BNB Investors 3 Year Wait. Will BNB hit a new ATH this June?
The last time the BNB price reached a record ATH was 3 years ago, in May 2021. This altcoin showed the potential to repeat the miracle again last month, but failed. Even so, in the last month, the consistent increase has strengthened investors optimism.
Binance's native token is now just over 13% away from the ATH level of US$686. Currently, the price is perched at US$591. Ichimoku Cloud not only highlights a bullish signal but also sits below the candlestick. So, this strengthens optimism about the ATH record.
However, because investors were already disappointed when this failed to materialize, it is not surprising that they decided to sell their assets in June. If the BNB price fails to break the ATH record, this altcoin could lose its uptrend and instead slip to US$575 or lower.
We all hope that BNB will show that magic again.