Portal

Strong

Launchpool

Coin

<ul>
 <li>Last month, <a href="https://www.coingabbar.com/en/crypto-currency/binancecoin-bnb-prices-usd" title="BNB" class="f-link" rel="noopener noreferrer nofollow">BNB </a>found support above $290 and surged through a resistance line this month.</li>
 <li>Strong buying ensued post breaking the neckline of an Inverted Head and Shoulder pattern on the daily chart.</li>
 <li>#Binance surged to a new one-year peak at $366.8, surpassing a high sustained over multiple months.</li>
 <li>It pulled back slightly following rejection after reaching the fresh high.</li>
 <li>A consolidation period resulted in the formation of a bullish pennant pattern.</li>
 <li>#Binance launches 47th project, Portal (PORTAL), to expand Launchpool offerings, per Binance news.</li>
 <li>Today, $BNB Coin broke out of the pennant pattern, suggesting a possible continuation towards a new high.</li>
 <li>Breaking $366.8 resistance could push $BNB Price to $376, then $380, with further progress potentially targeting $400.</li>
 <li>As per <a href="https://www.coingabbar.com/en/price-analysis" title="CoinGabbar Prediction" class="f-link" rel="noopener noreferrer nofollow">CoinGabbar Prediction</a>, Failure to surpass last week's high may lead BNB to $350 support; lower levels to monitor include around $330.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $372-$380
SUPPORT LEVEL : $356-$348
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Binance Price Prediction: Is $400 the Next Stop for BNB

Coingabbar

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