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Binance Coin (BNB) has been making waves in the cryptocurrency market, showing signs of a potential breakout that could lead to new all-time highs. Over the past week, BNB's price has risen by over 4%, sparking speculation among investors about the possibility of surpassing its previous peak of $686, achieved in 2021.
Bitcoin and Ether are finding buyers at higher levels, indicating that the respective overhead resistance levels are weakening and new all-time highs could be on the way.
The new week has started with a market bounce back, according to CoinMarketCap.
Major addresses have begun staking substantial quantities of BNB, showcasing a growing trust in the platform.
Binance (BNB) Coin price has fallen above the moving average lines after hitting resistance at $631. Price analysis by Coinidol.com.
BNB was consolidating inside a bullish pennant pattern, and a breakout could result in an ATH.
A key indicator reveals strong buying interest for BNB at $601, $616, and $630.
Binance Smart Chain's dApps have demonstrated notable progress in development activity.
After a rally to create an all-time high, the price of Binance Coin (BNB) has been in a consolidation zone. During this consolidation, BNB's price has managed to form a bullish triangle flag above the 100-day Simple Moving Average (SMA) in the 1-day timeframe.
Ethereum, Solana, and Binance Coin have all experienced significant declines in the past 24 hours. Ethereum dropped over 3%, Solana fell more than 6%, and Binance Coin decreased by about 4%.
BNB finds itself at a crossroads, with investors and analysts alike eyeing the possibility of it reaching unprecedented heights. Despite recent market down turns, the allure of BNB smashing its all-time high (ATH) has sparked fervent discussions and fueled speculation across the digital landscape.
Latest data suggested that altcoins would showcase a bull rally, but top alts like ETH, SOL, and BNB turned bearish.
The spot Ether ETFs approval by the SEC has failed to start a rally in Ether and Bitcoin, but this could change after a few weeks.
Binance is set to support the BNB Smart Chain (BEP20) network upgrade and hard fork, providing an improved user experience.
Despite plunging recently, BNB still has huge potential to break its all-time high this year.
In a significant development for the cryptocurrency industry, the First District Court of Appeals in Florida has unanimously ruled against a permanent ban on Binance, the world's largest cryptocurrency exchange.
Bitcoin and Ether lead the market higher as bulls show up in force. Which altcoins will follow?
BNB has exhibited a speedy recovery in the last few days, as the token touched the $630 mark just yesterday. The altcoin was trading at a low of $570 on the 20th, but now it's trading around $619 after a slight decline.
Algotech (ALGT) rewards holders with an AI-powered airdrop, attracting investors from BNB and Solana (SOL) ecosystems. This article looks into how Algotech's $5.2 million fundraising and innovative AI features are luring investors away from established platforms.
Invest wisely in cryptos to buy, focusing on those with strong market presence and potential for sustained growth.
The cryptocurrency market is buzzing with excitement as Binance Coin (BNB) has soared past the $600 mark, breaking through a significant resistance level. This remarkable rally has captured the attention of traders and investors alike, signaling a potential shift in market dynamics.
The recent rally in the cryptocurrency market has pushed BNB's price above its resistance level and key moving averages.
BNB price crossed the $631 mark on May 21, just 8% shy of new all-time highs, despite Binance' high-profile legal squabbles in USA and Nigeria.
Bitcoin price is chasing after its all-time high and altcoins appear ready to follow.
