BNB (BNBUSD) Price Is Trading Towards $662.0 Zone

Buyers’ momentum increase in BNBUSD market

BNBUSD Price Analysis: 27 June

If buyers can hold onto the $642.3 support position and break above the $662.0 resistance position, they might be able to push the price to test the $685.6 and $729.9 resistance levels. BNBUSD should aim for the previous lows of $606.1 and $585.5 if it can break below the crucial $642.3 hedge.

Key levels:

Supply levels: $662.0, $685.6, $729.9

Demand levels: $642.3, $606.1, $585.5

BNBUSD Long-term Trend: Bullish

Bulls broke through some resistance and entered the forenamed hedge as their strength increased; the price’s most recent flip at $606.1, which is consistent with the adding pattern, indicates that buyers might not accept a lower offer; and BNB’s most recent increase above $642.3 indicates that dealing is in control. The price of the cryptocurrency rose from $585.5 to $685.6 on May 27. The BNBUSD map shows a bullish trend each day.

The Hull Suite FX data indicates that the price of the BNBUSD is presently rising above the cryptocurrency’s indicators. If buyers can hold onto the $642.3 support position and break above the $662.0 resistance position, they might be able to push the price to test the $685.6 and $729.9 resistance levels. BNB should aim for the previous lows of $606.1 and $585.5 if it can break below the crucial $642.3 hedge.

BNBUSD medium-term Trend: Bullish

The currency’s advantages may cause the price of BNBUSD to rise over the next four hours. After testing at $606.1, the BNB started to incline. We found out on June 25 that $606.1 had been paid in total. The price flipped above the target level as a result of the bulls’ fury. The price broke $642.3 and is currently trading towards $662.0.

Compared to what the Hull Suite indicates, the BNB trading is higher. Significant buying is indicated by a signal line on the QQE MOD index that is above zero.

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