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BNB price shows great Saudi power On the weekly graph, with artistic signs alignment with A possible increase to $ 1,000. Altcoin not only broke the resistance levels, but is currently maintaining a stronghold over the SIA moving average for 50 weeks (EMA).
BNB price was set to $ 1,000
with MomentumBinance Coin (BNB) can prepare a big step for the price to $ 1,000, which takes it much higher than the high levels ever. This expectation, published in Analysis report Through Tradingvief Crypto Expert Unichartz, it is noted that the BNB price procedure has been separated from a long -term period Land resistance lineReferred to by the red line in the scheme.
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The collapse of this declining direction indicates the end of the multiple unification phase and the opposite direction. More importantly, the cryptocurrency has regained a historical support area that has a mark in the shaded gray area around the range of $ 460-535 dollars, which was previously working as “”The battlefield for bulls and bears“This main level is now a possible launch platform to make more gains, which enhances the bullish structure of BNB Chart.
Go ahead, and 50 EMAIt was highlighted by the orange line in the scheme, it was working again and again as a dynamic support for the BNB price during Retreat. TradingView analyst has revealed that on multiple occasions, BNB has wore this moving average, confirming it as a reliable basis for a possible gathering.
As long as the price continues to trade above 50 EMA and inside the reclaimed area, the unichartz expectations for BNB are still optimistic. With the continuous upward momentum, the high region test is probably about 793 dollars. A successful collapse above this level can climb 45.99 % towards a sign of $ 1,000.
BNB Bulls in control and prices aim to bring out a new outbreak
Wise market Release BNB rising forecasts, expected a Huge outbreak He can see that altcoin is over $ 700 soon. According to the analyst, many technical indicators and upcoming developments are compatible in favor of this increase in expected prices.
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On the technical side, Wise Crypto pointed out indicators like EMA, DMI and Ichimoku clouds Blessing up. Basically, the analyst emphasized the growing decentralized exchange of coin (DeX).
It is worth noting that the DEX size of BNB has increased by a great increase by 85.66 % within one week. Dex trading volume witnessed an increase of about 34.85 billion dollars, which increases its highest competitors, Ethereum and Solana.
Moreover, Wise Crypto announced this BNB bulls It finally took control, while clarifying the direction of the market. With the support of positive technical indicators and the increasing Dex size, the BNB price is expected to climb about 2.21 % of its current price of $ 684.85 to reach $ 700 in the near term.
Distinctive image from Adobe Stock, Chart from TradingView.com
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