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Cryptopolitan 2021-08-20 06:53:18

Binance Price Analysis: BNB/USD breaches $425 resistance and sets daily high at $436

TL;DR Breakdown Today’s Binance Coin price analysis is bullish after the coin rallied 8.62 percent.BNB/USD traded within a daily range of $425 – $436 suggesting mild volatility  Binance CoinPrice Analysis: General price overview Today’s Binance Coin price analysis is bullish after the coin rallied 8.62 percent and breached the $420 and $425 price resistance. We expect the coin to rally higher as the bulls are primed to hit their target near $450. The cryptocurrency market is trading within the green zone following rapid bullish movements across the majority of the coins. Bitcoin and Ethereum both raked percentage gains aboe 5. While Cardano, Dogecoin, and Axis Infinity appeared among the top gainers of the day.  Binance Coin price movement in the last 24 hours: Binance Coin bounces above $415 According to our Binance Coin price analysis, BNB/USD traded within a daily range of $425 – $436 suggesting mild volatility over the last 24 hours.  The total trading volume is 17 percent up from yesterday’s figure and totals $2.47 billion. On the other hand, the total market capitalization rose by 8.31 percent to $72 billion.  BNB/USD 4-hour chart: BNB will rally into the weekend On the Binance Coin price analysis 4-hour chart, BNB/USD pair is attempting to break out of the $430 psychological resistance. The bulls are consolidating momentum within this price range ($428 – $430) as a means to outshi...

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