Wednesday, July 30, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

BNB Price Surges Over 5%, Why Bulls Could Aim For $400 In Feb 2024

16 February 2024
in Analysis
Reading Time: 3 mins read
0 0
A A
0
Home Analysis
Share on FacebookShare on Twitter


BNB worth is gaining bullish momentum from the $315 assist zone. The worth might lengthen its rally above $375 and rise towards the $400 degree within the close to time period.

BNB worth is exhibiting bullish indicators above the $350 pivot degree.
The worth is now buying and selling above $355 and the 100 easy shifting common (4 hours).
There’s a key bullish development line forming with assist at $354 on the 4-hour chart of the BNB/USD pair (knowledge supply from Binance).
The pair might collect bullish momentum if there’s a shut above the $365 resistance zone.

BNB Value Regains Power

Previously few days, BNB worth began a good improve and cleared the $335 resistance zone. There was a transfer above the $350 degree to maneuver right into a constructive zone, like Bitcoin and Ethereum.

The worth even spiked above $365. A excessive was shaped close to $366 and the worth is now consolidating positive aspects above the 23.6% Fib retracement degree of the upward transfer from the $315 swing low to the $366 excessive. BNB is now buying and selling above $355 and the 100 easy shifting common (4 hours).

There may be additionally a key bullish development line forming with assist at $354 on the 4-hour chart of the BNB/USD pair. Rapid resistance is close to the $365 degree.

Supply: BNBUSD on TradingView.com

The subsequent resistance sits close to the $375 degree. A transparent transfer above the $375 zone might ship the worth additional greater. Within the acknowledged case, BNB worth might take a look at $388. A detailed above the $388 resistance may set the tempo for a bigger improve towards the $400 resistance. Any extra positive aspects may name for a take a look at of the $420 degree.

Dips Supported?

If BNB fails to clear the $365 resistance, it might begin a draw back correction. Preliminary assist on the draw back is close to the $355 degree and the development line.

The subsequent main assist is close to the $342 degree or the 50% Fib retracement degree of the upward transfer from the $315 swing low to the $366 excessive. The primary assist sits at $335. If there’s a draw back break under the $335 assist, the worth might drop towards the $322 assist. Any extra losses might provoke a bigger decline towards the $315 degree.

Technical Indicators

4-Hours MACD – The MACD for BNB/USD is gaining tempo within the bullish zone.

4-Hours RSI (Relative Power Index) – The RSI for BNB/USD is presently above the 50 degree.

Main Assist Ranges – $355, $342, and $335.

Main Resistance Ranges – $365, $375, and $388.

Disclaimer: The article is supplied for academic functions solely. It doesn’t signify the opinions of NewsBTC on whether or not to purchase, promote or maintain any investments and naturally investing carries dangers. You’re suggested to conduct your personal analysis earlier than making any funding choices. Use data supplied on this web site totally at your personal danger.



Source link

Tags: AimBNBbullsFebPriceSurges
Previous Post

Mexican Billionaire Outlines 4 Key Reasons to Buy Bitcoin — Says ‘You Have to Know How to Invest’ – Markets and Prices Bitcoin News

Next Post

Bitcoin ETFs Boosts Coinbase (COIN) Shares As JPMorgan Upgrades Rating

Related Posts

PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal
Analysis

PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal

30 July 2025
BNB Price Corrects Gains After Strong Rally – Is It Just a Healthy Pullback?
Analysis

BNB Price Corrects Gains After Strong Rally – Is It Just a Healthy Pullback?

30 July 2025
XRP Price Starts Recovery Move – Will It Lead to a Bullish Reversal?
Analysis

XRP Price Starts Recovery Move – Will It Lead to a Bullish Reversal?

30 July 2025
Altcoins update: Dogecoin and Injective signal recoveries as Ethereum eyes $4,000 – CoinJournal
Analysis

Altcoins update: Dogecoin and Injective signal recoveries as Ethereum eyes $4,000 – CoinJournal

29 July 2025
FARTCOIN price dips 20% as top whale takes profit – CoinJournal
Analysis

FARTCOIN price dips 20% as top whale takes profit – CoinJournal

29 July 2025
Dogecoin (DOGE) Dips Again – Healthy Correction or Sign of Weakening Momentum?
Analysis

Dogecoin (DOGE) Dips Again – Healthy Correction or Sign of Weakening Momentum?

29 July 2025
Next Post
Bitcoin ETFs Boosts Coinbase (COIN) Shares As JPMorgan Upgrades Rating

Bitcoin ETFs Boosts Coinbase (COIN) Shares As JPMorgan Upgrades Rating

Crypto Traders See 20% Chance of Bitcoin Topping $70K by April End: DeFi Options Marketplace Lyra

Crypto Traders See 20% Chance of Bitcoin Topping $70K by April End: DeFi Options Marketplace Lyra

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
BNB Price Gears Up for Upside Break — Will Bulls Deliver?

BNB Price Gears Up for Upside Break — Will Bulls Deliver?

8 July 2025
Something Big Is Coming For XRP On July 9—Why It Matters

Something Big Is Coming For XRP On July 9—Why It Matters

8 July 2025
XRP could rally higher on steady capital inflow; check forecast

XRP could rally higher on steady capital inflow; check forecast

8 July 2025
10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

24 May 2025
Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

2 July 2025
Live Best Meme Coins Updates Today: TOKEN6900 Presale Begins with Promises of 1000x, SEC Approves First-Ever ETF with Bitcoin, Ethereum, XRP, and More…

Live Best Meme Coins Updates Today: TOKEN6900 Presale Begins with Promises of 1000x, SEC Approves First-Ever ETF with Bitcoin, Ethereum, XRP, and More…

2 July 2025
Bitcoin Net Realized Profit Drops To $1.4B As Market Absorbs Galaxy’s 80K BTC Distribution | Bitcoinist.com

Bitcoin Net Realized Profit Drops To $1.4B As Market Absorbs Galaxy’s 80K BTC Distribution | Bitcoinist.com

30 July 2025
JPMorgan and Coinbase Bring Crypto to Cards and Rewards

JPMorgan and Coinbase Bring Crypto to Cards and Rewards

30 July 2025
Shiba Inu Bearish Reversal Setup Says Dump Below $0.000013 Is Coming | Bitcoinist.com

Shiba Inu Bearish Reversal Setup Says Dump Below $0.000013 Is Coming | Bitcoinist.com

30 July 2025
Ethereum sets sight on becoming the ‘global computer’ in the next 10 years

Ethereum sets sight on becoming the ‘global computer’ in the next 10 years

30 July 2025
Dragonfly Capital No Longer Under DOJ Scrutiny In Tornado Cash Trial: Co-Founder – Decrypt

Dragonfly Capital No Longer Under DOJ Scrutiny In Tornado Cash Trial: Co-Founder – Decrypt

30 July 2025
Wyoming Senator pushes bill to allow crypto in mortgage – CoinJournal

Wyoming Senator pushes bill to allow crypto in mortgage – CoinJournal

30 July 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$117,875.00-0.01%
  • ethereumEthereum(ETH)$3,803.080.71%
  • rippleXRP(XRP)$3.140.04%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$790.33-2.64%
  • solanaSolana(SOL)$178.84-1.48%
  • usd-coinUSDC(USDC)$1.000.01%
  • staked-etherLido Staked Ether(STETH)$3,801.540.87%
  • dogecoinDogecoin(DOGE)$0.221307-1.07%
  • tronTRON(TRX)$0.326082-3.19%