cryptd.in

LinkedIn alternativo per i talenti crittografici

BNB Price Eyes Upside—Key Levels to Watch for a Breakout

-

da

cryptd.in
in

BNB price is recovering from the $600 support zone. The price is rising and might aim for a fresh move toward the $640 resistance.

  • BNB price is moving higher above the $620 resistance zone.
  • The price is now trading below $630 and the 100-hourly simple moving average.
  • There is a connecting bearish trend line forming with resistance at $627 on the hourly chart of the BNB/USD pair (data source from Binance).
  • The pair must stay above the $615 level to start another increase in the near term.

BNB Price Eyes Upside Break

After forming a base above the $600 level, BNB price started a fresh increase. There was a move above the $618 and $610 resistance levels. It even recovered above the $625 level, like Ethereum and Bitcoin.

There was a break above the 23.6% Fib retracement level of the downward move from the $645 swing high to the $615 low.  The price is now trading below $630 and the 100-hourly simple moving average. On the upside, the price could face resistance near the $628 level.

There is also a connecting bearish trend line forming with resistance at $627 on the hourly chart of the BNB/USD pair. The next resistance sits near the $630 level or the 50% Fib retracement level of the downward move from the $645 swing high to the $615 low.

BNB Price

A clear move above the $630 zone could send the price higher. In the stated case, BNB price could test $638. A close above the $638 resistance might set the pace for a larger move toward the $650 resistance. Any more gains might call for a test of the $665 level in the near term.

Another Decline?

If BNB fails to clear the $630 resistance, it could start another decline. Initial support on the downside is near the $622 level. The next major support is near the $615 level.

The main support sits at $600. If there is a downside break below the $600 support, the price could drop toward the $585 support. Any more losses could initiate a larger decline toward the $565 level.

Technical Indicators

Hourly MACD – The MACD for BNB/USD is gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level.

Major Support Levels – $622 and $615.

Major Resistance Levels – $628 and $630.

Commenti

Lascia un commento

Il tuo indirizzo e-mail non sarà pubblicato. I campi obbligatori sono contrassegnati *

Ultimi feed

Categorie più popolari

it_IT Italiano
it_IT Italiano en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Ricerca nel sito web

Storie popolari

Tag

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElezione (1) #BinanceVsCoinbase (1) #Bitcoin (370) #BitcoinETF (3) #BitcoinFondamenti (1) #BitcoinHandling (1) #BitcoinPrezzo (5) #BitcoinPrezzoLivello (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTCacquisizione (1) 1TP5Previsione toro (1) #BullishSentiment (1) #CMiniera cinese (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativoSalto (1) #Dogecoin (65) #DogecoinGains (1) #DogecoinVolume (1) 1TP5Corte olandese (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (64) #EthereumPain (1) #EPrezzo dell'Etere (1) #ExpertOpinion (1) #FedRateCut (1) #FiatValuta (1) #Fimpatto finanziario (1) #FinanziarioPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) 1TP5FondiIlleciti (1) #InflationData (1) 1TP5Investimento (1) 1TP5Perdita d'investimento (1) #Azienda giapponese (1) #Azione legale (1) #Impatto legale (1) #Legislazione (1) #LightningNetwork (1) #Manalisi del mercato (3) #MMonitoraggio del mercato (1) #Mprevisione di mercato (1) #Mprevisioni di mercato (1) #MProiezione di mercato (1) #MmercatoSupporto (1) #MmercatoVolatilità (1) #MCompatibile (1) #MemeCoin (5) #MemeCoins (2) #MinerProfittabilità (1) #MRiciclaggio di denaro (2) #MtGox (3) #Corea del NordCrittografia (1) #NovogratzPrevisione (1) #PriceMilestone (1) #PprezzoPrevisione (2) #PriceDomanda (1) #PrezzoAumento (1) #PcarcereSentenza (1) #QuantAnalisi (1) #RegolamentazionePressione (1) #SECAntiCrypto (1) #ShibaInu (5) #SocialBuzz (1) #T Analisi tecnica (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashSviluppatore (1) #UKCrypto (1) #UpsidePotenziale (1) #USCongresso (1) #WyomingLand (1) #XRPrezzo (1) #XRPupswing (1)

Link utili

Link che ho trovato utili e che volevo condividere.