Flow

bullish

View

Higher

Coin

<p>Binance Coin (BNB) is showing signs of a bullish trend, with analysts predicting a potential price surge of up to 150%. Crypto analyst Ali has highlighted that a weekly close above the key resistance level of $662 could act as a trigger for this upward movement.&nbsp;</p> 
<p>According to Ali, breaking past this level could set BNB on a rocket ride to $1,630. “A weekly close above $662 could trigger the rally,” Ali explains, suggesting that this move would confirm a strong bullish trend for the coin.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full">
  <img decoding="async" width="1200" height="898" src="https://www.cryptotimes.io/wp-content/uploads/2024/11/Binance-Coin-TetherUS-Perpetual-Contract.png" alt="Binance Coin TetherUS Perpetual Contract" class="wp-image-216804">
  <figcaption class="wp-element-caption">
   Source: <a href="https://x.com/ali_charts/status/1859470295280566766/photo/1" target="_blank" rel="noreferrer noopener nofollow">X</a>
  </figcaption>
 </figure>
</div> 
<p>In the past 24 hours, BNB’s price has climbed 1.31%, now sitting at $623.93. It’s been hovering in a range between $594.55 and $624.25 during this time. Though it’s still 13% from its all-time high of $720.67, hit just five months ago, the market mood feels different now.</p> 
<p>Meanwhile, BNB has been in a consolidation phase for months, trading within a tight range that signals accumulation. Technical signals like the MACD are showing promise, with the MACD line crossing above the signal line—often seen as a sign of bullish momentum.&nbsp;</p> 
<p>Additionally, the Chaikin Money Flow (CMF) indicator is ticking up at 0.12, hinting that traders are buying in anticipation of bigger things ahead.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full">
  <img decoding="async" width="1600" height="778" src="https://www.cryptotimes.io/wp-content/uploads/2024/11/Binance-Coin-Price-Chart.png" alt="Binance Coin Price Chart" class="wp-image-216803">
  <figcaption class="wp-element-caption">
   Source: <a href="https://www.tradingview.com/chart/8bArCRvx/?symbol=BINANCE%3ABNBUSDT" target="_blank" rel="noreferrer noopener nofollow">Trading View</a>
  </figcaption>
 </figure>
</div> 
<p>This optimism isn’t just about BNB. Bitcoin just hit a new all-time high, blasting past $97,000, while Ethereum surged 7% to climb above $3,300.&nbsp;</p> 
<p>In short, if Binance Coin maintains its trajectory and closes above $662, it could pave the way for sustained growth, with $1,630 as the next target.&nbsp;</p> 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 <p>Also Read: <a href="https://www.cryptotimes.io/2024/11/21/wsteth-price-nears-4k-why-its-trading-higher-than-eth/" target="_blank" rel="noreferrer noopener">wstETH Price Nears $4k: Why It’s Trading Higher Than ETH?</a></p> 
</blockquote>

Analyst Predicts Binance Coin Could Surge 150%

The Crypto Times

Other articles published on Nov 21, 2024

Best Cryptos to Buy This Week: Qubetics Presale Gains Momentum as Cardano and Polkadot Seek Bulli...

Bitcoin Prices Soar Following New Regulatory Changes

Charles Hoskinson Backs Brian Armstrong For White House Crypto Role

Introducing the SelfSwap Bot in the OK Discord!

Bybit Launches bbSOL Virtual Card, Bridging Solana Ecosystem with Innovative Features

This is EXACTLY When Bitcoin & Altcoin Bull Markets End

Join our free newsletter for daily crypto updates!