BINANCE COIN (BNB) CRYPTO COIN PRICE HEADING TO $50?? Cryptocurrency Analysis 2023

Is the BNB Binance crypto coin (BNB) heading to $50? Let’s do some cryptocurrency analysis for 2023 on BNB and look at the current chart setup!!

Binance Coin (BNB) has been looking pretty solid and is still in consolidation after a great run-up after the March pullback. This crypto token is mainly used on the Binance exchange to perform tasks as well as used as a trade of value and pairing for other crypto purchases on the exchange. Overall, it’s been doing pretty well in the altcoin space and is holding high on the market cap charts.

The March dump did make BNB prices plummet pretty hard, but the cryptocurrency recovery for Binance Coin (BNB) has been doing well and did rally over 400% from the low to the trend high. Likely this price analysis for consolidation will show BNB prices heading higher. The news for BNB has been fairly light, but we know that so much trading action is helping to drive this one. Retail traders are predicted to return to this space heavily, and with that, we will see a MUCH higher price setup.

Is the breakout coming? We might see more of this consolidation for BNB Binance Coin here which is still favoring a bullish breakout. In this cryptocurrency analysis, we’ll look at BNB as we close out 2023 and head into 2023. Binance coin crypto has been a top performer, pushing it up into the crypto market cap big names.

The crypto coin price analysis that we’re performing today in this video will hopefully leave you with a clearer picture of trading and technical analysis strategies for trading this cryptocurrency. Specifically, Binance Coin (BNB) is still consolidating above a key resistance level which has since flipped into and formed as support.

Post your Binance coin BNB crypto coin price predictions below in the comments!!!!

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The content in this video is my own personal opinion which I have made from my own personal analysis. The views are my own beliefs. Always be cautious when investing in cryptocurrencies. This should not be treated as financial advice. Never invest more than you can afford to lose.

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BINANCE COIN (BNB) CRYPTO COIN PRICE HEADING TO $50?? Cryptocurrency Analysis 2023

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