{"id":11942,"date":"2022-11-02T09:19:17","date_gmt":"2022-11-02T09:19:17","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/11\/02\/why-the-bulls-aim-more-gains-above-350\/"},"modified":"2022-11-02T09:19:17","modified_gmt":"2022-11-02T09:19:17","slug":"why-the-bulls-aim-more-gains-above-350","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/11\/02\/why-the-bulls-aim-more-gains-above-350\/","title":{"rendered":"Why The Bulls Aim More Gains Above $350"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div wp_automatic_readability=\"64.265747297801\">\n<p><em>BNB (Binance coin) value began a recent rally from the $265 help in opposition to the US Dollar. BNB is buying and selling in a constructive zone and would possibly quickly clear the $350 resistance.<\/em><\/p>\n<ul>\n<li>Binance coin value gained tempo above the $300 and $320 resistance ranges in opposition to the US Dollar.<\/li>\n<li>The value is now buying and selling effectively above $300 and the 100 easy shifting common (4-hours).<\/li>\n<li>There are two main bullish pattern traces forming with help close to $320 and $315 on the 4-hours chart of the BNB\/USD pair (knowledge supply from Binance).<\/li>\n<li>The pair might quickly resume its rally until there&#8217;s a transfer beneath the $300 help zone.<\/li>\n<\/ul>\n<h2>Binance Coin Price Remains In Uptrend<\/h2>\n<p>After forming a base above the $265 degree, BNB value began a powerful improve. The bulls took management, leading to a surge above the $280 and $285 resistance ranges.<\/p>\n<p>The value gained tempo after it broke the $300 barrier and the 100 easy shifting common (4-hours). Finally, it spiked above the $335 degree and fashioned a brand new month-to-month excessive at $337. Recently, there was a minor draw back correction beneath the $330 degree, just like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-fresh-surge-22k\/\" target=\"_blank\" rel=\"noopener\">bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-eyes-fresh-rally-1600\/\" target=\"_blank\" rel=\"noopener\">ethereum<\/a>.<\/p>\n<p>The value examined the 23.6% Fib retracement degree of the upward transfer from the $263 swing low to $337 excessive. An preliminary help is close to the $320 degree. There are additionally two main bullish pattern traces forming with help close to $320 and $315 on the 4-hours chart of the BNB\/USD pair.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/Binance-Coin-BNB.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-509006\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/Binance-Coin-BNB.png\" alt=\"Binance Coin Price \" width=\"1834\" height=\"845\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/Binance-Coin-BNB.png 1834w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/Binance-Coin-BNB-460x212.png 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/Binance-Coin-BNB-860x396.png 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/Binance-Coin-BNB-768x354.png 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/Binance-Coin-BNB-1536x708.png 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/Binance-Coin-BNB-750x346.png 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/Binance-Coin-BNB-1140x525.png 1140w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\"\/><\/a><\/p>\n<p>Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BNBUSD\/\" target=\"_blank\" rel=\"noopener\">BNBUSD on TradingView.com<\/a><\/p>\n<p>The first main help is close to the $312 degree. The subsequent main help is close to the $300 degree or the 50% Fib retracement degree of the upward transfer from the $263 swing low to $337 excessive. If there&#8217;s a draw back break beneath the $300 help, there may very well be an prolonged decline in direction of the $280 help.<\/p>\n<h2>More Upsides in BNB?<\/h2>\n<p>If BNB fails stays steady above $320 or $300, it might begin a recent improve. On the upside, the $328 and $330 ranges are quick hurdles.<\/p>\n<p>The subsequent main resistance is close to the $335 degree, above which the worth is more likely to goal a check of the $350 degree within the close to time period. Any extra good points would possibly ship the worth in direction of the $400 degree.<\/p>\n<p>Technical Indicators<\/p>\n<p>4-Hours MACD \u2013 The MACD for BNB\/USD is shedding tempo within the bullish zone.<\/p>\n<p>4-Hours RSI (Relative Strength Index) \u2013 The RSI for BNB\/USD is presently effectively above the 60 degree.<\/p>\n<p>Major Support Levels \u2013 $320, $312 and $300.<\/p>\n<p>Major Resistance Levels \u2013 $330, $335 and $350.<\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.newsbtc.com\/analysis\/bnb\/bnb-price-prediction-gains-350\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] BNB (Binance coin) value began a recent rally from the $265 help in opposition to the US Dollar. BNB is buying and selling in a constructive zone and would possibly quickly clear the $350 resistance. Binance coin value gained tempo above the $300 and $320 resistance ranges in opposition to the US Dollar. The 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