Launchpool Doping to BNB: The Price Has Gained New Momentum!

#Binance , which recently announced its new Launchpool, NFP, brought a volume increase in the BNB price.

Continuing to accelerate the BNB price with its Launchpool activities, Binance excited the exchange users with its NFP announcement. Users who are turning to next projects due to the sharp rise in recent Launchpools continue to stake BNB. As BNBs were staked, the selling pressure on the parity decreased slightly. Thus, the local token of the stock exchange, which opened its way, experienced a dramatic rise by stepping on the gas.

#BNB , which exploded upwards with Binance's Launchpool announcement, approached $ 300. The token of the stock exchange, which managed to overcome the critical resistance level with this news, turned its short-medium term price structure into a positive one. Looking at the current situation, BNB, which is $ 294.8, may increase further with Launchpool developments, positive news about the stock market or upward pricing of BTC. In such a scenario, 316.8 – 348.7 – 379.6 – 414.5 and 451.2 dollars can be targeted respectively.

Factors such as the emergence of various fuds regarding the stock market, #BTC falling below $ 40,000 or regulators putting pressure on Binance will naturally create a sales wave in BNB. In such a scenario, the first thing that can be seen is a relaxation in the annual opening price. Afterwards, declines up to 220.5 – 203.8 dollars can be followed.

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