Author: Vignesh k
United Arab Emirates Source: TheNewsCrypto – Blockchain & Cryptocurrency News M
Sep 10, 2024 04:10
Binance Coin (BNB) Breaks Above Descending Trend Line but Faces Potential Short-Lived Rally
Binance Coin (BNB) finds itself at a critical juncture following its recent breakout above a descending trend line that had constrained its price action since August 23. While this development initially sparked optimism among investors, mounting evidence suggests that the current rally may be short-lived, as buying momentum appears insufficient View Details
Author: Cointelegraph by Rakesh Upadhyay
United States Source: Cointelegraph.com News
Sep 10, 2024 12:00
Price analysis 9/9: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
Bitcoin bulls are trying to push the price back inside the range, indicating that the markets have rejected the breakdown.
View DetailsHong Kong Source: Blockchain News
Sep 10, 2024 02:15
Binance Launches 'Word of the Day' Game with 500,000 Points Pool
Binance introduces the 'Word of the Day' game, offering users a chance to share 500,000 Binance Points. Learn more about the game mechanics and rewards. (Read More)
Author: Cointelegraph by Rakesh Upadhyay
United States Source: Cointelegraph.com News
Sep 07, 2024 12:00
Price analysis 9/6: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin bears have pulled the price below the support of the range, starting a potential downtrend toward $49,000.
View DetailsAuthor: Michael Fasogbon
United States Source: NullTX
Sep 07, 2024 03:05
BINANCE COIN PRICE ANALYSIS & PREDICTION (September 6) BNB Sits Above $500 After Two-Week Drops, Will It
The recent bearish action has seen BNB through a notable reduction as it cut $100 from its price in two weeks. It sits calmly above March’s low while gathering liquidity for the next major movement. Two weeks back, BNB lost grip above the $600 level after recovering strongly from a […]
View DetailsHong Kong Source: Blockchain News
Sep 07, 2024 02:15
BNB Incubation Alliance (BIA) to Host Third Edition at Token 2049 Singapore
BNB Incubation Alliance's third edition will take place at Token 2049 Singapore, aiming to foster early-stage blockchain projects within the BNB Chain network. (Read More)
Hong Kong Source: Blockchain News
Sep 06, 2024 02:15
BNB Chain Launches $300,000 TVL#4 Incentive Program to Boost DeFi Ecosystem
BNB Chain has unveiled a $300,000 TVL#4 Incentive Program to foster DeFi growth. Projects can compete in staking and TVL challenges. (Read More)
Hong Kong Source: Blockchain News
Sep 05, 2024 02:15
BNB Chain Celebrates 4 Years, Aiming to Onboard the Next Billion Web3 Users
BNB Chain marks its fourth anniversary with a focus on expanding its ecosystem and onboarding the next billion Web3 users through innovative strategies and continuous support for developers. (Read More)
Author: Cointelegraph by Rakesh Upadhyay
United States Source: Cointelegraph.com News
Sep 05, 2024 12:00
Price analysis 9/4: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin bulls are attempting to keep the price inside the current range, but BTC's growing weakness could eventually lead to new lows under $49,000.
View DetailsAuthor: Dimitar Dzhondzhorov
Bulgaria Source: CryptoPotato
Sep 05, 2024 01:00
Binance to Temporarily Suspend Deposits and Withdrawals on BNB Smart Chain Soon: Heres Why
Binance has scheduled a wallet maintenance for BNB Smart Chain on September 5.
View DetailsHong Kong Source: Blockchain News
Sep 05, 2024 02:15
BNB Chain Celebrates 4 Years with New Innovations and Ecosystem Growth
BNB Chain marks its 4th anniversary with the launch of the One BNB strategy, expanded developer support, and significant ecosystem growth. (Read More)
Author: Cointelegraph by Rakesh Upadhyay
United States Source: Cointelegraph.com News
Oct 01, 2024 12:00
Price analysis 9/30: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
Bitcoin and altcoins are witnessing end-of-month volatility, but traders remain upbeat about October due to the crypto market's history of strong performance in Q4.
View DetailsAuthor: Godspower Owie
United Kingdom Source: NewsBTC
Oct 01, 2024 12:05
BNB Rally Fades As Price Dips Under $600: Is A Correction Looming?
