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{"id":542083,"date":"2023-07-11T04:43:47","date_gmt":"2023-07-11T04:43:47","guid":{"rendered":"https:\/\/uniquehot.com\/?p=542083"},"modified":"2024-06-11T14:38:32","modified_gmt":"2024-06-11T14:38:32","slug":"bnb-price-resistance-255","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bnb-price-resistance-255\/","title":{"rendered":"BNB Price at Make-or-Break Levels As The Bulls Aim Big Above This Resistance"},"content":{"rendered":"

BNB price (Binance coin) is rising above $245 against the US Dollar. The price could start a strong increase if it clears the $250 and $255 resistance levels.<\/em><\/p>\n

\n
Binance coin price is attempting a fresh increase from the $232 zone against the US Dollar.<\/li>\n
The price is now trading above $240 and the 100 simple moving average (4 hours).<\/li>\n
There is a major bearish trend line forming with resistance near $248 on the 4-hour chart of the BNB\/USD pair (data source from Binance).<\/li>\n
The pair might gain bullish momentum above $248 and $250.<\/li>\n<\/ul>\n
Binance Coin Price Eyes Fresh Rally<\/h2>\n
In the past few days, BNB price saw a couple of swing moves from $250. There was a move below the $240 support zone. However, the bulls were seen active near the $232 support zone.<\/p>\n
The price traded as low as $231 and is currently rising, similar to Bitcoin<\/a> and Ethereum<\/a>. There was a move above the $240 resistance. The price climbed above the 50% Fib retracement level of the downward move from the $255 swing high to the $231 low.<\/p>\n
BNB price is now trading above $240 and the 100 simple moving average (4 hours). On the upside, it is facing resistance near the $248 level. There is also a major bearish trend line forming with resistance near $248 on the 4-hour chart of the BNB\/USD pair.<\/p>\n
It is close to the 76.4% Fib retracement level of the downward move from the $255 swing high to the $231 low. The next major resistance is near $250. A close above the $250 resistance might increase the chances of a push above the $255 resistance.<\/p>\n
$\"BNB$ <\/p>\n
Source: BNBUSD on TradingView.com<\/a><\/p>\n
A clear move above the $252 resistance might start a steady increase. The next major resistance is near the $270 level, above which the price might rise toward the $285 resistance.<\/p>\n
Another Rejection in BNB?<\/h2>\n
If BNB fails to clear the $250 resistance, it could start another decline. Initial support on the downside is near the $240 level and the 100 simple moving average (4 hours).<\/p>\n
The next major support is near the $232 level. If there is a downside break below the $232 support, the price could drop toward the $222 support. Any more losses could send the price toward the $210 support.<\/p>\n
Technical Indicators<\/p>\n
4-Hours MACD \u2013 The MACD for BNB\/USD is gaining pace in the bullish zone.<\/p>\n
4-Hours RSI (Relative Strength Index) \u2013 The RSI for BNB\/USD is currently above the 50 level.<\/p>\n
Major Support Levels \u2013 $240, $232, and $225.<\/p>\n
Major Resistance Levels \u2013 $250, $255, and $270.<\/p>\n","protected":false},"excerpt":{"rendered":"
BNB price (Binance coin) is rising above $245 against the US Dollar. The price could start a strong increase if it clears the $250 and $255 resistance levels. Binance coin price is attempting a fresh increase from the $232 zone against the US Dollar. The price is now trading above $240 and the 100 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $248 on the 4-hour chart of the BNB\/USD pair (data source from Binance). The pair might gain bullish momentum above $248 and $250. Binance Coin Price Eyes Fresh Rally In the past few days, BNB price saw a couple of swing moves from $250. There was a move below the $240 support zone. However, the bulls were seen active near the $232 support zone. The price traded as low as $231 and is currently rising, similar to Bitcoin and Ethereum. There was a move above the $240 resistance. The price climbed above the 50% Fib retracement level of the downward move from the $255 swing high to the $231 low. BNB price is now trading above $240 and the 100 simple moving average (4 hours). On the upside, it is facing resistance near the $248 level. There is also a major bearish trend line forming with resistance near $248 on the 4-hour chart of the BNB\/USD pair. It is close to the 76.4% Fib retracement level of the downward move from the $255 swing high to the $231 low. The next major resistance is near $250. A close above the $250 resistance might increase the chances of a push above the $255 resistance. Source: BNBUSD on TradingView.com A clear move above the $252 resistance might start a steady increase. The next major resistance is near the $270 level, above which the price might rise toward the $285 resistance. Another Rejection in BNB? If BNB fails to clear the $250 resistance, it could start another decline. Initial support on the downside is near the $240 level and the 100 simple moving average (4 hours). The next major support is near the $232 level. If there is a downside break below the $232 support, the price could drop toward the $222 support. Any more losses could send the price toward the $210 support. Technical Indicators 4-Hours MACD \u2013 The MACD for BNB\/USD is gaining pace in the bullish zone. 4-Hours RSI (Relative Strength Index) \u2013 The RSI for BNB\/USD is currently above the 50 level. Major Support Levels \u2013 $240, $232, and $225. Major Resistance Levels \u2013 $250, $255, and $270.<\/p>\n","protected":false},"author":67,"featured_media":417126,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[13291,11427,86483,79524,79611],"class_list":["post-542083","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-binance-coin","tag-bnb","tag-bnb-price","tag-bnbusd","tag-bnbusdt"],"acf":[],"yoast_head":"\nBNB Price at Make-or-Break Levels As The Bulls Aim Big Above This Resistance<\/title>\n<meta name=\"description\" content=\"BNB price (Binance coin) is rising above $245 against the US Dollar. 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His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/uniquehot.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"BNB Price at Make-or-Break Levels As The Bulls Aim Big Above This Resistance","url":"http:\/\/uniquehot.com\/news\/bnb-price-resistance-255\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/bnb-price-resistance-255\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/03\/shutterstock_1509655121.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/03\/shutterstock_1509655121.jpg?fit=1000%2C667"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["binance coin","bnb","bnb price","bnbusd","bnbusdt"],"dateCreated":"2023-07-11T04:43:47Z","datePublished":"2023-07-11T04:43:47Z","dateModified":"2024-06-11T14:38:32Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"BNB Price at Make-or-Break Levels As The Bulls Aim Big Above This Resistance\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/bnb-price-resistance-255\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/bnb-price-resistance-255\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/03\\\/shutterstock_1509655121.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/03\\\/shutterstock_1509655121.jpg?fit=1000%2C667\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"binance coin\",\"bnb\",\"bnb price\",\"bnbusd\",\"bnbusdt\"],\"dateCreated\":\"2023-07-11T04:43:47Z\",\"datePublished\":\"2023-07-11T04:43:47Z\",\"dateModified\":\"2024-06-11T14:38:32Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/03\/shutterstock_1509655121.jpg?fit=1000%2C667","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/542083"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=542083"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/542083\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/417126"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=542083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=542083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=542083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}