Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



Binance Coin Breaks Through The 720 Barrier But Uses It As Support

December 13, 2024
BNB-USD witnessed a significant breakthrough as it broke through the 720 barrier, but instead of continuing the upward trend, it stabilized and used it as a support level. This indicates a strong bullish sentiment for Binance Coin.

The CEO of Binance, Changpeng Zhao, also known as CZ, mentioned in an interview that the company is still in the process of choosing a location for its global headquarters. This decision plays a crucial role in the future growth and expansion of the company.

In recent technical analysis, experts from Stocks Prognosis have identified an Elliott Wave pattern for BNB-USD. This pattern suggests that Binance Coin could experience further upward movement in the coming days. Investors are recommended to seek professional advice from Stocks Prognosis for accurate predictions and investment strategies.

Overall, Binance Coin has shown resilience and strength in the market. Its breakthrough of the 720 barrier and usage as a support level portrays a positive sentiment towards the cryptocurrency. Investors should stay updated with the latest market trends and seek guidance from trusted professionals to make informed investment decisions.
If you want to leave a comment, then you need Login or Register





Other data for BNB-USD

Related data

BNB-USDAugust 22, 2025BNB USD Hits Price Target Forecast with 49.37% Profit, Validates QuantWave's Analytics  ~2 min.

On April 24, 2025, QuantWave issued a long forecast signal for BNB USD with a price target of $898.77. The stock was trading at $601....


BNB-USDAugust 22, 2025BNB USD Stock Hits Forecast Price Target with 34.96% Profit - QuantWave Analysis  ~2 min.

The stock BNB USD has successfully reached the price target forecasted by QuantWave, resulting in a profitable outcome for investors....


BNB-USDAugust 20, 2025BNB Surges on 2B Investment: Analysts Debate If 1000 Target Is Within Reach  ~1 min.

BNB-USD, the cryptocurrency associated with BNB Chain, skyrocketed after a $2 billion investment was announced....


BNB-USDAugust 20, 2025QuantWave Forecast Success: BNB USD Hits Target with 25.63% Profit  ~2 min.

QuantWave, the leading automated forecasting platform, has achieved another milestone with the successful prediction of the price target for BNB USD....


BNB-USDAugust 17, 2025QuantWave Achieves 40.92% Profit Forecast for BNB USD Stock  ~1 min.

QuantWave, the renowned automated forecasting platform, recently hit a significant milestone with its price target forecast for the BNB USD stock....


BNB-USDJuly 27, 2025QuantWave Achieves 28.06% Profit Target Forecast for BNB USD  ~2 min.

QuantWave, the cutting-edge automated forecasting platform, has successfully hit its price target forecast for the stock BNB USD, resulting in a substantial profit of 28.06%....


BNB-USDJuly 27, 2025QuantWave Achieves Forecast Success with BNB USD, Providing 42.12% Profit Opportunity  ~2 min.

QuantWave, the automated forecasting platform, recently celebrated a significant accomplishment with its forecast for the stock BNB USD....


BNB-USDJuly 27, 2025QuantWave Hits Bullseye with BNB USD Forecast, Generates 27.44% Profit  ~1 min.

QuantWave, a leading automated forecasting platform, has proven its prowess once again with a successful price target forecast for the stock BNB USD....


BNB-USDJuly 26, 2025QuantWave Hits the Mark with BNB USD Forecast, Generating 15.07% Profit  ~2 min.

QuantWave, the renowned automated forecasting platform, has once again proven its accuracy with the successful prediction of the price target for BNB USD....


BNB-USDJuly 21, 2025BNB USD Stock Hits Forecasted Price Target with 18.4% Profit for QuantWave Users  ~2 min.

QuantWave, a leading automated forecasting platform, has recently achieved a significant milestone with its accurate price target forecast for BNB USD stock....


BNB-USDDecember 11, 2024BNB-USD Price Analysis: Bitcoin XRP Slowdown Boosts Binance Coin  ~1 min.

Binance Coin (BNB-USD) has shown significant strength in the market as Bitcoin and Ripple experience a slowdown. Analysts predict a positive price movement for BNB-USD in the near future....


LTC-USDMarch 15, 2025Trump Excludes Binance Coin and Litecoin from US Crypto Reserves, Citing Privacy Concerns  ~2 min.

A recent decision by former President Donald Trump has excluded Binance Coin (BNB) and Litecoin (LTC) from the US crypto reserves....


CSCODecember 30, 2024New Headquarter Announcement Boosts Confidence in Cisco Systems Inc.  ~2 min.

Cisco Systems Inc. (CSCO) recently announced its plans to build a state-of-the-art headquarters, further solidifying its position as a leading technology company in the market....


BNB-USDDecember 10, 2024XRP Slowdown Boosts Binance Coin and Other Rival Coins, ETH and ETC Price Analysis Reveals  ~1 min.

Binance Coin (BNB-USD) has experienced a surge in price following a slowdown in Bitcoin and XRP. According to the latest price analysis, BNB has reached a new all-time high, nearing $1000....


ORCLFebruary 19, 2025Oracle Corporation Expands AI Potential with National Data Consolidation, Says Chairman Larry Ellison  ~1 min.

Oracle Corporation (ORCL) Chairman Larry Ellison has advocated for national data consolidation to boost the potential of artificial intelligence (AI)....