{"id":544415,"date":"2023-07-26T09:40:27","date_gmt":"2023-07-26T09:40:27","guid":{"rendered":"https:\/\/uniquehot.com\/?p=544415"},"modified":"2023-07-26T09:18:24","modified_gmt":"2023-07-26T09:18:24","slug":"binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/","title":{"rendered":"Binance Coin (BNB) Price Poised For A Major Breakout &#8211; Which Way Will It Go?"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">Binance Coin bulls have shown signs of sluggishness, leading to a concerning dip below the crucial $240 support level. This downward movement suggests that bearish forces may be gaining dominance in the near-term market outlook.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Currently, BNB is shaping an intriguing chart pattern known as the inverted flag. Amidst the recent market turbulence, BNB&#8217;s price has experienced a 0.2% dip in the past 24 hours and a seven-day decline of 2.1%. The coin is currently trading at $237, figures from crypto market tracker <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.coingecko.com\/en\/coins\/bnb\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">CoinGecko<\/span><\/a> shows<span data-preserver-spaces=\"true\">.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As the former high of $261.9 seems to be a distant memory, investors are keenly observing this bearish continuation pattern and its potential implications.<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-544422\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/a-164.png?resize=1139%2C57\" alt=\"\" width=\"1139\" height=\"57\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/a-164.png?w=1139 1139w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/a-164.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/a-164.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/a-164.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/a-164.png?w=750 750w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<pre style=\"text-align: center\">Source: Coingecko<\/pre>\n<h2><strong>Understanding BNB\u2019s Inverted Flag Pattern<\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">The inverted flag pattern is a technical chart pattern that signals a potential downtrend continuation. It is formed when a sharp decline in the price of an asset (the flagpole) is followed by a brief period of consolidation, represented by a downward-sloping channel (the flag). <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This pattern suggests that the price will likely break the lower support trendline after a temporary relief rally and continue its downward trajectory.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/shiba-inu-will-this-bullish-formation-lead-to-a-25-upsurge\/?swcfpc=1\" target=\"_blank\" rel=\"noopener \">Shiba Inu: Will This Bullish Formation Lead To A 25% Upsurge?<\/a><\/div>\n<p><span data-preserver-spaces=\"true\">With a loss of 2.0% in the last week, the BNB price is approaching the lower support trendline of the inverted flag pattern. <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/ambcrypto.com\/bnb-can-bears-drive-prices-to-230\/\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">As BNB\u2019s bearish continuation pattern<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0takes hold, the chances of the price breaking this dynamic support become more significant. A daily candle closing below this trendline would signal a strong possibility of the downward trend resuming.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full\" src=\"https:\/\/www.tradingview.com\/x\/sUB9eznN\/\" width=\"2475\" height=\"1187\"><\/p>\n<pre style=\"text-align: center\">BNB market cap currently at $36.5 billion. Chart: <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView.com<\/a><\/pre>\n<h2><strong>Binance Coin: Potential Reversal At Support<\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">However, there is hope for BNB holders as signs of a potential reversal emerge. If the coin price shows resilience and starts to rebound at the bottom support trendline, it would indicate that buyers are actively defending this critical level.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/cardano-tvl-a-crucial-factor-for-ada-price-revival\/\" target=\"_blank\" rel=\"noopener \">Cardano TVL \u2013 A Crucial Factor For ADA Price Revival?<\/a><\/div>\n<p><span data-preserver-spaces=\"true\">Such a reversal could prolong the ongoing relief rally and\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/coingape.com\/markets\/200-dip-or-300-surge-binance-coin-price-verge-of-price-shift\/\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">push the BNB price<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0back toward the overhead trendline, currently sitting near $265. A bullish breakout from this resistance could invalidate the bearish thesis and trigger a sustainable recovery for BNB.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-544433 size-large\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/a-166.png?resize=860%2C376\" alt=\"\" width=\"860\" height=\"376\"><\/p>\n<pre style=\"text-align: center\">BNB price action in the last 24 hours. Source: <a href=\"https:\/\/coinmarketcap.com\/currencies\/bnb\/\" target=\"_blank\" rel=\"noopener nofollow\">CoinMarketCap<\/a><\/pre>\n<p><span data-preserver-spaces=\"true\">Investors should exercise caution as the inverted flag pattern unfolds and closely monitor the price action around the lower support trendline. A confirmed break below this level would confirm the bearish continuation pattern, prompting some investors to consider cutting their losses or adopting a defensive stance. