BNB Chain Upgrade in Progress – Will BNB Skyrocket?
CZ recently hinted at an upcoming BNB Chain upgrade, with details expected soon. This news has contributed to a solid recovery for BNB.
However, will this upgrade trigger a breakout similar to what we saw in 2021? In terms of technology, the update appears positive for BNB, but from a broader perspective, it seems unlikely to drive a massive rally.
From my analysis, the maximum adjustment range for BNB could be around $700, specifically $670, before it retraces toward the $440 level.
Once both the weekly (W) and monthly (M) charts form a complete bottom, BNB could see another bullish leg. In the short term, however, there are no strong bullish signals indicating an imminent surge.
Let's discuss and debate.
CZ recently hinted at an upcoming BNB Chain upgrade, with details expected soon. This news has contributed to a solid recovery for BNB.
However, will this upgrade trigger a breakout similar to what we saw in 2021? In terms of technology, the update appears positive for BNB, but from a broader perspective, it seems unlikely to drive a massive rally.
From my analysis, the maximum adjustment range for BNB could be around $700, specifically $670, before it retraces toward the $440 level.
Once both the weekly (W) and monthly (M) charts form a complete bottom, BNB could see another bullish leg. In the short term, however, there are no strong bullish signals indicating an imminent surge.
Let's discuss and debate.
Note
700$Note
600$ 
Founder: rainbowsniper.ai (searching trend systme,coming soon) Telegram information: t.me/rainbowmg3 Vietnammese Channel: chat.beincom.com/178aa7279bd5/channels/town-square
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Founder: rainbowsniper.ai (searching trend systme,coming soon) Telegram information: t.me/rainbowmg3 Vietnammese Channel: chat.beincom.com/178aa7279bd5/channels/town-square
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.