BNB is displaying impressive bullish momentum, breaking through multiple resistance levels and reaching new highs.
Rising social dominance, bullish indicators, and derivatives data signaled continued upward momentum for BNB.is displaying impressive bullish momentum, breaking through multiple resistance levels and reaching new highs.
Social dominance often correlates with increased trading volume and more market participation, which can further drive the price upward. As a result, the boost in social chatter surrounding Binance Coin is likely to contribute positively to its ongoing upward movement. Furthermore, the Moving Averages at 9 and 21 periods have recently crossed, signaling continued upward momentum. The 9-day MA stands at $623.1, while the 21-day MA is at $641.3.
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