Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Former leader for CFTC chair role resigns to Leiden Blockchain Association

2025-05-14

Pundit reveals when everything has to sell

2025-05-14

Low Cap Nasdaq-Gentered Company reveals $ 300,000,000 fundraising plan to acquire crypto, including the Trump token of the president: report

2025-05-14
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Layer-2 Blockchain explosion ends safe integration on the risks of third parties risks

    2025-05-14

    Codexfield bundles forces with LoveBit to stimulate ESG Innovation in Web3 & Crypto

    2025-05-14

    SFT protocol joins Glacier Labs to bridge physical and data infrastructure

    2025-05-14

    Dantewada secures more than 700,000 land records on avalanche blockchain

    2025-05-14

    Brave Wallet is expanding support with Cardano -Integration

    2025-05-14
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Former leader for CFTC chair role resigns to Leiden Blockchain Association

    2025-05-14

    Dubai Government announces a partnership with Crypto.com to accept payments in digital assets

    2025-05-14

    American legislators warn Treasury about taxing the non -realized crypto wins of American companies

    2025-05-13

    Fed Council Warns Stablecoins can pose a risk for bank deposits and credit capacity

    2025-05-13

    US Banking Authority knew the path for crypto services at National Banks

    2025-05-13
  • Analysis

    Low Cap Nasdaq-Gentered Company reveals $ 300,000,000 fundraising plan to acquire crypto, including the Trump token of the president: report

    2025-05-14

    Why $ 2.69 contains the key

    2025-05-14

    According to analyst Jason Pizzino, it will be time to be careful to carefully turn to cryptomarkets

    2025-05-14

    XRP sees renewed trading activity while the market absorbs sales pressure

    2025-05-14

    21Shares says that Solana is on Tempo Linchpin of digital finances

    2025-05-14
  • Learn

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»BNB price at make-or-break moment, key levels to watch
Analysis

BNB price at make-or-break moment, key levels to watch

2023-10-27No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

BNB price struggled to rise above $240 and corrected gains against the US dollar. It is now approaching a key support zone at USD 220 and USD 215.

  • The BNB price is slowly falling towards the $220 support against the US dollar.
  • The price is now trading above $215 and the 100 simple moving average (4 hours).
  • A major bullish flag pattern is forming with resistance around $225 on the 4-hour chart of the BNB/USD pair (Binance data source).
  • The pair could gain bullish momentum if there is a clear move above $228.

BNB price looks fresh

In recent days, BNB price saw a decent recovery wave above the key resistance zone at USD 220. Bitcoin rose more than 20% to $35,000, helping BNB avoid a major downside break.

The price climbed above the USD 225 and USD 230 resistance levels. However, it struggled near the $238-$240 zone. A high was formed near $237.6 and the price recently started a downward correction. There was a move below the USD 235 level.

BNB fell below the 50% Fib retracement level of the upward move from the $208.3 swing low to the $237.6 high. It is now trading above $215 and the 100 simple moving average (4 hours). There is also a major bullish flag pattern forming with resistance around $225 on the 4-hour chart of the BNB/USD pair.

BNB price

If a new increase occurs, the price may encounter resistance near the $225 level. The next resistance is near the $228 level. A clear move above the $228 zone could see the price rise further. In the said case, BNB price could test $238. A close above the USD 238 resistance could set the pace for a bigger rise towards the USD 250 resistance.

See also  XRP Price New Rise: Bulls Get Ready for Action

Lose more?

If BNB fails to clear the USD 228 resistance, it could trigger another decline. Initial downside support is near the $220 level and the 61.8% Fib retracement level of the upward move from the $208.3 swing low to the $237.6 high.

The next major support is near the $215 level or the 100 simple moving average (4 hours). If there is a downside break below the USD 215 support, the price could fall towards the USD 207 support. Any further losses could trigger a bigger decline towards the $202 level.

Technical indicators

4-hour MACD – The MACD for BNB/USD is losing pace in the bullish zone.

4-hour RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level.

Major support levels – USD 220, USD 215 and USD 207.

Major resistance levels – $225, $228 and $238.

Source link

BNB Key Levels makeorbreak moment Price Watch
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Low Cap Nasdaq-Gentered Company reveals $ 300,000,000 fundraising plan to acquire crypto, including the Trump token of the president: report

2025-05-14

Why $ 2.69 contains the key

2025-05-14

According to analyst Jason Pizzino, it will be time to be careful to carefully turn to cryptomarkets

2025-05-14

XRP sees renewed trading activity while the market absorbs sales pressure

2025-05-14
Add A Comment

Comments are closed.

Top Posts

Google introduces watermarks to identify AI-generated images

2023-08-31

Trump Media Partners with Charles Schwab in New Crypto Venture Truth.fi

2025-01-30

Bitcoin Whales ‘Buy the Dip’, but Should You Follow?

2024-03-08
Editors Picks

What Is DeFi and How Does It Work?

