Binance Coin Price Forecast: BNB on verge of 25% upswing
Binance coin BNB BNBUSDT Long to 720?
Binance Coin price has formed a bull flag on the 4-hour chart. The digital asset faces just one critical resistance level before a massive 25% breakout. Whales have accumulated a lot of BNB lately, despite increasing prices. Binance Coin price has been outperforming the entire market for the past two months, reaching a market capitalization of $90 billion. Many analysts believe BNB could even overtake Ethereum, which stands at a $280 billion market cap.
Binance Coin price needs to surmount key level for massive breakout On the 4-hour chart, BNB has established a bull flag with its resistance trend line formed at $550. Binance Coin bulls currently try to defend the lower boundary support and aim for a rebound toward the upper trend line.
a conservative Binance (BNB) price prediction, saying the token could trade at $500 at the end of 2021, $800 by the end of 2022 and $1,000 by the end of 2025. Wallet Investor has a one-year forecast of $684 and a five-year forecast of $1,326 for Binance
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