- Binance (BNB) rises by $ 2 % above $ 680 after breaking the bull science style.
- Maxwell Hard FORK to reduce mass times to 0.75 seconds on the Bachelor.
- The open interest is 800 million dollars with $ 423,000 in short qualifiers.
Binance Coin (BNB) penetrated the resistance level of $ 680 with a 2 % increase, and the completion of bull science that analysts believe can pay prices towards the target of $ 750. The march comes at a time when the broader encryption market shows bullish feelings and technical indicators alignment with the continuation of the upward trend.
The price movement represents a decisive break from the falling canal style that has been bound by BNB since December 2024. After an increase of approximately 15 % in early May created the initial penetration, BNB recently re -installed the support level of $ 637 before the launch of the rise today.
Technical analysis shows that the golden intersection between the 50 -day enlarged moving averages has provided an additional upward confirmation. BNB also crossed over EMA for 100 days, which created a second positive crossover in just one week.
The daily relative strength index (RSI) was recovered before reaching the center point, indicating the regeneration of the bullish momentum without entering the peak area. This means more opportunities for the pump soon.
The formation of the bull science aims to level 750 dollars
The graph analysis reveals the bull science pattern after the last gathering, with technical projections that indicate the capabilities of 16 % to a teacher of $ 750. The formation of science usually indicates monotheism before the leg rises in a market that is heading.
However, traders may face short -term resistance near the level of psychological dollars, which may provide a temporary obstacle before any payment of about 750 dollars. Failure to retain current levels may lead to a decrease in the $ 637 support zone if the wider market fluctuations increase.
The technical preparation appears favorable to achieve continuous gains, as the transitions from the Multi -Timarine EMA support the ups and RSI readings that indicate sustainable momentum instead of excessive memory conditions.
The increase in optimism BNB stems partially from advertisement Among the upcoming MaxWell Hard FORK, which will bring three main promotions to the Binance Smart series. The most influential change includes the BEP-524, which will reduce the current mass times from about 3 seconds to only 0.75 seconds.
Maxwell Hardfork is coming to a bachelor’s degree.
This is not just another upgrade – it’s a technical leap for the fastest masses, the best network and the most smooth network performance.
Let’s divide it
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BNB (bnbchain) May 20, 2025
Additional improvements include BEP-563, designed to enhance the verification network correspondence, and the bep-564, which implement a more intelligent logic to improve network efficiency. These promotions put a smart series to process transactions faster and the possibility of better expansion.
The solid fork is a major technical landmark that can attract the activity of additional developers and institutional accreditation of the BSC ecosystem, which may increase the demand for BNB as an original symbol of the network.
