Ah, BNB! The cryptocurrency that seems to have a penchant for dramatic entrances. Just when you think it’s down for the count, it pulls off a 5% surge in 24 hours like a magician revealing a rabbit from a hat. 🐇✨
BNB’s Daring Dance with Resistance
On Monday, BNB decided it was time to strut its stuff, reclaiming its spot among the top 100 cryptocurrencies. It’s like the underdog in a sports movie, trying to break free from its downtrend and make a comeback. Cue the inspirational music!
Now, let’s talk numbers. BNB has taken a bit of a tumble, retracing about 20% since its all-time high of $793 back in December 2024. It’s like watching your favorite rollercoaster ride—up, up, and then whoosh, down to the $500-$700 range. It even hit a six-month low in February, which is about as fun as stepping on a Lego in the dark.
Last Monday, BNB had a little rendezvous with the $510 mark before bouncing back like a rubber ball. It’s now up 18% from last week’s low, hitting a monthly high. Talk about a comeback story!
Over the weekend, BNB tried to reclaim the elusive $600 level but couldn’t quite hold on. It’s like trying to keep a cat in a bathtub—good luck with that! However, it did manage a 7.7% surge, reaching $643 on Monday morning before deciding to take a breather.
Crypto analyst Carl Runefelt, who sounds like he should be wearing a cape, believes that if BNB can hold its ground above the $600-$620 range, it might just break through the three-month descending resistance line at around $650. He’s convinced it has “all the chances” to do so, which is a bit like saying I have “all the chances” of winning the lottery if I just buy a ticket. 🎟️
Meanwhile, AMCryptoAlex is waving a flag of optimism, claiming BNB has broken out of an inverse Head and Shoulders pattern. It’s like a fashion statement in the crypto world! He notes that BNB is printing “consistent green candles” above the crucial resistance level, which is a fancy way of saying it’s looking good for more upside. 🌱
BNB Chain Outshines Solana’s DEX Volume
Ted Pillows, who sounds like he should be a character in a sitcom, agrees that BNB’s chart is looking promising. He’s spotted a “double-bottom pattern” and believes the fundamentals are improving. It’s like finding out your favorite restaurant has a new chef—exciting!
In a thrilling twist, BNB Chain has surpassed Solana’s decentralized exchange (DEX) volume in the past 24 hours. It’s like a race where BNB just zoomed past Solana, leaving it in the dust. With a trading volume of $1.64 billion, BNB is on a roll, and Ted thinks it’s just a matter of time before it hits that $640 level. “Once that happens,” he says, “BNB will hit a new ATH in no time.” No pressure, BNB!
According to DeFiLlama data, BNB Chain’s trading volume surged to $1.64 billion on Sunday, surpassing Solana’s $1.07 billion. It’s like a crypto version of “keeping up with the Joneses.”
The surge seems to be fueled by a recent memecoin frenzy, with tokens like Mubarak (MUBARAK) making waves. This token has seen a trading volume of around $300 million in the past 24
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2025-03-18 12:05