• Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt
No Result
View All Result
Card Bitcoin
Shop
Card Bitcoin
No Result
View All Result
Home Market & Analysis

BNB Price Targeting $600: Can It Reclaim This Milestone?

n70products by n70products
August 3, 2024
in Market & Analysis
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


BNB value is holding the $565 assist zone. The value is now consolidating and would possibly intention for extra good points above $590 within the close to time period.

  • BNB value began a good upward transfer from the $565 assist zone.
  • The value is now buying and selling above $580 and the 100-hourly easy shifting common.
  • There was a break above a key bearish pattern line with resistance at $582 on the hourly chart of the BNB/USD pair (knowledge supply from Binance).
  • The pair might lengthen its enhance if it clears the $590 resistance within the close to time period.

BNB Worth Eyes Extra Upsides

Previously few days, BNB value noticed a good upward transfer from the $565 assist zone, like Ethereum and Bitcoin. The value was in a position to climb above the $572 and $580 resistance ranges.

It even cleared the $582 resistance. The present wave surpassed the 50% Fib retracement stage of the downward transfer from the $597 swing excessive to the $568 low. In addition to, there was a break above a key bearish pattern line with resistance at $582 on the hourly chart of the BNB/USD pair.

The value is now buying and selling above $582 and the 100-hourly easy shifting common. It’s now consolidating close to the 61.8% Fib retracement stage of the downward transfer from the $597 swing excessive to the $568 low.

BNB Price

On the upside, the value might face resistance close to the $588 stage. The following resistance sits close to the $590 stage. A transparent transfer above the $590 zone might ship the value larger. Within the said case, BNB value might check $600. A detailed above the $600 resistance would possibly set the tempo for a bigger enhance towards the $620 resistance. Any extra good points would possibly name for a check of the $632 stage within the close to time period.

Are Dips Restricted?

If BNB fails to clear the $590 resistance, it might begin a draw back correction. Preliminary assist on the draw back is close to the $582 stage or the 100-hourly easy shifting common.

The following main assist is close to the $575 stage. The principle assist sits at $565. If there’s a draw back break under the $565 assist, the value might drop towards the $550 assist. Any extra losses might provoke a bigger decline towards the $532 stage.

Technical Indicators

Hourly MACD – The MACD for BNB/USD is gaining tempo within the bullish zone.

Hourly RSI (Relative Power Index) – The RSI for BNB/USD is at present above the 50 stage.

Main Assist Ranges – $582 and $575.

Main Resistance Ranges – $590 and $600.



Source link

Tags: BNBMilestonePriceReclaimTargeting
Previous Post

Ethereum Seeing High Exchange Outflows, But Watch Out For This Bearish Signal

Next Post

How to pair AirPods to your Quest 3 (and not annoy people next to you)

Next Post

How to pair AirPods to your Quest 3 (and not annoy people next to you)

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Product categories

  • Bitcoin Book
  • Bitcoin Coin
  • Bitcoin Hat
  • Bitcoin Merch
  • Bitcoin Miner
  • Bitcoin Miner Machine
  • Bitcoin Shirt
  • Bitcoin Standard
  • Bitcoin Wallet
  • Products
  • Uncategorized

Related News

Bitcoin news: How Bhutan beat El Salvador with 2x BTC reserves

Bitcoin news: How Bhutan beat El Salvador with 2x BTC reserves

September 18, 2024
Ethereum Must Stay Above $2,480 For This Bullish Signal To Hold True – Analyst

Ethereum Must Stay Above $2,480 For This Bullish Signal To Hold True – Analyst

November 3, 2024
EF-Supported Teams: Research & Development Update

EF-Supported Teams: Research & Development Update

November 4, 2024

Recents

Sharplink’s $1B Ethereum bet: How it can change the game for ETH

Sharplink’s $1B Ethereum bet: How it can change the game for ETH

June 1, 2025
France Charges 25 Over Crypto Kidnapping Spree in Paris

France Charges 25 Over Crypto Kidnapping Spree in Paris

June 1, 2025
Bitcoin Sharpe Ratio Says It’s Time For ‘Cautious Optimism’ — Further Upside Growth Incoming?

Bitcoin Sharpe Ratio Says It’s Time For ‘Cautious Optimism’ — Further Upside Growth Incoming?

June 1, 2025

CATEGORIES

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

BROWSE BY TAG

Altcoin ALTCOINS Analyst Binance Bitcoin Bitcoins Blog Breakout BTC Bullish Bulls Coinbase Crash Crypto DOGE Dogecoin ETF ETH Ethereum Foundation Heres high hits Key Level Major Market Memecoin Move Outlook Predicts Price Rally Report SEC Solana Support Surge Target Top Trader Trump Updates Whales XRP

© 2024 Card Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt

© 2024 Card Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version