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Cryptocurrency News Articles
BNB Breaks $600 – Can the Altcoin Reach $620 Next?
Oct 05, 2024 at 07:00 am
Binance Coin [BNB] has surged past the crucial $600 level, drawing attention from traders eyeing its next potential target at $620.
Binance Coin (BNB) price has been consolidating within a narrow range for the past few weeks, following a strong rally that saw the altcoin reach a record high of $720. To sustain this momentum amidst market turmoil, BNB began accumulating in June. This phase saw the price moving back and forth within a confined area.
If this ascending triangle holds, BNB’s next target could be a return to the resistance line. At this juncture, two scenarios are possible: if bullish momentum is strong, BNB could potentially rise to $720 or higher, surpassing its all-time high.
On the other hand, if the support levels of the currently developing ascending channel fail, the token could fall to $495.8, where the consolidation’s support line lies.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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- Ethereum Faces Mounting Selling Pressure as ETH Dips Below 50-Day SMA, Signaling Caution for Investors
- Oct 11, 2026 at 08:05 am
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- Thailand Unlocks Crypto ETF Access: Bitcoin and Ether ETFs Set to Debut on Stock Market
- Oct 11, 2026 at 04:05 am
- Thailand is paving the way for regulated crypto investments with the upcoming launch of Bitcoin and Ether ETFs on its stock exchange, signaling a new era for crypto ETF access in the region.
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- Evernorth CEO Ignites XRP Army with Nasdaq Listing and Vision for Future Finance
- Oct 11, 2026 at 04:05 am
- Evernorth's Nasdaq debut as XRPN and CEO Asheesh Birla's bold vision signal a new era for blockchain in mainstream finance, promising institutional access and active participation in the XRP Ledger ecosystem.
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- Ledger Hardware Wallet Faces Supply-Chain Attack Scare: A Deep Dive into Hardware Implants and What Users Need to Know
- Oct 11, 2026 at 03:55 am
- Ledger, a leading hardware wallet manufacturer, has confirmed a supply-chain attack involving an unauthorized hardware implant in at least one device, raising serious questions about device integrity and user security.
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