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<p>The post <a href="https://coinpedia.org/price-analysis/will-binance-bnb-coin-price-achieve-new-ath-as-bullish-sentiment-intensifies/" rel="noopener noreferrer nofollow">Will Binance (BNB) Coin Price Achieve New ATH As Bullish Sentiment Intensifies?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The volatility in the crypto market is on a constant rise, indicating increased buying and selling pressure in the crypto space. However, top tokens have displayed a reduced price action over the past week, highlighting uncertainty for these altcoins in the market.</p>
<p>On the other hand, the <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Binance Coin price</a> has experienced a bullish jump of approximately 3.5% over the past day. Further, it has added 6.10% over the past seven days, suggesting investors’ rising interest in it.</p>
<h2 class="wp-block-heading" id="h-binance-coin-price-on-the-verge-of-a-major-breakout">Binance Coin Price On The Verge Of A Major Breakout!</h2>
<p>After displaying a bullish price action for the first two months, the Binance token has recorded a consolidated price action by trading in a range between $568 and $635. The altcoin has displayed significant price volatility during this time in its chart.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdfd97FBsSN5bWtzhIe2kkykQjyIC1IlmTFmys-0bgbb2NDHFBXwk-FooQTaXNyVoDvFo9Vu-88SALKYeW8dRs12oRNQNorfuNA0lx6r6_xdOnVaHNvnJ2W4_SbrwxbFA9howVfn05EhH1v1BnBD-PdKFsj?key=hbvX0fEWye2YPGJgfI0gHg" alt="Binance Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: BNB/USDT
 </figcaption>
</figure>
<p>Furthermore, the <a href="https://markets.coinpedia.org/bnb/" target="_blank" rel="noopener noreferrer nofollow">BNB price</a> is on the verge of testing its important resistance level, the outcome of which is unpredictable. The EMA 50-day constantly supports the price chart in the 1D time frame, suggesting a bullish outlook for the Binance (BNB) Coin price in the coming time.</p>
<p>The Relative Strength Index (RSI) displays a significant rise in the chart, highlighting increased buying pressure in the crypto market. Furthermore, the averages show a constant rise, suggesting the price will continue gaining value in the coming time.</p>
<h2 class="wp-block-heading" id="h-will-bnb-price-go-up">Will BNB Price Go Up?</h2>
<p>If the bulls continue to gain momentum, the Binance token will test its resistance level of $635. Maintaining the price at that level will set the stage for BNB crypto to test its all-time high (ATH) of $690.9 in the coming time.</p>
<p>Conversely, if the market experiences a bearish reversal, the BNB price will lose momentum and plunge toward its important support level of $568 during the upcoming weeks.</p>

Will Binance (BNB) Coin Price Achieve New ATH As Bullish Sentiment Intensifies?

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