Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

XRP performs better than the crypto market with 10% jump if open interest rises beyond $ 5 billion

2025-05-12

Massive comeback above important support

2025-05-12

R2 Testnet affects 10 million transactions with 200K+ users in weeks

2025-05-12
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    R2 Testnet affects 10 million transactions with 200K+ users in weeks

    2025-05-12

    Miro announces a strategic partnership with Enac Network to bring about a revolution in Enterprise Web3 apps

    2025-05-12

    Ripple CTO predicts a big shift with ZK certificates: Details

    2025-05-12

    Kalps integrates with ENI to promote blockchain -innovation and RWA -Tokenization

    2025-05-12

    EMC protocol joins Dagama to restore confidence in Real-World reviews

    2025-05-11
  • NFT

    NFT -turns 10.6% to $ 115 million, Doodles Rally 500%

    2025-05-11

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    XRP performs better than the crypto market with 10% jump if open interest rises beyond $ 5 billion

    2025-05-12

    Cathie Wood doubles Bitcoin objective on 2030, says that BTC still has ‘miles’

    2025-05-12

    Analyst reveals factors that will make it happen in 2025

    2025-05-12

    Hyperliquid affects $ 6 billion in open interest while Bitcoin tests $ 105k near price discovery

    2025-05-12

    Brian Armstrong says that Coinbase considered placing 80% of the balance in crypto, but decided to be against it: report

    2025-05-12
  • Learn

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»The price climbing from BNB to $ 730 depends on these factors!
Altcoins

The price climbing from BNB to $ 730 depends on these factors!

2025-03-15No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email
  • Liquidity growth on the BNB chain has been considerable, with a rally up to $ 730 that looks feasible in the graph
  • Sentiment on the market indicated that there is a bearish force, but buying volume can destroy it

For the first time in more than a month BNB Bullish wins on the charts, with the crypto by almost 2% in 24 hours. This, after an earlier downward trend, had the losses of almost 17% with investors.

This rally can mark the start of a large movement, especially if BNB exceeds a critical resistance line and cools the sales pressure in the derivatives market. That is why it is worth exploring the potential movement of BNB in ​​a deeply.

Liquidity inflow reinforces the price movement of BNB

According to Ambcrypto’s analysis, there has been a remarkable inflow into the BNB chain, with the same intensification of recent times. These inflow not only contributed to the price rally, but have also insisted an increase in the total value (TVL).

TVL measures the amount of BNB deposited and locked over different protocols on the BNB chain. A walk suggests that more investors lock their assets, indicating trust in a potential price rally.

Source: Defillama

Between 12-15 March, the TVL from BNB Chain rose by $ 496 million, which represents the amount of BNB in ​​the protocols. Also the scale of this Liquidity inflow can be associated with a walk in active addresses during this period.

At the time of writing, active addresses peaked at 1.1 million after a monthly low of 959,200 on 8 March, with the transaction count hit 4.5 million. The growth in these statistics, together with the price and TVL, hinted to the dominance of buyers on the market.

See also  Assessing interest in the Solana ecosystem, NFTs

BNB is confronted with key resistance

BNB has pushed the aforementioned price stick to a resistance line that has been in forming since mid -February. In the last two occasions when the price contact with this resistance, this led to a fall across the board.

If it sees an infringement above this level, there is a high chance that the active profit of 23.48%will achieve and climb up to $ 732.

Source: TradingView

Technical indicators on the graph hinted to the potential for a market trally. At the time of the press, the relative strength index (RSI) and the moving average convergence -divigence (MACD) referred to a bullish scenario for the altcoin.

The daily RSI movement also revealed that it could be actively higher trends. Especially since the RSI seemed to close to the purchase zone – above 50.

Source: TradingView

The MACD also formed a classic golden intersection pattern that occurs when the blue MacD line crosses the orange signal line.

Such a pattern usually precedes a bullish in the market. If this happens, a BNB outbreak could occur in the short term.

