BNB has received a lot of attention due to the huge increase in transaction volume on the exchange and has registered a 25% growth within a week. The support level, which was considered in the range of $263-269, was fake broken in the last encounter. And with the break of the downtrend line in the 4-hour time frame, the price had strong growth. We can expect more price increases for the short term until the $300 support is maintained.
The resistance in the range of $315 can be broken, and the price increase can continue up to the level of $320-330. But to continue the upward movement of Binance Coin, it is necessary to completely break the resistance of 320-330 dollars and stabilize the price above this level. In this case, we expect the price growth to continue the upward movement to the level of $350. If the second resistance is also broken, the price trend in the daily time frame can be bullish. In this case, the potential for medium-term growth and reaching the previous ceilings in the weekly time frame will increase.
The resistance in the range of $315 can be broken, and the price increase can continue up to the level of $320-330. But to continue the upward movement of Binance Coin, it is necessary to completely break the resistance of 320-330 dollars and stabilize the price above this level. In this case, we expect the price growth to continue the upward movement to the level of $350. If the second resistance is also broken, the price trend in the daily time frame can be bullish. In this case, the potential for medium-term growth and reaching the previous ceilings in the weekly time frame will increase.
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