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Binance Coin price forecast - new all-time high as soon as the price ...



In our last Binance Coin price forecast , we wrote that as soon as the price reaches a daily closing price of +/- $ 590, we have a good chance of attacking the current all-time high in the next few days and possibly forming a new one. However, while the price closed well above $ 590, there was a large sell-off the day after, causing the new support at $ 590 to fail. The price is now around $ 569 and is below the critical support of $ 590. But what would have to happen now for us to form a new all-time high? We enlighten you!

In order for the Binance Coin price to form a new all-time high, it should first break the current resistance of $ 590. However, there is now a trend line at the resistance that has served as resistance several times during the correction. This attempt was made to break during the days, but the cops failed each time. Once this trendline is broken and the resistance at $ 590 is broken we will see a new all-time high. Although there is a resistance area between $ 650 and $ 679, the Binance Coin price will very likely break it as soon as the price breaks the trend line.

The current all-time high is $ 691.8. So the price could soon be over $ 700, which could also activate a running sequence. 

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