2023-09-06

Bitcoin Ordinals wallets will soon be flooded with runestones: here’s what you need to know

2024-02-26

Polygon and PYSE bring tokenized EV -Fleins to Dubai, Eye India Expansion

2025-04-24

Chainlink: Why THIS support could determine LINK’s next move

2025-01-03

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Former leader for CFTC chair role resigns to Leiden Blockchain Association

Pundit reveals when everything has to sell

Low Cap Nasdaq-Gentered Company reveals $ 300,000,000 fundraising plan to acquire crypto, including the Trump token of the president: report

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,508.60-0.64%
  • ethereumEthereum(ETH)$2,604.17-3.44%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.56-0.30%
  • binancecoinBNB(BNB)$651.74-1.97%
  • solanaSolana(SOL)$176.66-3.30%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.233018-2.31%
  • cardanoCardano(ADA)$0.80-3.71%
  • tronTRON(TRX)$0.2773882.44%
  • suiSui(SUI)$3.93-3.34%
  • chainlinkChainlink(LINK)$16.98-3.46%
  • avalanche-2Avalanche(AVAX)$25.02-3.14%
  • stellarStellar(XLM)$0.304678-3.27%
  • shiba-inuShiba Inu(SHIB)$0.000016-3.44%
  • hedera-hashgraphHedera(HBAR)$0.206628-4.83%
  • hyperliquidHyperliquid(HYPE)$25.05-3.16%
  • unus-sed-leoUNUS SED LEO(LEO)$8.892.11%
  • the-open-networkToncoin(TON)$3.24-4.91%
  • bitcoin-cashBitcoin Cash(BCH)$402.97-2.34%
  • polkadotPolkadot(DOT)$4.99-3.77%
  • litecoinLitecoin(LTC)$100.91-2.90%
  • piPi(PI)$0.94-24.97%
  • moneroMonero(XMR)$338.62-0.79%
  • pepePepe(PEPE)$0.000014-5.00%
  • bitget-tokenBitget Token(BGB)$4.75-1.81%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • uniswapUniswap(UNI)$6.60-7.38%
  • bittensorBittensor(TAO)$454.40-2.33%
  • nearNEAR Protocol(NEAR)$3.06-5.96%
  • aptosAptos(APT)$5.76-6.94%
  • aaveAave(AAVE)$229.88-2.94%
  • okbOKB(OKB)$54.09-0.42%
  • ondo-financeOndo(ONDO)$1.01-3.79%
  • kaspaKaspa(KAS)$0.119626-3.85%
  • ethereum-classicEthereum Classic(ETC)$19.87-5.08%
  • internet-computerInternet Computer(ICP)$5.65-4.82%
  • crypto-com-chainCronos(CRO)$0.101706-1.76%
  • gatechain-tokenGateToken(GT)$21.70-1.01%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.32-2.54%
  • render-tokenRender(RENDER)$5.13-4.01%
  • mantleMantle(MNT)$0.78-4.13%
  • vechainVeChain(VET)$0.030412-4.90%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.250281-3.35%
  • ethenaEthena(ENA)$0.408704-9.79%
  • usd1World Liberty Financial USD(USD1)$1.00-0.11%
  • algorandAlgorand(ALGO)$0.238190-3.81%
  • filecoinFilecoin(FIL)$3.06-5.62%
  • arbitrumArbitrum(ARB)$0.427456-6.54%
  • bitcoinBitcoin(BTC)$103,508.60-0.64%
  • ethereumEthereum(ETH)$2,604.17-3.44%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.56-0.30%
  • binancecoinBNB(BNB)$651.74-1.97%
  • solanaSolana(SOL)$176.66-3.30%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.233018-2.31%
  • cardanoCardano(ADA)$0.80-3.71%
  • tronTRON(TRX)$0.2773882.44%
  • suiSui(SUI)$3.93-3.34%
  • chainlinkChainlink(LINK)$16.98-3.46%
  • avalanche-2Avalanche(AVAX)$25.02-3.14%
  • stellarStellar(XLM)$0.304678-3.27%
  • shiba-inuShiba Inu(SHIB)$0.000016-3.44%
  • hedera-hashgraphHedera(HBAR)$0.206628-4.83%
  • hyperliquidHyperliquid(HYPE)$25.05-3.16%
  • unus-sed-leoUNUS SED LEO(LEO)$8.892.11%
  • the-open-networkToncoin(TON)$3.24-4.91%
  • bitcoin-cashBitcoin Cash(BCH)$402.97-2.34%
  • polkadotPolkadot(DOT)$4.99-3.77%
  • litecoinLitecoin(LTC)$100.91-2.90%
  • piPi(PI)$0.94-24.97%
  • moneroMonero(XMR)$338.62-0.79%
  • pepePepe(PEPE)$0.000014-5.00%
  • bitget-tokenBitget Token(BGB)$4.75-1.81%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • uniswapUniswap(UNI)$6.60-7.38%
  • bittensorBittensor(TAO)$454.40-2.33%
  • nearNEAR Protocol(NEAR)$3.06-5.96%
  • aptosAptos(APT)$5.76-6.94%
  • aaveAave(AAVE)$229.88-2.94%
  • okbOKB(OKB)$54.09-0.42%
  • ondo-financeOndo(ONDO)$1.01-3.79%
  • kaspaKaspa(KAS)$0.119626-3.85%
  • ethereum-classicEthereum Classic(ETC)$19.87-5.08%
  • internet-computerInternet Computer(ICP)$5.65-4.82%
  • crypto-com-chainCronos(CRO)$0.101706-1.76%
  • gatechain-tokenGateToken(GT)$21.70-1.01%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.32-2.54%
  • render-tokenRender(RENDER)$5.13-4.01%
  • mantleMantle(MNT)$0.78-4.13%
  • vechainVeChain(VET)$0.030412-4.90%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.250281-3.35%
  • ethenaEthena(ENA)$0.408704-9.79%
  • usd1World Liberty Financial USD(USD1)$1.00-0.11%
  • algorandAlgorand(ALGO)$0.238190-3.81%
  • filecoinFilecoin(FIL)$3.06-5.62%
  • arbitrumArbitrum(ARB)$0.427456-6.54%