BNB bullish reversal
Today let's focus on BNB. As you might now Yesterday it completed the 22nd Token Burn, vanishing with it 575M worth of BNB coins, which as usual, had an impact on the price, but most importantly, these burns are long term bet for price sustainability.
It remains also as the main active chain, with 6,5M active addresses just during the last week.
From the Technical Analysis point of view, it managed to breach on of the main horizontal resistances on the $300 level. Range that now is trying to consolidate. Success to consolidate this range would enable the bull reversal.
It remains also as the main active chain, with 6,5M active addresses just during the last week.
From the Technical Analysis point of view, it managed to breach on of the main horizontal resistances on the $300 level. Range that now is trying to consolidate. Success to consolidate this range would enable the bull reversal.
Crypto Rand
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