BINANCE COIN PRICE ANALYSIS & PREDICTION (March 3) – Will BNB Repeat History Following This Bullish Formation?
Following the latest recovery, BNB saw a notable gain and traded back above $600. While slowing down buying today due to a rejection, we can expect a bigger bullish rally if it follows last August's recovery pattern. Binance's native coin has been showing signs of bullish movement since last month, but the signal is not clear yet as it continues to face rejections on the short-term trend. While prices may change anytime soon, it remains within the bearish territory on the daily outlook. However, the market landscape may take a new shape soon following the sudden bounce from a low of $500 in early February. That bounce led to a major recovery, and the price increased to above $700. Sadly, the momentum was short-lived and the asset lost grip. Creating a new support above that low in the late month, […]