Binance coin continues to add to its daily
gains over the past week, as it looks set to claim a 5th consecutive day of gains. These moves come as the exchange continues
to attract attention by listing new products, running new promotions, and conducting campaigns
to increase its reach in non-regulated markets. The Binance Coin price prediction provided
on Wednesday is playing out as predicted.
The close of the daily candle above the neckline
by more than 3% penetration confirmed the double bottom, setting the stage for an advance
of the BNB pair above 400.00. The price is now testing the resistance at
427.63, formed by the previous low of 18 April. A break above this level opens the door towards
450.91, with an additional upside target at 481.15. On the flip side, rejection at 427.63 could
allow for a pullback to retest the 388.35 price level, now acting as role-reversed support. Below this level, additional targets to the
south are found at 350.00 and 279.23 Don't forget to subscribe to Coin News Buzz
channel for daily cryptocurrency price predictions.