{"id":3316,"date":"2025-03-06T06:00:23","date_gmt":"2025-03-06T06:00:23","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bnb-price-starts-fresh-increase-can-bulls-sustain-the-momentum\/"},"modified":"2025-03-06T06:00:23","modified_gmt":"2025-03-06T06:00:23","slug":"bnb-price-starts-fresh-increase-can-bulls-sustain-the-momentum","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bnb-price-starts-fresh-increase-can-bulls-sustain-the-momentum\/","title":{"rendered":"BNB Price Starts Fresh Increase\u2014Can Bulls Sustain the Momentum?"},"content":{"rendered":"<p><em>BNB price is recovering from the $550 support zone. The price is rising and might aim for a fresh move toward the $635 resistance.<\/em><\/p>\n<ul>\n<li>BNB price is moving higher above the $585 resistance zone.<\/li>\n<li>The price is now trading below $595 and the 100-hourly simple moving average.<\/li>\n<li>There is a connecting bullish trend line forming with support at $600 on the hourly chart of the BNB\/USD pair (data source from Binance).<\/li>\n<li>The pair must stay above the $588 level to start another increase in the near term.<\/li>\n<\/ul>\n<h2>BNB Price Eyes Fresh Surge<\/h2>\n<p>After forming a base above the $550 level, BNB price started a fresh increase. There was a move above the $565 and $570 resistance levels. It even recovered above the $588 level, beating Ethereum and Bitcoin.<\/p>\n<p>There was a decent move above the 50% Fib retracement level of the downward move from the $637 swing high to the $548 low. There is also a connecting bullish trend line forming with support at $600 on the hourly chart of the BNB\/USD pair.<\/p>\n<p>However, the bears seem to be active near the $605 and $606 levels. The price is now trading above $600 and the 100-hourly simple moving average. If there is a fresh increase, the price could face resistance near the $606 level.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-707702\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/03\/Binance-Coin-BNB.png?resize=1024%2C478\" alt=\"BNB Price\" width=\"1024\" height=\"478\" loading=\"lazy\" \/><\/p>\n<p>The next resistance sits near the $616 level or the 76.4% Fib retracement level of the downward move from the $637 swing high to the $548 low. A clear move above the $616 zone could send the price higher. In the stated case, BNB price could test $635. A close above the $634 resistance might set the pace for a larger move toward the $650 resistance. Any more gains might call for a test of the $665 level in the near term.<\/p>\n<h2>Another Decline?<\/h2>\n<p>If BNB fails to clear the $606 resistance, it could start another decline. Initial support on the downside is near the $600 level. The next major support is near the $595 level.<\/p>\n<p>The main support sits at $588. If there is a downside break below the $588 support, the price could drop toward the $570 support. Any more losses could initiate a larger decline toward the $565 level.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for BNB\/USD is gaining pace in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BNB\/USD is currently above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $600 and $595.<\/p>\n<p>Major Resistance Levels \u2013 $606 and $616.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BNB price is recovering from the $550 support zone. The price is rising and might aim for a fresh move toward the $635 resistance. BNB price is moving higher above the $585 resistance zone. The price is now trading below $595 and the 100-hourly simple moving average. There is a connecting bullish trend line forming&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3317,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[442],"tags":[716,443,717,718,445,446],"class_list":["post-3316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bnb","tag-binance-coin","tag-bnb","tag-bnb-price","tag-bnbbtc","tag-bnbusd","tag-bnbusdt"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=3316"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3316\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/3317"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=3316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=3316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=3316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}