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Binance Coin (BNB) Cryptocurrency Is Surging: Here’s How It Can Refuel BTC

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+0.88%

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Analysis Crypto2 mins

Binance Coin (BNB) Cryptocurrency Is Surging: Here’s How It Can Refuel BTC

Aayush Jindal6 hours ago

Binance coin price is gaining bullish momentum above the $20.50 resistance against the USDT. BNB price action suggests bitcoin could also start a decent upward move if it remains stable above $9,000.

Binance coin price is up more than 3% and it recently broke the $21.00 resistance against the USDT.
The price is likely to rise further if it clears the $21.45 and $21.50 resistance levels.
There was a break above a major bearish trend line with resistance near $19.98 on the 4-hours chart of the BNB/USDT pair (data source from Binance).
Bitcoin is trading above $9,000 and if the market sentiment improves, it could rally above $9,200.

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