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">On the other hand, a clear rebound from the support could present a buying opportunity for those anticipating a reversal.<\/span><\/p>\n<p><em>(This site&#8217;s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk).<\/em><\/p>\n<p><em>Featured image from Tradedog<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance Coin bulls have shown signs of sluggishness, leading to a concerning dip below the crucial $240 support level. This downward movement suggests that bearish forces may be gaining dominance in the near-term market outlook. Currently, BNB is shaping an intriguing chart pattern known as the inverted flag. Amidst the recent market turbulence, BNB&#8217;s price has experienced a 0.2% dip in the past 24 hours and a seven-day decline of 2.1%. The coin is currently trading at $237, figures from crypto market tracker CoinGecko shows.\u00a0 As the former high of $261.9 seems to be a distant memory, investors are keenly observing this bearish continuation pattern and its potential implications. Source: Coingecko Understanding BNB\u2019s Inverted Flag Pattern The inverted flag pattern is a technical chart pattern that signals a potential downtrend continuation. It is formed when a sharp decline in the price of an asset (the flagpole) is followed by a brief period of consolidation, represented by a downward-sloping channel (the flag). This pattern suggests that the price will likely break the lower support trendline after a temporary relief rally and continue its downward trajectory. Related Reading: Shiba Inu: Will This Bullish Formation Lead To A 25% Upsurge? With a loss of 2.0% in the last week, the BNB price is approaching the lower support trendline of the inverted flag pattern. As BNB\u2019s bearish continuation pattern\u00a0takes hold, the chances of the price breaking this dynamic support become more significant. A daily candle closing below this trendline would signal a strong possibility of the downward trend resuming. BNB market cap currently at $36.5 billion. Chart: TradingView.com Binance Coin: Potential Reversal At Support However, there is hope for BNB holders as signs of a potential reversal emerge. If the coin price shows resilience and starts to rebound at the bottom support trendline, it would indicate that buyers are actively defending this critical level.\u00a0 Related Reading: Cardano TVL \u2013 A Crucial Factor For ADA Price Revival? Such a reversal could prolong the ongoing relief rally and\u00a0push the BNB price\u00a0back toward the overhead trendline, currently sitting near $265. A bullish breakout from this resistance could invalidate the bearish thesis and trigger a sustainable recovery for BNB. &nbsp; BNB price action in the last 24 hours. Source: CoinMarketCap Investors should exercise caution as the inverted flag pattern unfolds and closely monitor the price action around the lower support trendline. A confirmed break below this level would confirm the bearish continuation pattern, prompting some investors to consider cutting their losses or adopting a defensive stance. On the other hand, a clear rebound from the support could present a buying opportunity for those anticipating a reversal. (This site&#8217;s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Tradedog<\/p>\n","protected":false},"author":557,"featured_media":544437,"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":[142,13291,86483,1144,8686,4735],"class_list":["post-544415","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-binance-coin","tag-bnb-price","tag-btcusd","tag-ethusd","tag-price-action"],"acf":[],"yoast_head":"\n<title>Binance Coin (BNB) Price Poised For A Major Breakout<\/title>\n<meta name=\"description\" content=\"Binance Coin bulls have shown signs of sluggishness, leading to a concerning dip below the crucial $240 support level. This downward movement suggests\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Binance Coin (BNB) Price Poised For A Major Breakout\" \/>\n<meta property=\"og:description\" content=\"Binance Coin bulls have shown signs of sluggishness, leading to a concerning dip below the crucial $240 support level. This downward movement suggests\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-26T09:40:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-26T09:18:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/a-167.png\" \/>\n\t<meta property=\"og:image:width\" content=\"838\" \/>\n\t<meta property=\"og:image:height\" content=\"442\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Christian Encila\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Christian Encila\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/\"},\"author\":{\"name\":\"Christian Encila\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80\"},\"headline\":\"Binance Coin (BNB) Price Poised For A Major Breakout &#8211; Which Way Will It Go?