BNB Price Steadies Above Support: Is a Bullish Comeback on the Horizon?

BNB Price Steadies Above Support: Is a Bullish Comeback on the Horizon?


BNB price started a recovery wave above the $500 resistance. The price is now consolidating and might aim for more gains above $530.

BNB price started a decent upward move from the $472 support zone. The price is now trading above $500 and the 100-hourly simple moving average. There is a key rising channel forming with support at $518 on the hourly chart of the BNB/USD pair (data source from Binance). The pair could extend its recovery wave if it clears the $530 resistance in the near term. BNB Price Starts Recovery

In the past few days, BNB price saw a decent recovery wave from the $472 support zone, like Ethereum and Bitcoin. The price was able to climb above the $495 and

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