Amid the prevailing market downturn, BNB, the native token of leading cryptocurrency exchange Binance, has demonstrated remarkable resilience, consistently holding strong above the crucial $285 support level. As previously highlighted by Coingape, the Binance price is currently exhibiting a bullish flag formation on its daily chart, a development that suggests a potential for buyers to regain momentum and propel the token to higher levels.
Why BNB Price Is Poised for 38% Growth?
A recent reversal from the flag pattern resistance indicates the BNB price may continue in the correction phase.
As per the Fibonacci retracement tool, the coin traders may face sufficient demand pressure at $295 and $280
The intraday trading volume in the BNB coin is $1.027 Billion, indicating a 20% gain
Binance Coin Price| TradingView Chart
Over the past month, the price of Binance Coin price has shown significant volatility, fluctuating within the confines of a flag pattern defined by two converging, downwar
We współpracy z: https://coingape.com/markets/why-binance-coin-price-outperform-bitcoin-recovery/
