BNB (BNBUSD) Upward Trend Still Dominate

BNB (BNBUSD) Price Forecast: March 28

Today, the upward trend still dominates the BNBUSD market as the crypto market sparked renewed optimism among investors, with the pair showing an upward momentum. The coin has seen a significant bullish trend in the past few days. If the coin closes above a $793.99 high mark, the accelerated buying pressure may increase the coin price to the $800.00 upper resistance level as the coin price continues to grow in the evolving crypto market.

Key Levels:
Resistance Levels: $635.00 $636.00 $637.00.0
Support Levels: $503.00, $502.00, $501.00

BNB (USD) Long-term Trend: Bullish (Daily Chart)

The upward trend still dominates the BNB long-term chart despite the inflows from the sell traders. The upward trend will likely continue as the coin prices remain above the moving average, indicating a bullish trend.
However, the previous action at the $637.07 high level in the last few days has sustained the crypto price to remain above the trend line in its recent high.

After updating yesterday’s lows of $627.20, the BNBUSD price rebounded to a $634.16 resistance level above the EMA-50 as the daily chart resumes, indicating a more bullish impact on the coin as new entries are trading in the crypto market.

Therefore, a bullish breakout from the current resistance at $634.16 point could trigger the recovery pattern and drive the prices of BNB higher to hit the $793.99 prior peak supply value, reflecting growing confidence among investors in an upward trend market.

Additionally, under the influence of this market level, the BNBUSD price could rise steadily and break up the previous high at $793.99 level to reach the $800.00 upper resistance level soon as the crypto price remains in an upward trend in the long-term perspective.

BNB (USD) Medium-term Trend: Bullish (4H Chart)

On the medium chart, BNBUSD prices remain in an upward trend, resulting in a 3.46% increase in market value. The prices are above the moving averages and have confirmed bullish momentum, breaking the previous high of $628.22.
The previous action’s sustained bullish pressure to a $632.11 high level led to the crypto’s recent high.

Today, upward pressure still dominates the BNB market, as the bulls swing the token price to a $634.16 high mark above the EMA-50 as the 4-hourly chart commences, suggesting an upward trend.

Therefore, if the crypto makes an intense rally from its present price at the $634.16 supply value above the $643.65 high level, the potential may propel the coin price toward the upper channel, for more gains.

Additionally, the price signal is pointing upward, suggesting a positive move. In this scenario, the BNBUSD pair implies that the price may rise and remain in an upward trend to hit the $800.00 supply mark in the days ahead in its medium-term forecast.

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