After a week-long decline, BNB finally came back on track as the coin’s daily chart turned green, and things might get better soon
A bullish pattern emerged on BNB’s daily chart, and a successful breakout could allow it to touch March highs.finally came back on track as the coin’s daily chart turned green. Notably, while that happened, the coin’s price was consolidating inside a bull pattern, which might allow the coin to reach new highs in the coming days.However, bulls stepped up in the last 24 hours and pushed the coin’s price up by over 1.4%. At the time of writing, the coin was trading at $613.
At press time, it was close to testing the upper limit of the pattern. A successful breakout could allow BNB to go above its March high over the coming weeks.AMBCrypto then analyzed the coin’s on-chain metrics to check the odds of BNB successfully breaking above the bullish pennant pattern.
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