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BNB Price Surge: Upbeat Momentum Builds After $724 Breakout Newsbtc 04 دسامبر 2024

BNB Price Surge: Upbeat Momentum Builds After $724 Breakout 📈

Technical analysis BNB RSI Binance

BNB recently broke through the significant $724 resistance level, initiating a strong bullish surge with high trading activity and robust market sentiment. This development leads to speculation about further growth potential and uncharted territory for the token.

The 4-hour chart reveals BNB’s price movement above the 100-day Simple Moving Average (SMA), indicating a bullish trajectory and underlying strength. The Relative Strength Index (RSI) climbed to 78%, reflecting increased buying pressure and a shift to overbought conditions.

On the daily chart, bullish candlesticks signal continued upward momentum, and the RSI’s rise to 76% suggests optimism despite signs of overheating. The immediate target for BNB is reaching $800, but there is caution due to the overbought market.

It remains to be seen whether the bulls can sustain this momentum beyond $724. A continued upward trajectory could take the value even higher, although failing to maintain this momentum might result in a decline back toward support zones.

منبع: www.newsbtc.com ↗

مقالات مشابه (17)

BNB Price Jumps to New All-Time High Breaking Key Resistance Level TheNewsCrypto 04 دسامبر 2024
BNB Price Jumps to New All-Time High Breaking Key Resistance Level
BNB Price Eyes Another Leap: Is a Fresh Surge Incoming? Newsbtc 06 دسامبر 2024
BNB Price Eyes Another Leap: Is a Fresh Surge Incoming?
BNB Hits New ATH: Bullish Indicators Signal $900 Target CryptoTale 04 دسامبر 2024
BNB Hits New ATH: Bullish Indicators Signal $900 Target
BNB Bulls Eye $750: Momentum Builds for a New Surge Newsbtc 12 دسامبر 2024
BNB Bulls Eye $750: Momentum Builds for a New Surge
BNB Price Records a New All-Time High of $774 After 6 Months Beincrypto 04 دسامبر 2024
BNB Price Records a New All-Time High of $774 After 6 Months
BNB hits all-time high of $775: Will $1,000 follow soon? Ambcrypto 04 دسامبر 2024
BNB hits all-time high of $775: Will $1,000 follow soon?
BNB Price Surges to New All-Time High: Is $1,000 the Next Target? Coinpedia 04 دسامبر 2024
BNB Price Surges to New All-Time High: Is $1,000 the Next Target?
BNB Price Skyrockets To New All Time High, Rally To $1000 Near? Coingape 04 دسامبر 2024
BNB Price Skyrockets To New All Time High, Rally To $1000 Near?
BNB’s next move: Could a supply squeeze lead to 100% gains? Ambcrypto 05 دسامبر 2024
BNB’s next move: Could a supply squeeze lead to 100% gains?
BNB faces correction after climbing 10% last week: New predictions? Ambcrypto 07 دسامبر 2024
BNB faces correction after climbing 10% last week: New predictions?
Will BNB Price Hold Above $700 Amid Surge In Volume Coingape 09 دسامبر 2024
Will BNB Price Hold Above $700 Amid Surge In Volume
BNB Displays Promising Growth Potential Amid Rising Network Activity and Decreasing Supply Coinotag 05 دسامبر 2024
BNB Displays Promising Growth Potential Amid Rising Network Activity and Decreasing Supply
Can BNB Approach $800? Assessing Its Recent Performance and Market Momentum Coinotag 06 دسامبر 2024
Can BNB Approach $800? Assessing Its Recent Performance and Market Momentum
BNB Shows Cup-and-Handle Pattern Potential for 200% Gains Amid Altseason Hints and Market Bullishness Coinotag 04 دسامبر 2024
BNB Shows Cup-and-Handle Pattern Potential for 200% Gains Amid Altseason Hints and Market Bullishness
BNB Reaches New All-Time High Amid Bullish Momentum, but Key Support at $721 Remains Crucial for Future Gains Coinotag 04 دسامبر 2024
BNB Reaches New All-Time High Amid Bullish Momentum, but Key Support at $721 Remains Crucial for Future Gains
BNB Faces Price Correction After Weekly Surge: Can a Bullish Reversal Target $744? Coinotag 07 دسامبر 2024
BNB Faces Price Correction After Weekly Surge: Can a Bullish Reversal Target $744?
BNB Reaches New All-Time High, Targeting $800 Amid Potential Profit-Taking Risks Coinotag 04 دسامبر 2024
BNB Reaches New All-Time High, Targeting $800 Amid Potential Profit-Taking Risks

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