\",\"datePublished\":\"2023-07-26T09:40:27+00:00\",\"dateModified\":\"2023-07-26T09:18:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/\"},\"wordCount\":455,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/a-167.png?fit=838%2C442\",\"keywords\":[\"altcoins\",\"Binance Coin\",\"BNB Price\",\"btcusd\",\"ethusd\",\"Price action\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/\",\"url\":\"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/\",\"name\":\"Binance Coin (BNB) Price Poised For A Major Breakout\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/a-167.png?fit=838%2C442\",\"datePublished\":\"2023-07-26T09:40:27+00:00\",\"dateModified\":\"2023-07-26T09:18:24+00:00\",\"description\":\"Binance Coin bulls have shown signs of sluggishness, leading to a concerning dip below the crucial $240 support level. This downward movement suggests\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/a-167.png?fit=838%2C442\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/a-167.png?fit=838%2C442\",\"width\":838,\"height\":442,\"caption\":\"Binance Coin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Binance Coin (BNB) Price Poised For A Major Breakout &#8211; Which Way Will It Go?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80\",\"name\":\"Christian Encila\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g\",\"caption\":\"Christian Encila\"},\"description\":\"They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.\",\"sameAs\":[\"jomarjet01\"],\"url\":\"https:\/\/uniquehot.com\/author\/jomarjet01\/\"}]}<\/script>\n","yoast_head_json":{"title":"Binance Coin (BNB) Price Poised For A Major Breakout","description":"Binance Coin bulls have shown signs of sluggishness, leading to a concerning dip below the crucial $240 support level. This downward movement suggests","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/","og_locale":"en_US","og_type":"article","og_title":"Binance Coin (BNB) Price Poised For A Major Breakout","og_description":"Binance Coin bulls have shown signs of sluggishness, leading to a concerning dip below the crucial $240 support level. This downward movement suggests","og_url":"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-07-26T09:40:27+00:00","article_modified_time":"2023-07-26T09:18:24+00:00","og_image":[{"width":838,"height":442,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/a-167.png","type":"image\/png"}],"author":"Christian Encila","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Christian Encila","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/"},"author":{"name":"Christian Encila","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80"},"headline":"Binance Coin (BNB) Price Poised For A Major Breakout &#8211; Which Way Will It Go?","datePublished":"2023-07-26T09:40:27+00:00","dateModified":"2023-07-26T09:18:24+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/"},"wordCount":455,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/a-167.png?fit=838%2C442","keywords":["altcoins","Binance Coin","BNB Price","btcusd","ethusd","Price action"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/","url":"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/","name":"Binance Coin (BNB) Price Poised For A Major Breakout","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/a-167.png?fit=838%2C442","datePublished":"2023-07-26T09:40:27+00:00","dateModified":"2023-07-26T09:18:24+00:00","description":"Binance Coin bulls have shown signs of sluggishness, leading to a concerning dip below the crucial $240 support level. This downward movement suggests","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/a-167.png?fit=838%2C442","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/a-167.png?fit=838%2C442","width":838,"height":442,"caption":"Binance Coin"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Binance Coin (BNB) Price Poised For A Major Breakout &#8211; Which Way Will It Go?"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80","name":"Christian Encila","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","caption":"Christian Encila"},"description":"They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/uniquehot.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Binance Coin (BNB) Price Poised For A Major Breakout &#8211; Which Way Will It Go?","url":"http:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/a-167.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/a-167.png?fit=838%2C442"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoins","binance coin","bnb price","btcusd","ethusd","price action"],"dateCreated":"2023-07-26T09:40:27Z","datePublished":"2023-07-26T09:40:27Z","dateModified":"2023-07-26T09:40:27Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Binance Coin (BNB) Price Poised For A Major Breakout &#8211; Which Way Will It Go?\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/binance-coin-bnb-price-poised-for-a-major-breakout-which-way-will-it-go\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/07\\\/a-167.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/07\\\/a-167.png?fit=838%2C442\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoins\",\"binance coin\",\"bnb price\",\"btcusd\",\"ethusd\",\"price action\"],\"dateCreated\":\"2023-07-26T09:40:27Z\",\"datePublished\":\"2023-07-26T09:40:27Z\",\"dateModified\":\"2023-07-26T09:40:27Z\"}<\/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\/2023\/07\/a-167.png?fit=838%2C442","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/544415"}],"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\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=544415"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/544415\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/544437"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=544415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=544415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=544415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}