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The BNB price shows remarkable Alcista Force In the weekly table, with technical signs aligned for a Possible increase at $ 1,000. The Altcoin not only has broken resistance levels, but currently maintains a strength above the exponential (EMA) mobile average of 50 weeks.
BNB price set at catapult at $ 1,000
With Impulse buildingBinance Coin (BNB) could be preparing for a significant price movement at $ 1,000, which takes it well above the high levels of all time. This forecast, published in a Analysis Report By the Unichartz trade crypto expert, he points out that the BNB price action has been broken above a long long data descending resistance lineindicated by the red line in the table.
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The rupture of this descending trend indicates the end of a consolidation phase of several months and a reversal of potentially imminent trends. More markedly, the cryptocurrency has recovered a historical support area marked in the shaded gray area around the range of $ 460- $ 535, which previously acted as A “Battle field for bulls and bears. “This key level is now serving as a possible launch dish for higher profits, which reinforces the upward structure of the BNB table.
Advancing, the 50 EMAHighlighted by the orange line in the table, he has acted repeatedly as a dynamic support for the price of BNB during recoil. The TrainingView analyst has revealed that on multiple occasions, BNB bounced in this mobile average, which confirms it as a reliable base for a possible rally.
While the price continues to operate above this 50 EMA and within the recovered zone, Unichartz’s perspective for BNB is still optimistic. With a sustained bullish impulse, a new test of the high zone of all time around $ 793 is likely. A successful breakdown above this level could trigger a 45.99% rise towards the psychological brand of $ 1,000.
BNB Bulls in Control as the price points to a new break
Wise Crypto market analyst has issued an upward forecast for the price of BNB, anticipating a mass rupture That could see the increase in Altcoin above $ 700 soon. According to the analyst, several technical indicators and bullish developments are aligning in favor of this projected price increase.
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On the technical side, the Cryptographic Sabia indicated indicators such as EMA, DMI and Ichimoku clouds Flashing bullish. Fundamentally, the analyst emphasized the growing volume of decentralized exchange (DEX) of Binance Coin.
In particular, BNB DEX volume has shot through an impressive increase of 85.66% in a week. The negotiation volume of Dex saw an increase of approximately $ 34.85 billion, placing it well above its main competitors, Ethereum and Solana.
In addition, Wise Crypto has declared that Bulls BNB Finally I have taken control, with the trend of the market that demonstrates strength. With the support of positive technical indicators and a growing volume of DEX, the BNB price is expected to rise approximately 2.21% of its current price of $ 684.85 to reach $ 700 in the short term.
Outstanding image of Adobe Stock, TrainingView.com box
