💥💥💥Does BNB COIN a new all-time high around the corner?🤔💥💥💥
Buy BNB 👇🏾😅
Today BNB retested the price of $666 which is minor difference reaching the previous all-time high😋
Certainly! The Binance Coin (BNB) has been making waves in the crypto market. Let's take a look at recent developments:
1. Ascending Triangle Pattern:
BNB is currently consolidating in a bullish ascending triangle pattern, which suggests a potential breakout to a fresh all-time high (ATH) above $692
This pattern indicates that BNB's price might be gearing up for a significant move.
2. Recent Surge and Resistance Levels:
- BNB has retraced towards the $627 level, but the bullish momentum remains strong.
- The coin faces strong resistance at the $680 level, where some holders might start booking profits.
3. Historical ATH:
- BNB's all-time highest price was $686.31, recorded on May 10, 2021.
- This rally was likely driven by the surging popularity of decentralized applications (dApps), including decentralized finance (DeFi), on the Binance Smart Chain.
4. On-Chain Activity:
- On-chain data suggest increasing activity in BNB's network, which could contribute to its potential breakout.
In summary, while BNB faces resistance, the overall sentiment is positive. Keep an eye on the charts, as a new ATH could be just around the corner! 🚀📈
