BNB price is gaining bullish momentum above the $350 resistance. The price looks set for more gains above the $400 resistance in the near term.
BNB price is showing bullish signs above the $365 resistance level.
The price is now trading above $375 and the 100 simple moving average (4 hours).
There is a key bullish trend line forming with support at $380 on the 4-hour chart of the BNB/USD pair (data source from Binance).
The pair could continue to rise toward the $400 resistance zone or even $422.
BNB Price Extends Increase
In the last BNB price prediction, we discussed the chances of more gains above the $365 resistance zone. The bulls did remain active and were able to push the price above the $375 level.
BNB outperformed Bitcoin and Ethereum with a move above the $380 resistance. A high was formed near $390 and the price is now consolidating gains. It is trading above the 23.6% Fib retracement level of the upward move from the $345 swing low to the $390 high.
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We współpracy z: https://www.newsbtc.com/analysis/bnb/bnb-price-journey-toward-500/