Dischairage data Show mixed sentiment at traders

Despite a high bullish sentiment on the market, some traders have sold. At the time of writing, the open interest in both the Futures and the option markets had fallen by 2.30% and 1.56% respectively.

A falling open interest means that restless contracts on the derivatives market can be possible to be filled by short traders who anticipate a price decrease. This usually stops upward price movement or influences an attack of depreciation in the charts.

Source: Coinglass

However, derivatives traders on Binance and OKX have continued to buy, with the long-to-korter ratio flashing measurements of 1.43 and 2.18 respectively. When this ratio is above 1, this means buying more than selling. And, the further above 1 it is, the stronger the purchase volume is over the market.

See also  Pepe Whale sells 356.2 billion tokens worth $7.3 million: impact on price?

If derivaten traders continue to buy in these fairs, the sales pressure of other cohorts in the derivatives market would remain minimal. Only then can the BNB price break out in the charts.

Next: XRP – Price forecast – More profits come in after 19% profits in 4 days?

Source link

BNB climbing depends Factors Price
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Massive comeback above important support

2025-05-12

Top 9 play-to-earn NFT games to try in May 2025!

2025-05-12

Analyst reveals factors that will make it happen in 2025

2025-05-12

New Defi Crypto would be launched at $ 0.06 with potential to reach $ 0.30 – this is why investors keep a close eye on

2025-05-12
Add A Comment

Comments are closed.

Top Posts

SEC Chairman Gary Gensler is standing in the way of Bitcoin ETFs, says Cathie Wood of ARK Invest

2023-10-16

Woodstock World brings the 1969 Festival to the Metaverse

2023-07-02

Senator Hagerty’s new Stablecoin Bill is getting a step closer to becoming legislation after the committee’s death

2025-03-15
Editors Picks

Palm Foundation to Scale Its Native Network to Support NFT Minting and Trading

2023-07-27

Coinbase claims SEC is trying to ‘circumvent’ the Howey test in latest appeal attempt

2024-05-24

The SEC is coming for Ethereum (again).

2024-06-30

Bitcoin options soar to an all-time high as the price briefly rises above $44,000

2023-12-07
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

XRP performs better than the crypto market with 10% jump if open interest rises beyond $ 5 billion

