Will BNB Cross $250 With This New Bull Trend?
BNB showcases a breakout from its falling wedge pattern.
It rebounded from the $200 mark.
Potential to approach the $230 resistance to reverse its downtrend.
BNB failed to surpass $350 in 2023, leading to a drop to $200.
The price is currently $216.60, with a slight intraday decline.
Recent price actions display a double-bottom reversal.
Resistance is noted from the 50-day EMA.
Bullish trends are evident from MACD and RSI indicators.
BNB might aim for the $250 mark post surpassing $230.
A decline might challenge the falling wedge pattern's foundational support.
It rebounded from the $200 mark.
Potential to approach the $230 resistance to reverse its downtrend.
BNB failed to surpass $350 in 2023, leading to a drop to $200.
The price is currently $216.60, with a slight intraday decline.
Recent price actions display a double-bottom reversal.
Resistance is noted from the 50-day EMA.
Bullish trends are evident from MACD and RSI indicators.
BNB might aim for the $250 mark post surpassing $230.
A decline might challenge the falling wedge pattern's foundational support.