BNB price (Binance coin) is recovering above $240 against the US Dollar. The price might gain bullish momentum if it clears $250 and $255.
Binance coin price is attempting a recovery wave above $232 against the US Dollar.
The price is now trading below $240 and the 100 simple moving average (4 hours).
There was a break above a major bearish trend line with resistance near $235 on the 4-hour chart of the BNB/USD pair (data source from Binance).
The pair might gain bullish momentum above $250 and $255.
Binance Coin Price Starts Increase
In the past few days, BNB price saw a major decline below the $250 support. There was a move below the $240 support zone. The price traded as low as $224 and is currently rising, similar to Bitcoin and Ethereum.
There was a move above the $232 resistance. The price climbed above the 50% Fib retracement level of the main drop from the $257 swing high to the $224 low. There was also a break above a major bearish trend line with resistance near $235 on the 4
We współpracy z: https://www.newsbtc.com/analysis/bnb/bnb-price-rally-250/
