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BNB Price Is Surging As the Gates to $400 Are Now Open

This past week, BNB price formed a support base above the $300 level. The bulls were active and they were able to pump the price above the $310 and $312 resistance levels.

The price is up over 5% in a day and there was a move above the $320 resistance. Besides, there was a break above a major contracting triangle with resistance near $320 on the 4-hours chart of the BNB/USD pair.

The next major resistance is near the $350 level, above which the price is likely to aim a test of the $400 level in the near term. Any more gains might send the price towards the $420 level.

(By Aayush Jindal)

BNB BNB $659.13
+1.76%
Crypto Binance
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