How did the price of Benns Coin BNB increased by 26% in a week?

Although most alternative cryptocurrencies are suffering in a volatile market, the BNB BNB coin was distinguished by its resistance and hardness, and it was at a price of $ 500 a week ago, and now it rose by 26% to become $ 630, showing a classic condition of purchase after the decline.

Size indicators indicate the possibility of more height, but with current market fluctuations, will this increase continue or will decline?>

A risk and reward opportunity

Bennes Quinn was traded at $ 640 in publication, and the currency has witnessed a series of strong heights, indicating that investors began to accumulate silently.

Historically, analyzes indicate that there is a possibility to increase an additional 4.6% before resistance appears, but with the MACD indication to a bullish intersection, there may be an imminent penetration.

Yesterday, the Bitcoin Funds recorded 56.7 million dollars, while ETFS has witnessed internal flows of $ 12.6 million, indicating an increased preference for Ethereum -based investment products.

Bennes Quinn was subjected to major stakes with high prices, as investors seemed betting on the currency as a possible hedge.

The total open contracts were 1.05%, which removed selling centers of $ 500,000.

Search for market value recovery

Thanks to the strong basics and new speculative capital, Bennes Quinn seems ready to increase by 7% to restore the market value of $ 100 billion.

With the strengthening of speculation and capital flows, the Bennes Queen BNB currency can achieve new goals, but the bulls have to maintain their positions to avoid a long loss.

In the end, the BNB BNB coin shows great resistance in a volatile market, making it a risky but possible investment opportunity.