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The price of BNB turns out to be unusual stubborn strength on a weekly chart, with technical signals for Potential raise to $ 1000. Altcoin not only has broken levels of resistance, but currently maintains a fortress above the 50-week-old movable interpretation (EMA).
BNB price set to catapults up to $ 1000
WITH Rush buildingBinance Coin (BNB) can be prepared to significantly transfer prices to $ 1000, taking it significantly primarily at a high level. This forecast, published in Analysis report By TradingView Crypto Expert Unicartz, he notes that the price of BNB has broken above the long -term Decreasing resistance lineindicated by the red line on the chart.
Breaking from this downward trend signals the end of the multi -month phase of consolidation and potentially inevitable reversal of the trend. Moreover, the cryptocurrency regained the historic resistance zone to support marked in a shady gray zone around the 460-535 USD range, which previously acted as A “Battle process for bulls and bears. “This key level now serves as a potential start for further profits, strengthening the stubborn structure of the BNB chart.
Going forward, 50 EMAHighlined by the orange line on the chart, he acted many times as animated support for the BNB price in advance withdrawal. The TradingView analyst revealed that BNB has repeatedly affected this movable average, confirming it as a reliable basis for a potential rally.
As long as the price continues to trade above this 50 EMA and as part of the recovered zone, the Unicartz prospects for BNB remain confident. With a strong momentum of stubborn rush, it is likely that about 793 USD is likely. A successful breakthrough above this level can cause 45.99% of climbing towards the 1000 USD psychological mark.
BNB Bulls under control, because the price is aimed at fresh breaking
The Wise Crypto market analyst has released stubborn bnb price forecast, providing Huge explosion It could soon raise Altcoin above $ 700. According to the analyst, several technical indicators and stubborn events are equalized in favor of this expected price raise.
On the technical side of Wise Crypto indicated indicators such as EMA, DMI and Ichimoku clouds flashing stubborn. Basically, the analyst emphasized the growing decentralized exchange of Binance coin.
In particular, DEX BNB volume has increased rapidly by an impressive raise by 85.66% in one week. DEX commercial volume recorded an raise of around $ 34.85 billion, which is much above the main competitors, Ethereum and Solana.
Moreover, Wise Crypto declared this Bnb bulls In the end I took control and the market trend shows strength. Supported by positive technical indicators and the growing DEX volume, the price of BNB is to raise by around 2.21% compared to the current price of USD 684.85 to reach 700 USD in the near future.
A distinguished picture from Adobe, chart from TradingView.com
