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Markets

Binance is looking at a sign of $ 1,000 with bullish patterns

Main Ideas:

  • Bennes currency It is strengthened in the ups and prepares to break the ATH area soon.
  • Analysts expected an increase in the level of $ 1,000 amid a bullish style.

Bennes currency The BNB currency attracted the market attention through promising price movement and increased investor activity. At the time of the press, BNB currency price It was traded at $ 682.35, recording a decrease of more than 0.26%.

The symbol witnessed a flat movement during the past 24 hours. Moreover, its market value amounted to 97.23 billion dollars, ranked sixth in the encrypted currency market in general.

Amid the price hovering around the ATH track, BNB can witness a speculation movement. After this, Bennes currency It may lead to an increase above the level of $ 700.

The analyst expected Binance to reach $ 1,000 soon

The Binance currency price movement indicated a clear path for the bullish move. This came after penetration of the descending string style and the reference of the test on the daily chart.

Rose Premium Signal recently mentioned that BNB currency price He succeeded in re -testing the area after hacking. This also indicates the continuation of the upward trend.

Source: x

According to the analyst Bennes currency Its ups can extend. Moreover, the code can witness a height of about $ 1005 in the short term.

How can leadership and new strategy affect the BNB price?

Binance Labs has officially moved to Yzi Labs to support the broader investment focus. Web3 included along with artificial intelligence (AI) and biotechnology.

ELLA Zhang returned to the leadership of Yzi Labs as head of operations. He will manage growth and investments with the company’s expansion in areas outside the encrypted currency investments.

The company has prepared itself to achieve a significant expansion in the market by adding investments in artificial intelligence and biotechnology to its wallet. This brand change can affect BNB currency price Investors evaluate the separation from the direct impact of Binance.

From different views, the brand change is a strategy to enhance the Binance ecosystem. It also shows a way to enhance the stability of investment in the long term.

Filter map indicates future fluctuations

The filter map has set focus points, focusing on sites near $ 683. This can lead Bennes currency Next price fluctuations.

On the upper side, the scope has between $ 692 and $ 700 highlights the liquidation set with a high financial lever. On the negative side, long liquidation took place between $ 666 and $ 670. This also indicates that low prices may lead to a series of closing long centers.

Filter Map Source: Queengas
Filter Map Source: Queengas

The penetration to any of the two levels will be the decision -making time for the price Bennes currency. He remained side by two weeks and was looking for a trendy swing.

Open interest (OI) increased by more than 0.23 % to reach 991.90 million dollars during the past 24 hours. Meanwhile, OI’s weighted financing rate remained positive at 0.0042%.

BNB prices analysis: main support and resistance levels

the Bennes currency He struggled about the $ 700 region in the past two weeks and remained side. The symbol showed a shortage of purchase pressure. It decreased below the 20 -day EMA mark and stalls in a narrow range.

However, if the BNB price is broken the highest level of the range at $ 720, it can be expected to rise towards the 790 ATH mark. This road may pave the $ 1,000 level.

On the other hand, the penetration is the lowest level of $ 630 may lead to a declining movement of about $ 570. This will follow 520 dollars in the short term.

Disintegration

In this article, the opinions and opinions mentioned by the author, or any people whose names are mentioned, are for media purposes only, and do not establish investment or financial advice or any other advice. Trading or investing in encrypted currency assets involves the risk of financial loss.

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