Cryptocurrency exchange Binance this week showed growth of 7%. Its price on Monday pushed back against the 20-day SMA and then went up
On Tuesday, the BNB exceeded the resistance level of $600. According to CoinMarketCap, the new ATH was $610. Then there was a small rollback. At the time of writing, the BNB cryptocurrency is trading at $580.
That's a great indicator. After all, last week the bulls, despite the efforts made, failed to achieve such a result. And the pullback after the green candle was much more to $477.
At present, the BNB/USD daily chart is drawing up an upward triangle. It is possible to increase the cost to 700 dollars.
Resistance to further growth is at 600, 638 (probable new ATH), 680 and 700 dollars. Above, you should expect strong resistance at 755 and 780 dollars.
Support in the event of a drop in value is expected at $560. Then on the lower boundary of the triangle, and then at 520, 500, 477 and 430 dollars. RSI is currently located above the middle line. So the signal is bullish.