Binance Coin is poised to become one of the best performing assets thanks to continuous accumulation and is about to form a new ATH.
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Binance Coin (BNB)
Binance Coin price has been consolidating for over a month and a half, managing to close above $640. However, the altcoin failed to do so, leaving it stuck trading between $560 and $620.
However, BNB benefits from support from investors and bullish market signals. BNB trades 16% below its all-time high of $686.
However, a sideways move could prolong the wait for a new ATH.
BABY
Despite facing stiff competition from dogwifat (WIF), Pepe surprised the market with its recent price increase. Over the past three months, the frog-themed meme coin has seen a 586% growth.
If the meme coin remains above the 50-day Exponential Moving Average (EMA), it could reclaim $0.00001000 as support.
Tron (TRX)
Tron price bounced back from lows of $0.109, narrowly avoiding forming a death cross. This bearish phenomenon occurs when the 200-day EMA crosses above the 50-day EMA. However, the sudden increase in Tron price led to this death cross exit.
This has opened the door for TRX to the upside as the Relative Strength Index ( RSI ) is in bullish territory.
