{"id":650186,"date":"2024-10-28T05:08:29","date_gmt":"2024-10-28T05:08:29","guid":{"rendered":"https:\/\/wncen.com\/?p=650186"},"modified":"2024-10-28T04:03:08","modified_gmt":"2024-10-28T04:03:08","slug":"bnb-price-reclaim-600","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/bnb\/bnb-price-reclaim-600\/","title":{"rendered":"BNB Price Aims To Reclaim $600: Will The Bulls Succeed?"},"content":{"rendered":"
BNB price corrected gains below the $580 level. The price is now recovering higher and facing hurdles near the $590 resistance zone.<\/em><\/p>\n
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BNB price started a downside correction from the $600 resistance zone.<\/li>\n
The price is now trading below $590 and the 100-hourly simple moving average.<\/li>\n
There was a break above a connecting bearish trend line with resistance at $585 on the hourly chart of the BNB\/USD pair (data source from Binance).<\/li>\n
The pair must stay above the $590 level to start another increase in the near term.<\/li>\n<\/ul>\n
BNB Price Aims Fresh Increase<\/h2>\n
After struggling above $605, BNB price saw a downside correction. The price dipped below the $590 and $585 support levels like Ethereum<\/a> and Bitcoin<\/a>.<\/p>\n