Will BNB breakout after CZ's release? Price charts signal caution!
The 3-month liquidation heatmap showed that a bearish reversal from above the range high was likely.
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The 3-month liquidation heatmap showed that a bearish reversal from above the range high was likely.
Binance Coin (BNB) is currently gaining attention due to some encouraging technical developments. Recent indicators suggest that BNB could be on a path toward a price of $700.
October has historically been a bullish month for altcoins and cryptocurrencies in general. With great momentum building, fueled by increasing demand and favorable market conditions, several altcoins are also inching closer to breaking their previous all-time highs.
The BNB price has turned bullish for weeks now, but it is still far from its ATH of $720. Even then, it had an unexpected rally, boosting this Binance Coin price when the rest of the market failed.
BNB has been steadily climbing in the past few days and sit above $600 now.
Changpeng Zhao (CZ) was released from California's Lompoc II detention center on Friday, a low-security prison on the central coast of California. The Binance founder and former CEO completed his four-month sentence, going free two days earlier than the official release date on grounds of weekend policy.
CZ's return to social media boosts market confidence, highlighting the significant influence of key figures on cryptocurrency sentiment and prices. The post Bitcoin and BNB see gains up to 3% as CZ makes first tweet post-release appeared first on Crypto Briefing.
Binance Coin (BNB), currently the fourth-largest cryptocurrency by market capitalization, is showing signs that it may be losing bullish momentum. Recent technical analysis points to a bearish trend that could lead to a potential decline of 20%, bringing BNB down to approximately $480.
Former Binance CEO Changpeng “CZ” Zhao was released from prison on Friday after serving 118 days of his four-month sentence.
Many traders believe Changpeng Zhao's release will send BNB price into the $700 to $1,000 range, but does BNB Chain activity support this view?
Bitcoin's break above $65,000 and solid buying in-the-spot BTC ETFs have traders convinced that the bull market is back in full swing.
Ripple (XRP) price consolidated below $0.59 over the past week, key indicators show bull traders deploying higher leverage to front-run a potential $0.65 breakout.
Binance Coin (BNB), the world's fourth-biggest cryptocurrency is now poised for a significant upside rally as Changpeng Zhao the former CEO and founder of Binance has been released from jail. Since CZ's imprisonment, BNB has struggled and experienced a long consolidation.
BNB Chain introduces innovative programs to boost stablecoin integration and adoption, aiming to onboard the next billion Web3 users.
Binance Coin price continued its strong comeback, driven by rising volumes in its decentralized exchanges, higher non-fungible token sales, anticipation of Changpeng Zhao's release, and positive technicals.
Floki (CRYPTO: FLOKI) has entered into a partnership with GraFun, new meme coin launchpad set to debut on the Binance Smart Chain (CRYPTO: BNB). What Happened: The platform, which follows similar models on other blockchains, aims to facilitate the creation and launch of meme coins within the BNB ecosystem.
The prices of most of the cryptocurrencies keep growing, according to CoinMarketCap.
Binance Coin (BNB) could be poised for a major rally amid rising speculation around the early release of former Binance CEO, Changpeng Zhao (CZ). As news of CZ's impending release circulates, BNB has seen a sharp increase in value over the past few weeks.
Floki and the BNB chain are set to debut the meme coin launchpad GraFun. The launchpad is similar to Solana's Pumpfun and Tron's Sunpump.
An innovative launchpad with a new bonding curve that does not favor the first buyers.
GraFun, a next-generation meme coin launchpad on BNB Chain, is launching officially after achieving a significant feat of amassing 3.8 million on-chain registrations, per the latest information shared with Finbold on September 27.
FLOKI tokens could see a price jump as the project's closeness to GraFun boosts its fundamentals.
BNB approaches all-time high as Changpeng Zhao's release nears, with bullish indicators and increased buying activity suggesting potential for further growth.
GraFun's Fair Curve mechanism aims to deter bot activity and support steady growth for meme coins, offering a more transparent and stable system for all participants.