Binance coin price analysis: BNB/USD advancing towards $510

TL; DR Breakdown The Bollinger bands widened in most trading sessions on the 5-day price analysis chart. The Relative Strength Index (RSI) is in the neutral zone on the 4-hour Binance coin price analysis chart, implying that a move toward 70 could be forthcoming.Many technical indicators are showing are suggesting BNB/USD price surge is on the way. Binance coin price analysis: General price overview The Moving Average indicator shows that the buying pressure is intense, and the bears cannot alter the bull trend. The 20-day Moving average indicator had crossed over the 200-day Moving Average, suggesting that the bulls will continue to dominate the Binance coin market. The Bollinger bands widened in most trading sessions on the 5-day price analysis chart. This suggests that there are alot of activities that were taking place leading to wide Bollinger bands. The Balance of power indicator also suggests that most parts of the five-day price analysis chart is bullish as the indicator is pointing towards the positive side. Source: Coin360 Most altcoins have a positive market trend, while the significant digital assets are in tears after recording price deviations. The most prominent digital asset is trading below $50K, while the second-largest digital currency Ether, is trading in an intense bear trend. Solana, despite having the most gains on yesterday’s price analysis chart, today is on a negative trend. The Binance c...