BNB/USD - Rejected just under ATH, another try soon! 😍
After a fantastic rally in the last two weeks, BNB nearly reached its all-time high this week, which sits at $692. However, the bears stepped in and stopped the increase just before that key level. Despite this, BNB had a good week and increased by 9.7%.
BNB has found good support at $600 where the bears were unable to push prices lower. This support is expected to hold in the nearby future as BNB may attempt another break of the all-time high resistance. The bias also remains bullish as long as BNB manages to hold the price above the key support level.
Looking ahead, BNB should continue to have a strong performance as long as the overall market remains bullish. BNB has also managed to break above the $100 billion market capitalization this week and sustain this level, which is a significant milestone.
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BNB has found good support at $600 where the bears were unable to push prices lower. This support is expected to hold in the nearby future as BNB may attempt another break of the all-time high resistance. The bias also remains bullish as long as BNB manages to hold the price above the key support level.
Looking ahead, BNB should continue to have a strong performance as long as the overall market remains bullish. BNB has also managed to break above the $100 billion market capitalization this week and sustain this level, which is a significant milestone.
Like and follow if you liked my idea!
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