BNBUSD on TradingView.com<\/a><\/figcaption><\/figure>\nIn the stated case, BNB price could test $750. A close above the $750 resistance might set the pace for a larger move toward the $785 resistance. Any more gains might call for a test of the $800 level in the near term.<\/p>\n
Another Dip?<\/h2>\n If BNB fails to clear the $725 resistance, it could start another decline. Initial support on the downside is near the $715 level. The next major support is near the $700 level.<\/p>\n
The main support sits at $685. If there is a downside break below the $685 support, the price could drop toward the $665 support. Any more losses could initiate a larger decline toward the $650 level.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 The MACD for BNB\/USD is losing pace in the bearish zone.<\/p>\n
Hourly RSI (Relative Strength Index) \u2013 The RSI for BNB\/USD is currently above the 50 level.<\/p>\n
Major Support Levels \u2013 $715 and $700.<\/p>\n
Major Resistance Levels \u2013 $740 and $750.<\/p>\n","protected":false},"excerpt":{"rendered":"
BNB price is consolidating near the $725 zone. The price is showing positive signs and might aim for a move above the $740 resistance. BNB price started a downside correction from the $800 resistance zone. The price is now trading above $700 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $725 on the hourly chart of the BNB\/USD pair (data source from Binance). The pair must stay above the $715 level to start another increase in the near term. BNB Price Holds Support After a close above the $700 level, BNB price extended its increase, like Ethereum and Bitcoin. The bulls were able to pump the price above the $720 and $750 resistance levels. Finally, the price tested the $800 zone. A high was formed at $794 before there was a downside correction. There was a move below the $750 and $740 levels. However, the price is now holding gains above the $700 level. A low was formed at $688 and the price is now consolidating above the 23.6% Fib retracement level of the downward move from the $795 swing high to the $688 low. The price is now trading above $700 and the 100-hourly simple moving average. If there is a fresh increase, the price could face resistance near the $725level. There is also a key bearish trend line forming with resistance at $725 on the hourly chart of the BNB\/USD pair. The next resistance sits near the $740 level. It is near the 50% Fib retracement level of the downward move from the $795 swing high to the $688 low. A clear move above the $740 zone could send the price higher. In the stated case, BNB price could test $750. A close above the $750 resistance might set the pace for a larger move toward the $785 resistance. Any more gains might call for a test of the $800 level in the near term. Another Dip? If BNB fails to clear the $725 resistance, it could start another decline. Initial support on the downside is near the $715 level. The next major support is near the $700 level. The main support sits at $685. If there is a downside break below the $685 support, the price could drop toward the $665 support. Any more losses could initiate a larger decline toward the $650 level. Technical Indicators Hourly MACD \u2013 The MACD for BNB\/USD is losing pace in the bearish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for BNB\/USD is currently above the 50 level. Major Support Levels \u2013 $715 and $700. Major Resistance Levels \u2013 $740 and $750.<\/p>\n","protected":false},"author":67,"featured_media":658178,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83365],"tags":[13291,86483,79546,79524,79611],"class_list":["post-658176","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bnb","tag-binance-coin","tag-bnb-price","tag-bnbbtc","tag-bnbusd","tag-bnbusdt"],"acf":[],"yoast_head":"\n
BNB Price Eyes Another Leap: Is a Fresh Surge Incoming?<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n