Massive comeback above important support

R2 Testnet affects 10 million transactions with 200K+ users in weeks

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$102,538.78-1.72%
  • ethereumEthereum(ETH)$2,482.69-0.99%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.547.02%
  • binancecoinBNB(BNB)$661.621.46%
  • solanaSolana(SOL)$172.32-0.11%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.229537-0.73%
  • cardanoCardano(ADA)$0.810.26%
  • tronTRON(TRX)$0.2747783.99%
  • suiSui(SUI)$3.95-1.72%
  • chainlinkChainlink(LINK)$16.66-1.86%
  • avalanche-2Avalanche(AVAX)$24.740.17%
  • stellarStellar(XLM)$0.3134131.89%
  • shiba-inuShiba Inu(SHIB)$0.000016-1.98%
  • hedera-hashgraphHedera(HBAR)$0.2128883.77%
  • the-open-networkToncoin(TON)$3.34-0.72%
  • piPi(PI)$1.166.73%
  • hyperliquidHyperliquid(HYPE)$24.40-1.54%
  • bitcoin-cashBitcoin Cash(BCH)$409.30-0.19%
  • polkadotPolkadot(DOT)$5.08-0.53%
  • unus-sed-leoUNUS SED LEO(LEO)$8.562.28%
  • litecoinLitecoin(LTC)$101.931.73%
  • moneroMonero(XMR)$338.130.02%
  • pepePepe(PEPE)$0.0000140.80%
  • bitget-tokenBitget Token(BGB)$4.75-2.42%
  • daiDai(DAI)$1.000.02%
  • ethena-usdeEthena USDe(USDE)$1.000.06%
  • uniswapUniswap(UNI)$6.90-0.17%
  • bittensorBittensor(TAO)$452.50-0.15%
  • nearNEAR Protocol(NEAR)$3.160.66%
  • aptosAptos(APT)$5.82-1.24%
  • aaveAave(AAVE)$222.221.17%
  • okbOKB(OKB)$54.58-1.02%
  • ondo-financeOndo(ONDO)$1.02-1.04%
  • internet-computerInternet Computer(ICP)$5.730.41%
  • ethereum-classicEthereum Classic(ETC)$19.72-0.81%
  • kaspaKaspa(KAS)$0.111847-4.72%
  • mantleMantle(MNT)$0.800.21%
  • crypto-com-chainCronos(CRO)$0.1008952.52%
  • gatechain-tokenGateToken(GT)$21.72-0.39%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.255537-0.32%
  • render-tokenRender(RENDER)$5.11-2.00%
  • vechainVeChain(VET)$0.030742-1.26%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.70-7.85%
  • ethenaEthena(ENA)$0.390315-4.49%
  • usd1World Liberty Financial USD(USD1)$1.000.41%
  • filecoinFilecoin(FIL)$3.12-1.03%
  • algorandAlgorand(ALGO)$0.239549-0.21%
  • cosmosCosmos(ATOM)$5.26-0.60%
  • bitcoinBitcoin(BTC)$102,538.78-1.72%
  • ethereumEthereum(ETH)$2,482.69-0.99%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.547.02%
  • binancecoinBNB(BNB)$661.621.46%
  • solanaSolana(SOL)$172.32-0.11%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.229537-0.73%
  • cardanoCardano(ADA)$0.810.26%
  • tronTRON(TRX)$0.2747783.99%
  • suiSui(SUI)$3.95-1.72%
  • chainlinkChainlink(LINK)$16.66-1.86%
  • avalanche-2Avalanche(AVAX)$24.740.17%
  • stellarStellar(XLM)$0.3134131.89%
  • shiba-inuShiba Inu(SHIB)$0.000016-1.98%
  • hedera-hashgraphHedera(HBAR)$0.2128883.77%
  • the-open-networkToncoin(TON)$3.34-0.72%
  • piPi(PI)$1.166.73%
  • hyperliquidHyperliquid(HYPE)$24.40-1.54%
  • bitcoin-cashBitcoin Cash(BCH)$409.30-0.19%
  • polkadotPolkadot(DOT)$5.08-0.53%
  • unus-sed-leoUNUS SED LEO(LEO)$8.562.28%
  • litecoinLitecoin(LTC)$101.931.73%
  • moneroMonero(XMR)$338.130.02%
  • pepePepe(PEPE)$0.0000140.80%
  • bitget-tokenBitget Token(BGB)$4.75-2.42%
  • daiDai(DAI)$1.000.02%
  • ethena-usdeEthena USDe(USDE)$1.000.06%
  • uniswapUniswap(UNI)$6.90-0.17%
  • bittensorBittensor(TAO)$452.50-0.15%
  • nearNEAR Protocol(NEAR)$3.160.66%
  • aptosAptos(APT)$5.82-1.24%
  • aaveAave(AAVE)$222.221.17%
  • okbOKB(OKB)$54.58-1.02%
  • ondo-financeOndo(ONDO)$1.02-1.04%
  • internet-computerInternet Computer(ICP)$5.730.41%
  • ethereum-classicEthereum Classic(ETC)$19.72-0.81%
  • kaspaKaspa(KAS)$0.111847-4.72%
  • mantleMantle(MNT)$0.800.21%
  • crypto-com-chainCronos(CRO)$0.1008952.52%
  • gatechain-tokenGateToken(GT)$21.72-0.39%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.255537-0.32%
  • render-tokenRender(RENDER)$5.11-2.00%
  • vechainVeChain(VET)$0.030742-1.26%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.70-7.85%
  • ethenaEthena(ENA)$0.390315-4.49%
  • usd1World Liberty Financial USD(USD1)$1.000.41%
  • filecoinFilecoin(FIL)$3.12-1.03%
  • algorandAlgorand(ALGO)$0.239549-0.21%
  • cosmosCosmos(ATOM)$5.26-0.60%