Binance Coin Price Chart Analysis
The price of BNB has traded relatively sideways since the summer and like other big alts has not rallied the same as bitcoin.
Looking at the chart in the video we see a key level that BNB needs to break to open things for a clear run at the all time highs.
In the near-term price action is putting in some bullish action and building the base for a potential move higher. There are also price points that need to be held to remain bullish as well.
BNB Price Action...
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BNB is like one of those things that's almost there but isn't. I think the centralised validation is what keeps people away but it's probably also part of Binance's success with cheap and fast transactions.
It's definitely an interesting block chain one that has well and truly performed well.
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Agreed, its especially funny because BSC is not run by binance itself. It's a chain that would keep running even if binance exchange got shutdown.
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Hi @scaredycatguide
Nice video, especially since I am accumulating BNB😀
I understand it’s not ready to blast off yet, which is cool. I hope it rides the wave with Bitcoin and Ether though… fingers crossed 🤞
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