BNB‘s recent rally appears to be losing steam, as the price has dipped below the crucial $600 mark. After a strong upward surge that reignited bullish sentiment, the momentum is now showing signs of cooling off. This dip raises concerns about whether the rally can sustain itself or if a broader correction is on the horizon. As selling pressure increases and the market cools, this article seeks to explore whether BNB’s rally is losing steam after dipping below the key $600 level. By analyzing technical indicators, market sentiment, and price action, we aim to evaluate the potential for a deeper correction or a renewed bullish push. Current Market Conditions: Analyzing The Position Of BNB Recently, BNB has taken a bearish turn on the 4-hour chart after struggling to break above the significant resistance level of $605. This failure to maintain upward movement has led to a decline, bringing the asset down to the 100-day Simple Moving Average (SMA). Furthermore, a breach below this moving average could intensify selling pressure, while a bounce back might indicate a possible reversal. An analysis of the 4-hour Relative Strength Index (RSI) suggests bullish momentum may wane. Currently, the RSI has fallen to around 36%, indicating that the buying pressure is diminishing. An RSI below 40 can signal that an asset is entering oversold territory, which often precedes further declines or the possibility of a price correction. Related Reading: BNB Price Surge Eyes $550 Breakout: Can It Push Higher? Also, on the daily chart, BNB is exhibiting significant negative movement, as reflected by a series of bearish candlesticks. This ongoing downward trend highlights a prevailing selling pressure within the market. Although BNB is currently trading above the 100-day SMA, which is typically seen as a bullish indicator, the strength of the bearish candlesticks suggests that upward momentum may be limited. Finally, on the 1-day chart, a closer examination of the RSI formation reveals that the RSI signal line has dipped to 53%, approaching the crucial 50% threshold. As the RSI approaches this level, it may heighten the risk of additional declines if it falls below 50, reinforcing the bearish sentiment in the market. Will The 100-Day SMA Hold? Currently, BNB is trading just above the 100-day SMA, which has historically served as a strong indicator of market sentiment. If the price breaks below the 100-day SMA, it could trigger increased selling pressure, leading to an extended drop toward the $531 support level. Related Reading: BNB Price Struggles to Hold $500: Is a Breakout Coming? In the event that BNB maintains its position above the 100-day SMA, it may indicate a potential rebound and restore bullish sentiment, allowing the price to begin climbing back toward the $605 resistance level. A successful breakout above this mark could pave the way for more price growth toward other resistance levels, increasing optimism among traders and signaling a more sustained upward trend. Featured image from Shutterstock, chart from Tradingview.com
View DetailsHong Kong Source: Blockchain News
Sep 04, 2024 02:15
Binance to Conduct Wallet Maintenance for BNB Smart Chain (BEP20) on September 5, 2024
Binance will perform wallet maintenance for BNB Smart Chain (BEP20) on September 5, 2024, affecting deposits and withdrawals for two hours. (Read More)
Author: Cointelegraph by Rakesh Upadhyay
United States Source: Cointelegraph.com News
Sep 30, 2024 12:00
Bullish trading pattern on BNB/USD looks ready to explode, but what about the BNB/BTC pair?
BNB is way below its all-time high when charted against Bitcoin, but that could soon change.
View DetailsAuthor: Arslan Tabish
Estonia Source: TronWeekly
Sep 29, 2024 02:30
Binance Coin Under Pressure: $300 Target Looms If Key Resistance Holds
Binance Coin (BNB) has found itself under significant selling pressure, and the technical outlook suggests that the price may slide to the $300 level. In a recent X post, Alan Santana defines crucial levels of resistance and notes that if they are not broken, the coin may experience more decline. In the first half of […]
View DetailsAuthor: Jordan Lyanchev
Bulgaria Source: CryptoPotato
Sep 29, 2024 01:00
4 Months Later: Changpeng Zhao Released From Custody, BNB Climbs Above $600
BNB has been steadily climbing in the past few days and sit above $600 now.
View DetailsAuthor: Cointelegraph by Marcel Pechman
United States Source: Cointelegraph.com News
Sep 28, 2024 12:00
BNB rallies to $600 and traders call for higher Does data support this view?
Many traders believe Changpeng Zhaos release will send BNB price into the $700 to $1,000 range, but does BNB Chain activity support this view?
View DetailsAuthor: Cointelegraph by Rakesh Upadhyay
United States Source: Cointelegraph.com News
Sep 28, 2024 12:00
Price analysis 9/27: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoins break above $65,000 and solid buying in-the-spot BTC ETFs have traders convinced that the bull market is back in full swing.
View DetailsHong Kong Source: Blockchain News
Sep 28, 2024 02:15
BNB Chain Enhances Stablecoin Use with New Incentive Programs
BNB Chain introduces innovative programs to boost stablecoin integration and adoption, aiming to onboard the next billion Web3 users. (Read More)