{"id":523463,"date":"2023-03-17T05:30:09","date_gmt":"2023-03-17T05:30:09","guid":{"rendered":"https:\/\/wncen.com\/?p=523463"},"modified":"2024-06-11T14:34:23","modified_gmt":"2024-06-11T14:34:23","slug":"bnb-price-surges-over-320","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bnb-price-surges-over-320\/","title":{"rendered":"BNB Price Surges Over 20% in a Week And Rally Seems Far From Over"},"content":{"rendered":"<p><em>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.<\/em><\/p>\n<ul>\n<li>Binance coin price is showing bullish signs above the $320 level against the US Dollar.<\/li>\n<li>The price is now trading above $320 and the 100 simple moving average (4-hours).<\/li>\n<li>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).<\/li>\n<li>The pair could accelerate gains if there is a clear move above the $335 resistance.<\/li>\n<\/ul>\n<h2>Binance Coin Price Remains In Uptrend<\/h2>\n<p>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 <a href=\"https:\/\/wncen.com\/analysis\/btc\/bitcoin-price-restarts-rally-26k\/?swcfpc=1\" target=\"_blank\" rel=\"noopener \">bitcoin<\/a> and <a href=\"https:\/\/wncen.com\/analysis\/eth\/ethereum-price-leg-higher-1750\/?swcfpc=1\" target=\"_blank\" rel=\"noopener \">ethereum<\/a>.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<p><a href=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/Binance-Coin-BNB-1.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-523464\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/Binance-Coin-BNB-1.png?resize=1834%2C845\" alt=\"BNB Price Surges Over 20%\" width=\"1834\" height=\"845\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/Binance-Coin-BNB-1.png?w=1834 1834w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/Binance-Coin-BNB-1.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/Binance-Coin-BNB-1.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/Binance-Coin-BNB-1.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/Binance-Coin-BNB-1.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/Binance-Coin-BNB-1.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/Binance-Coin-BNB-1.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><\/p>\n<p>Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BNBUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">BNBUSD on TradingView.com<\/a><\/p>\n<p>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.<\/p>\n<h2>Dips Limited in BNB?<\/h2>\n<p>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.<\/p>\n<p>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.<\/p>\n<p>Technical Indicators<\/p>\n<p>4-Hours MACD \u2013 The MACD for BNB\/USD is gaining pace in the bullish zone.<\/p>\n<p>4-Hours RSI (Relative Strength Index) \u2013 The RSI for BNB\/USD is currently above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $325, $312 and $300.<\/p>\n<p>Major Resistance Levels \u2013 $335, $345 and $350.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. 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 \u2013 The MACD for BNB\/USD is gaining pace in the bullish zone. 4-Hours RSI (Relative Strength Index) \u2013 The RSI for BNB\/USD is currently above the 50 level. Major Support Levels \u2013 $325, $312 and $300. Major Resistance Levels \u2013 $335, $345 and $350.<\/p>\n","protected":false},"author":67,"featured_media":431470,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[13291,11427,86483,79524,79611],"class_list":["post-523463","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-binance-coin","tag-bnb","tag-bnb-price","tag-bnbusd","tag-bnbusdt"],"acf":[],"yoast_head":"\n<title>BNB Price Surges Over 20% in a Week And Rally Seems Far From Over<\/title>\n<meta name=\"description\" content=\"BNB price (Binance coin) is up over 20% and trading above $320 against the US Dollar. 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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. 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.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/wncen.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"BNB Price Surges Over 20% in a Week And Rally Seems Far From Over","url":"http:\/\/wncen.com\/news\/bnb-price-surges-over-320\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bnb-price-surges-over-320\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/07\/Depositphotos_122007240_s-2019.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/07\/Depositphotos_122007240_s-2019.jpg?fit=1000%2C537"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["binance coin","bnb","bnb price","bnbusd","bnbusdt"],"dateCreated":"2023-03-17T05:30:09Z","datePublished":"2023-03-17T05:30:09Z","dateModified":"2024-06-11T14:34:23Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"BNB Price Surges Over 20% in a Week And Rally Seems Far From Over\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bnb-price-surges-over-320\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bnb-price-surges-over-320\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/Depositphotos_122007240_s-2019.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/Depositphotos_122007240_s-2019.jpg?fit=1000%2C537\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"binance coin\",\"bnb\",\"bnb price\",\"bnbusd\",\"bnbusdt\"],\"dateCreated\":\"2023-03-17T05:30:09Z\",\"datePublished\":\"2023-03-17T05:30:09Z\",\"dateModified\":\"2024-06-11T14:34:23Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/07\/Depositphotos_122007240_s-2019.jpg?fit=1000%2C537","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/523463"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=523463"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/523463\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/431470"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=523463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=523463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=523463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}