BNB price is attempting a fresh increase from the $550 zone. The price cleared the $600 resistance and might extend its increase above $630.
BNB price started a fresh increase after it cleared the $550 resistance zone.
The price is now trading above $580 and the 100 simple moving average (4 hours).
There is a key bullish trend line forming with support at $592 on the 4-hour chart of the BNB/USD pair (data source from Binance).
The pair could gain bullish momentum if it clears the $608-$610 resistance zone.
BNB Price Gains Strength
After forming a base above the $520 level, BNB price started a fresh increase. There was a steady increase above the $550 and $565 resistance levels, like Ethereum and Bitcoin.
The bulls pushed the price above the $580 pivot level and the 61.8% Fib retracement level of the downward wave from the $630 swing high to the $512 low. More importantly, the price is now trading above $580 and the 100 simple moving average (4 hours).
It is consolidating j
We współpracy z: https://www.newsbtc.com/analysis/bnb/bnb-price-reclaims-600/
