resistance zone. Binance coin price is gaining bullish momentum above the $22.80 resistance against the USDT. The price is approaching a key resistance near the $23.75…
BNB, the native token of Binance crypto exchange, extended its rally on Wednesday to hit its five-month high. The latest upside move came after Binance Launchpad announced its support for a $3 million IEO by the Sandbox Game. It flipped BNB above a crucial resistance level, with an analyst predicting a bullish continuation towards an…
Binance’s native token BNB surged by more than 20 percent after its CEO Changpeng Zhao announced his plans to launch an in-house decentralized finance product. The BNB/USD exchange rate on Sunday established its quarter-to-date high at $22.94. It is now looking to extend its upside momentum towards $27, according to many crypto-analysts. BNB, the native…
Binance Coin has been consolidating within a narrow trading range. Its price action has been mostly contained between the $15 support level, and the $18 resistance over the past two months.From a technical perspective, the ongoing stagnation phase forced the Bollinger bands to squeeze BNB’s 1-day chart. Squeezes are indicative of periods of low volatility…