In Brief BNB trades in an ascending triangle since August 6, rebounding 16% from a $463.97 low. Break above $524 resistance could trigger a rally to $561; failure may lead to a drop toward $476. Technical indicators like Parabolic SAR and MACD confirm bullish momentum as buyers push for a breakout. Binance Coin (BNB) has…
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In Brief BNB Maintains Stability Amid Market Volatility BNB Nears $100 Billion Market Cap: What It Means for Investors Binance Smart Chain Sees Stable Rise in Daily Transactions The native cryptocurrency to Binance exchange, BNB, is exhibiting a remarkable performance in the cryptocurrency market, with its price nearing an all-time high. This comprehensive analysis delves…
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With the growing demand for Artificial Intelligence or AI, there is now more than ever a need to integrate AI with blockchain technology to reap its benefits. These benefits include but are not limited to decentralization, increased security, and privacy of users’ data. BNB Chain is making this integration a reality by providing a robust platform that…
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In Brief BNB price is struggling to breach a two-year-old resistance level, which is crucial for securing the rally. The investors’ sentiment has also turned significantly negative owing to the lack of gains. The MVRV Z-Score highlights that BNB is nearly at the cusp of being overvalued, which will likely follow corrections. The BNB price…
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Briefly after weeks of double-digit depreciation, the BNB price has managed to remain above $230. The majority of long-term holders stopped selling when the BNB price fell below $275, according to Rising Mean Coin Age data. Investors are once again investing in the BNB chain ecosystem because they believe that Blackrock’s possible approval of an…
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As the weekend approaches and investor concerns about Deutsche Bank emerge, Bitcoin and other altcoins may see profit-taking and risk-off positioning. Yet again european securities exchanges fell on Walk 24 on restored fears that the financial emergency could show up to wreak havoc. On March 23, Deutsche Bank’s credit default swaps, which provide buyer protection…
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