BNB Price Holds Its Uptrend – Key Levels That Could Trigger More Gains
BNB price is gaining pace above the $920 zone. The price is now showing positive signs and might aim for a move above the $950 level in the near term. BNB price started a fresh increase above the $900 and $920 levels. The price is now trading above $920 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $925 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $910 level to start another increase in the near term. BNB Price Eyes More Gains BNB price formed a base above the $880 level and started a....
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Bitcoin Price Key Highlights. Bitcoin price came close to the $300 mark in its stellar rally towards the end of the previous week. Price made a large correction after the strong climb, as buyers are garnering more energy for sustained gains past the recent highs. Bitcoin price is on a steady uptrend on its 1-hour time frame and is pulling back to a rising trend line support area. 100 SMA Support. Aside from finding support at the ascending trend line, bitcoin price is also propped up by the 100 SMA. This short-term moving average is above the longer-term 200 SMA, indicating that the....
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Bitcoin has seen a lot of sideways price action during this week but might be able to extend its gains and regain higher grounds. The cryptocurrency continues to trade in the green and seems to be showing signs of further short-term appreciation. At the time of writing, Bitcoin trades at $23,200 with 9% profits over the past week and 1% profits in the last 24 hours. Over the last week, Bitcoin has provided more clarity about its price direction. According to a report from Arcane Research, the cryptocurrency has managed to slowly break above the critical resistance levels at $20,000,....
Bitcoin is capturing global attention as its price surges toward the monumental $100,000 mark, a level that holds psychological and technical significance in the cryptocurrency market. This move is backed by strong market support and rising optimism among institutional and retail investors. The current uptrend showcases Bitcoin’s resilience as key support levels have successfully absorbed selling pressure, paving the way for sustained bullish momentum. Analysts suggest that the ongoing rally could redefine market dynamics, potentially attracting a new wave of capital and solidifying....