The price of the Binance Coin (BNB) increased by 5 % on February 22, supported by speculation after chatting between billionaire Kanye West and Binance Changpeng Zhao. The reaction sparked a $ 5 billion capital flow within hours.
Price Bings currency (BNB) rises 6 % amid Kanye West and CZ chats
Binance Exchange Native Coin BNB is exposed to intense market fluctuations in recent days. Within hours of penetration byBit Exchange, Binance moved 50,000 ETH to provide support and liquidity in emergency situations to withdraw users, which successfully helped reduce panic and avoid regular risks.
The price of BNB has a rapid recovery of 6 % of shock sales on Friday, as the billionaire rapper and fashion man, Kanye West, known for his controversial data on the Internet, achieved inquiries about the launch of a new encryption project and called on the attention of Changpeng Zhao in the latest series of hidden posts To him x (previous. Twitter).
The symbolic investigation of Kanye West with intense CZ Sparks speculation
Kanye West, recognized for his unexpected projects in music, fashion and politics, moved to social media on February 22 to discuss encoded currency. In a series of publications, he shared footage of private messages that discuss whether his Blockchain will be launched instead of just creating a Mimi currency.
West replied a message from Mickey Shelton, saying: “You are the brand. No matter how it will do well. Some things are better than others. It is about who you trust.” This indicates that the West is thinking about the Blockchain project is dangerous rather than jumping on M -currency trends. Another post show showed with Edward, who advised him: “Using Cardano for example, they had a Cardano symbol, a portfolio, a white thin system, a web site, etc. You can prepare a similar structure.”
In addition to speculation, Kanye It was recently followed by Changpeng Zhao on X, making CZ the only person to follow. Chic Chic Stores responded in the spirit of humor, and published: “Dix is much more difficult to use …” rumors of cooperation are increasing.
The West’s attention comes amid an increasing wave of encryption projects driven by celebrities. In recent years, characters such as Iggy Azalea, Caitlyn Jenner and the former American Professional League stars have launched their symbols, with mixed results.
BNB price expectations: $ 700 imminent if CZ speaks with more progress
The BNB price forecast indicates a strong momentum, unifying the highest main technical levels. The graph for 12 hours of BNB trading appears at $ 669.5, and gained 3.41 % in the session.
- Paulinger expansion: The price is compressed against the upper domain at $ 689.8, indicating an increase in bullish pressure. The collapse above this level may pay BNB about $ 700, especially if the discussions between Kanye and CZ Sparks are more speculative.
- The high level of Delta: Buy a volume that exceeds the pressure pressure. A significant increase in size 24.48 km on the latest green candle with an increase in the price of 5.35 %, indicating a strong participation in the market.
- The size of the balance (OBV) direction: OBV has turned positive, which confirms accumulation. Historically, such a shift precedes the ongoing marches, which probably re -testing $ 700.
Rejection at $ 689.8 can lead to a short -term withdrawal to the Middle Bolinger tape at $ 663.1, while the bottom of $ 636.5 is another defense line against a wider correction.
In order for BNB to maintain its upward direction, you must create a steady support above $ 680. Failure to retain this level can nullify the upscale expectations, which leads to increased volatility. If the feelings remain positive, the path remains to $ 700
Related questions (common questions)
BNB rose by 5 % after speculation of Kanye West chat with the Blocchain Founder Blockchain. 2. Can Kanye West launch its encryption project? Yes, Kanye alluded to the full creation of Blockchain instead of just a Mimi currency, which has caused severe speculation in the encryption community.
Yes, Kanye alluded to the full creation of Blockchain instead of just a Mimi currency, which has caused severe speculation in the encryption community. 3. Will BNB reach $ 700 soon?
BNB should break the resistance at $ 689.8 and carry support above $ 680 to keep the upscale momentum. You can pay about $ 700.
Ibrahim
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
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