{"id":32647,"date":"2023-11-21T05:47:35","date_gmt":"2023-11-21T05:47:35","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/11\/21\/bnb-price-momentum-reignites-why-bulls-could-aim-for-15-rally\/"},"modified":"2023-11-21T05:47:35","modified_gmt":"2023-11-21T05:47:35","slug":"bnb-price-momentum-reignites-why-bulls-could-aim-for-15-rally","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/11\/21\/bnb-price-momentum-reignites-why-bulls-could-aim-for-15-rally\/","title":{"rendered":"BNB Price Momentum Reignites \u2013 Why Bulls Could Aim For 15% Rally"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><em>BNB value gained momentum and climbed above the $250 resistance. It is up over 5% and the bulls may quickly goal for a transfer towards the $300 degree.<\/em><\/p>\n<ul>\n<li>BNB value is shifting larger above the $250 resistance.<\/li>\n<li>The value is now buying and selling above $255 and the 100 easy shifting common (4 hours).<\/li>\n<li>There is a significant bullish development line forming with help at $253.5 on the 4-hour chart of the BNB\/USD pair (information supply from Binance).<\/li>\n<li>The pair may proceed to maneuver up if there&#8217;s a clear transfer above $268.<\/li>\n<\/ul>\n<h2>BNB Price Jumps 8%<\/h2>\n<p>These previous few days, BNB value remained steady above the $240 resistance. The bulls stepped in and had been capable of clear a significant hurdle at $250. It opened the doorways for extra upsides above $255.<\/p>\n<p>BNB gained traction and climbed above $260. It is up over 5% and outperforming each <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-uptrend-38k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-clears-hurdle-2020\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. A brand new multi-week excessive is shaped close to $267.9 and the value is now consolidating beneficial properties. It is above the 23.6% Fib retracement degree of the upward transfer from the $238.9 swing low to the $267.9 excessive.<\/p>\n<p>BNB can be buying and selling above $255 and the 100 easy shifting common (4 hours). Besides, there&#8217;s a main bullish development line forming with help at $253.5 on the 4-hour chart of the BNB\/USD pair.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/11\/Binance-Coin-BNB-1.png?resize=1024%2C468\"><img decoding=\"async\" class=\"alignnone size-full wp-image-561670\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/11\/Binance-Coin-BNB-1.png?resize=1024%2C468\" alt=\"BNB Price Jumps 8%\" width=\"1024\" height=\"468\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/11\/Binance-Coin-BNB-1.png?resize=1024%2C468?w=1835 1835w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/11\/Binance-Coin-BNB-1.png?resize=1024%2C468?w=460 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/11\/Binance-Coin-BNB-1.png?resize=1024%2C468?w=768 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/11\/Binance-Coin-BNB-1.png?resize=1024%2C468?w=860 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/11\/Binance-Coin-BNB-1.png?resize=1024%2C468?w=1536 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/11\/Binance-Coin-BNB-1.png?resize=1024%2C468?w=750 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/11\/Binance-Coin-BNB-1.png?resize=1024%2C468?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" loading=\"lazy\" data-recalc-dims=\"1\"\/><\/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>If there&#8217;s a recent improve, the value may face resistance close to the $265 degree. The subsequent resistance sits close to the $268 degree. A transparent transfer above the $268 zone may ship the value additional larger. In the said case, BNB value may check $280. An in depth above the $280 resistance may set the tempo for a bigger improve towards the $300 resistance.<\/p>\n<h2>Downside Correction?<\/h2>\n<p>If BNB fails to clear the $265 resistance, it may begin a draw back correction. Initial help on the draw back is close to the $260 degree. The subsequent main help is close to the $255 degree.<\/p>\n<p>The primary help sits at $253 or the development line. It is near the 50% Fib retracement degree of the upward transfer from the $238.9 swing low to the $267.9 excessive. If there&#8217;s a draw back break under the $253 help, the value may drop towards the $245 help. Any extra losses may provoke a bigger decline towards the $238 degree.<\/p>\n<p>Technical Indicators<\/p>\n<p>4-Hours MACD \u2013 The MACD for BNB\/USD is gaining tempo within the bullish zone.<\/p>\n<p>4-Hours RSI (Relative Strength Index) \u2013 The RSI for BNB\/USD is presently above the 50 degree.<\/p>\n<p>Major Support Levels \u2013 $260, $255, and $253.<\/p>\n<p>Major Resistance Levels \u2013 $265, $268, and $280.<\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.newsbtc.com\/analysis\/bnb\/bnb-price-momentum-reignites-268\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] BNB value gained momentum and climbed above the $250 resistance. It is up over 5% and the bulls may quickly goal for a transfer towards the $300 degree. BNB value is shifting larger above the $250 resistance. The value is now buying and selling above $255 and the 100 easy shifting common (4 hours). [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25367,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[1240,370,640,1074,110,439,8092],"class_list":["post-32647","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-aim","tag-bnb","tag-bulls","tag-momentum","tag-price","tag-rally","tag-reignites","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/32647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=32647"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/32647\/revisions"}],"predecessor-version":[{"id":32648,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/32647\/revisions\/32648"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/25367"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=32647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=32647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=32647"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