NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence

BNB Price Surges Over 20% in a Week And Rally Seems Far From Over

Aayush Jindal
Aayush Jindal
2 years ago
2 mins read
BNB

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

BNB price (Binance coin) is up over 20% and trading above $320 against the US Dollar. It could continue to move up if there is a break above the $335 resistance.

  • Binance coin price is showing bullish signs above the $320 level against the US Dollar.
  • The price is now trading above $320 and the 100 simple moving average (4-hours).
  • There was a break above a major bearish trend line with resistance near $284 on the 4-hours chart of the BNB/USD pair (data source from Binance).
  • The pair could accelerate gains if there is a clear move above the $335 resistance.

Binance Coin Price Remains In Uptrend

In the past few days, BNB price saw a steady increase from the $265 support zone. The price cleared the $280 and $285 resistance levels to move into a positive zone, similar to bitcoin and ethereum.

Besides, there was a break above a major bearish trend line with resistance near $284 on the 4-hours chart of the BNB/USD pair. The pair even surged above the $320 resistance zone. It is up over 20% in a week and trading above the $315 resistance.

BNB price is now trading above $320 and the 100 simple moving average (4-hours). A high is formed near $334 and the price is consolidating gains well above the 23.6% Fib retracement level of the upward move from the $300 swing low to $334 high.

On the upside, an immediate resistance is near the $335 zone. The next major resistance is near the $342 level. The main resistance is forming near the $350 zone.

BNB Price Surges Over 20%

Source: BNBUSD on TradingView.com

A clear move above the trend line and then $350 might send the price towards the $365 resistance. Any more gains might send the price towards the $380 level.

Dips Limited in BNB?

If BNB fails to clear the $335 resistance, it could start a downside correction. An initial support on the downside is near the $325 level.

The first major support is near the $315 level or the 50% Fib retracement level of the upward move from the $300 swing low to $334 high. The next major support is near the $312 level. If there is a downside break below the $312 support, there could be an extended decline towards the $300 support.

Technical Indicators

4-Hours MACD – The MACD for BNB/USD is gaining pace in the bullish zone.

4-Hours RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level.

Major Support Levels – $325, $312 and $300.

Major Resistance Levels – $335, $345 and $350.

Tweet123Share196ShareSend
Aayush Jindal
Aayush Jindal

Aayush Jindal

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

Read more

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Proiecte Revoluționare Domină Top 3 Cele Mai Bune Altcoin-uri de Cumpărat în Mai 2025

Proiecte Revoluționare Domină Top 3 Cele Mai Bune Altcoin-uri de Cumpărat în Mai 2025

Este oare utilitatea pe cale să detroneze hype-ul în blockchain? Aceasta este întrebarea care zguduie clasamentele. În timp ce numele...

newsbtc 4 hours ago
3 Monede Altcoin Noi de Urmărit pentru Listarea pe Binance în Mai

3 Monede Altcoin Noi de Urmărit pentru Listarea pe Binance în Mai

Cu listările pe Binance adesea influențate de hype, volum și susținerea comunității, trei altcoini ies în evidență ca potențiali candidați...

newsbtc 4 hours ago
Bitcoin

Bitcoin Price Flashes Signal That Has Led To A Surge Every Time

The Bitcoin price action has once again caught the attention of the broader crypto market, as it flashes major bullish...

Scott Matherson 4 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Dogecoin price news

Dogecoin ‘Looks Incredible Here,’ Says Crypto Analyst — Here’s Why

Jake Simmons 1 hour ago

3 nowe altcoiny, które warto obserwować pod kątem listingu na Binance w maju

News BTC 3 hours ago

3 nové altcoiny, ktoré sa oplatí sledovať pre zalistovanie na Binance v máji

News BTC 3 hours ago

Premium Sponsors

Top Brands

Press Releases

  • 2025 Ripple Whales Are Quietly Betting Big on This Cloud...

    2 hours ago
  • The easiest way to start mining Bitcoin using cloud mining...

    4 hours ago
  • As BTC rises 12% — SIX MINING users earn over $300,000 in...

    8 hours ago
  • How to Make $91.3K per Day Fast with Bitcoin Fast Start...

    10 hours ago
  • MEXC Lists USD1, Accelerating Global Stablecoin Innovation...

    11 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.