{"id":598760,"date":"2024-03-20T04:48:38","date_gmt":"2024-03-20T04:48:38","guid":{"rendered":"https:\/\/ktsl888.com\/?p=598760"},"modified":"2024-06-11T14:41:23","modified_gmt":"2024-06-11T14:41:23","slug":"bnb-price-could-restart-rally-500","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bnb-price-could-restart-rally-500\/","title":{"rendered":"BNB Price Could Restart Rally If It Is Able To Hold This Key Support"},"content":{"rendered":"
BNB price rallied further above $600 before it faced sellers. The price corrected gains and now testing an important support at $500.<\/em><\/p>\n
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BNB price started a downside correction from the $645 resistance zone.<\/li>\n
The price is now trading near $515 and the 100 simple moving average (4 hours).<\/li>\n
There is a key bearish trend line forming with resistance near $520 on the 4-hour chart of the BNB\/USD pair (data source from Binance).<\/li>\n
The pair could attempt a fresh increase if it stays above the $500 support zone.<\/li>\n<\/ul>\n
BNB Price Holds Support<\/h2>\n
In the last BNB price prediction, we discussed the chances of more gains above the $550 resistance zone. The price continued to rise and broke many hurdles near the $580 level.<\/p>\n