BNBUSDT is currently the altcoin closest to its all-time high (ATH), trading just 8.25% from the $861 ATH. At $822, it remains poised for a potential breakout. The proximity to its ATH indicates strong market sentiment and potential for further upward movement in the near future.The previous ATH was set about three weeks ago, and with broader market support, BNB could continue its bullish momentum. If the market conditions remain favorable,
BNBUSDT may reach $861 and potentially break through it, surpassing the previous record high within this week.However, if the broader market fails to maintain its rally,
BNBUSDT may struggle to breach the $823 level. In such a scenario, a price drop could occur, pushing BNB down to $793 or potentially lower to $766. Market conditions will be crucial in determining the direction of BNB’s price.
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Truly Unbiased Cryptocurrency News beincrypto.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.