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{"id":512374,"date":"2022-12-14T00:28:35","date_gmt":"2022-12-14T05:28:35","guid":{"rendered":"https:\/\/ktsl888.com\/?p=512374"},"modified":"2024-06-11T14:31:56","modified_gmt":"2024-06-11T14:31:56","slug":"bnb-price-prediction-surge-285","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bnb-price-prediction-surge-285\/","title":{"rendered":"BNB Price Prediction: Breaking This Barrier Could Spark a Significant Surge"},"content":{"rendered":"

BNB price (Binance coin) found support near $255 against the US Dollar. BNB is rising and might gain pace if it clears the $285 resistance zone.<\/em><\/p>\n

\n
Binance coin price started a recovery wave from the $255 support against the US Dollar.<\/li>\n
The price is now trading below $280 and the 100 simple moving average (4-hours).<\/li>\n
There is a major bearish trend line forming with resistance near $285 on the 4-hours chart of the BNB\/USD pair (data source from Binance).<\/li>\n
The pair could start a fresh rally if it clears the $285 and $290 levels.<\/li>\n<\/ul>\n
Binance Coin Price Aims Upside Break<\/h2>\n
After a steady decline, BNB price settled below the $280 level. It tested the $255 support zone and traded as low as $253.8. Recently, there was a recovery wave above the $260 level, similar to bitcoin<\/a> and ethereum<\/a>.<\/p>\n
The price climbed above the $265 and $268 resistance levels. There was a clear move above the 23.6% Fib retracement level of the main decline from the $317 swing high to $253 swing low. However, bnb price is still trading below $280 and the 100 simple moving average (4-hours).<\/p>\n
On the upside, the $280 and $285 levels are immediate hurdles. There is also a major bearish trend line forming with resistance near $285 on the 4-hours chart of the BNB\/USD pair.<\/p>\n
$\"Binance$ <\/a><\/p>\n
Source: BNBUSD on TradingView.com<\/a><\/p>\n
The 50% Fib retracement level of the main decline from the $317 swing high to $253 swing low is also near $285. The next major resistance is near the $290 level, above which the price is likely to aim a test of the $320 level in the near term. Any more gains might send the price towards the $350 level.<\/p>\n
Fresh Decline in BNB?<\/h2>\n
If BNB fails to clear the $285 resistance, it could start a fresh decline. An initial support on the downside is near the $268 and $265 levels.<\/p>\n
The first major support is near the $260 level. The next major support is near the $255 level. If there is a downside break below the $255 support, there could be an extended decline towards the $225 support.<\/p>\n
Technical Indicators<\/p>\n
4-Hours MACD \u2013 The MACD for BNB\/USD is gaining pace in the bullish zone.<\/p>\n
4-Hours RSI (Relative Strength Index) \u2013 The RSI for BNB\/USD is currently near the 50 level.<\/p>\n
Major Support Levels \u2013 $265, $260 and $255.<\/p>\n
Major Resistance Levels \u2013 $285, $290 and $320.<\/p>\n","protected":false},"excerpt":{"rendered":"
BNB price (Binance coin) found support near $255 against the US Dollar. BNB is rising and might gain pace if it clears the $285 resistance zone. Binance coin price started a recovery wave from the $255 support against the US Dollar. The price is now trading below $280 and the 100 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $285 on the 4-hours chart of the BNB\/USD pair (data source from Binance). The pair could start a fresh rally if it clears the $285 and $290 levels. Binance Coin Price Aims Upside Break After a steady decline, BNB price settled below the $280 level. It tested the $255 support zone and traded as low as $253.8. Recently, there was a recovery wave above the $260 level, similar to bitcoin and ethereum. The price climbed above the $265 and $268 resistance levels. There was a clear move above the 23.6% Fib retracement level of the main decline from the $317 swing high to $253 swing low. However, bnb price is still trading below $280 and the 100 simple moving average (4-hours). On the upside, the $280 and $285 levels are immediate hurdles. There is also a major bearish trend line forming with resistance near $285 on the 4-hours chart of the BNB\/USD pair. Source: BNBUSD on TradingView.com The 50% Fib retracement level of the main decline from the $317 swing high to $253 swing low is also near $285. The next major resistance is near the $290 level, above which the price is likely to aim a test of the $320 level in the near term. Any more gains might send the price towards the $350 level. Fresh Decline in BNB? If BNB fails to clear the $285 resistance, it could start a fresh decline. An initial support on the downside is near the $268 and $265 levels. The first major support is near the $260 level. The next major support is near the $255 level. If there is a downside break below the $255 support, there could be an extended decline towards the $225 support. Technical Indicators 4-Hours MACD \u2013 The MACD for BNB\/USD is gaining pace in the bullish zone. 4-Hours RSI (Relative Strength Index) \u2013 The RSI for BNB\/USD is currently near the 50 level. Major Support Levels \u2013 $265, $260 and $255. Major Resistance Levels \u2013 $285, $290 and $320.<\/p>\n","protected":false},"author":67,"featured_media":512376,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[13291,11427,86483,79524,79611],"class_list":["post-512374","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-binance-coin","tag-bnb","tag-bnb-price","tag-bnbusd","tag-bnbusdt"],"acf":[],"yoast_head":"\nBNB Price Prediction: Breaking This Barrier Could Spark a Significant Surge<\/title>\n<meta name=\"description\" content=\"BNB price (Binance coin) found support near $255 against the US Dollar. 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His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. 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