Binance Coin experienced consistent growth throughout January 2023 and was able to overcome the $315 resistance level in the first few days of February 2023. Since November 2022, there has been noticeable resistance at this level. A move above it therefore portends more gains. A recent research emphasised BNB's recent strong market performance as well as the fact that the use of the exchange token was increasing. The trend is favourable for bitcoin as well. Therefore, another upward move for Binance Coin may be the way forward, barring a BTC dip below $22.3k. BNB Coin Price will reach $360? When exactly a bullish breakout would start is unknown. The available data suggests that an upward shift is more probable. A drop below $321.5, which would turn the lower timeframe market structure bearish, would invalidate this theory. In this case, there can be a bullish response to a retest of the $315 level. If the upgrades of the network manage to push the price action. Then we can expect the Binance coin price prediction to rally to $340.65 by the end of 2023 as per coinpedia.
This is the other half of the story. Binance Coin Surges – to $360 next? ---> Binance Coin Collapsed from $640 to $320 or Binance Coin Ranging – to range again? Who bought BNB at 640 a few months ago? Now it is at 320. ie half of your investment is gone. Return on investment 2021-Present negative 100% It has been hovering around 225 to 370. It will continue to hover around 225 to 370 for the next few weeks/months until the chart says otherwise. www.maxinger.org
Due to my principles of ethics... I refused to buy this rip-off imitational & centralized shit-coin. I already threw away too many morals by grabbing Solana during the fire-sale.
Solana is best coin too invest. By examining the solana cryptocurrency's recovery rate during the past month, analysts predict a surge. According to specialists from a reputable cryptocurrency group, the price of Solana could increase in 2023. On the daily time frame chart, SOL cryptocurrency has been consolidating since the 14th of January, nevertheless. Investors in Solana must hold off until the price of the cryptocurrency holds and returns to the higher price range of the consolidation period. The transaction speeds and success rate of the Solana network is still at par with a number of its rivals. According to Sol Scan, the success rate of Solana’s transactions has fairly remained above 75% in the majority of the cases. This comes in light of the congestion in Solana’s network. If Solana manages to sail across the challenges of the crypto-verse, whilst fixing the consensus issues. According to Coinpedia, the price of SOL might escalate upwards of $36.87.
Binance coin, $BNB reacting to news that Paxos will stop issuing $BUSD Paxos Trust Co. has been warned by the United States Securities and Exchange Commission (SEC) that the SEC intends to sue the business for breaking investor protection rules. The SEC's continued effort to enforce regulations in the cryptocurrency industry is reflected in this action. Wells Notice Issued to Paxos Paxos has received a Wells notice from the SEC's enforcement team, which is a letter used to notify organisations and people of potential enforcement action. An unregistered security, according to the notice, is Binance USD, a digital asset created and listed by Paxos. It is still unknown why the warning was sent out, and whether it had anything to do with the coin's issuance or listing. Companies that get Wells letters have the chance to write back and explain why the SEC shouldn't file a lawsuit. Binance coin Freefall A spokesman for Binance stated on Monday that BNB, the company's cryptocurrency, fell 5% after the New York Department of Financial Services ordered Paxos Trust to halt producing more of its BUSD token. The news that circulating that the New York Department of Financial Services has been told to cease minting new BUSD tokens has created FUD in BNB community. The BUSD token was trading just below parity on Monday, according to Coinmarketcap. BNB is down by roughly 6% on a daily scale and trades well beneath $300. Your comment on this @maxinger