Binance Coin (BNB) is showing signs of potentially following a similar price trend to Solana (SOL) despite having a larger market cap. BNB's current price is £590, up 87% year-to-date but down 18% from its all-time high. There are indications that BNB could surpass its July peak soon. While BNB has been trading sideways, SOL's value surged by nearly 5% in the last 24 hours, making it the best-performing asset in the top 10. Both coins have faced market pessimism, with BNB's sentiment turning negative. Technical indicators like the Chaikin Money Flow suggest BNB's price could climb above £600 in the near future. An ascending triangle pattern on BNB's chart indicates a potential bullish continuation. If bulls maintain buying pressure, BNB could reach £730, but rejection at £602 could lead to a drop to £564. Read more AI-generated news on: https://app.chaingpt.org/news

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