BNB price shows recovery from $550 support with 5% daily gains, but faces strong resistance at $606

This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum closes another week in red after the price fell by 3%.

BNB price is recovering from the $550 support zone. The price is rising and might aim for a fresh move toward the $635 resistance.

The bulls continued to defend $534 from the bearish onslaught, but BNB likely does not have the strength to surpass the $700 mark.

Bitcoin struggles to overcome $90,000 as bears attempt to hold the level as resistance, but BTC and altcoin charts suggest the upside is the most likely path that prices will take.

Binance Coin (BNB) is under pressure, slipping below the $600 mark as the broader crypto market struggles with renewed volatility. Investors are now watching a key support zone that previously triggered a strong rebound.Yesterday evening UTC (March 4), BNB revisited the $560 level, a critical support area last tested in early February.

BNB is down 8% in the last 30 days, but its correction remains notably less severe than those of BTC, ETH, XRP, and SOL. The overall crypto market slumped nearly 10% today, while BNB remains resilient.

Binance Coin (BNB) has experienced notable volatility recently, dropping back to the $560 level—a price point it first revisited in early February. At that time, bulls managed to defend the $560 support zone, which led to a temporary bounce toward $721.

The 4-hour chart of $BNB shows a bearish breakout from a triangular pattern, suggesting a deeper decline in the ongoing downtrend that began on February 14. Technical indicators, such as the EWO and RSI, display convergence, while the MACD signals a bearish crossover. Additionally, volume has decreased, reinforcing the idea of a correction.

BNB Chain enhances AI agents' role in Web3 by providing innovative solutions and platforms, fostering decentralized AI ecosystems and multi-agent collaborations.

Binance Coin (BNB) has recently seen significant volatility after breaking its ascending trendline, causing a sharp decline to the $500 level. However, the coin has since found support near $560, presenting an important inflection point for its future direction.

BNB's potential double bottom at the $560 price level could determine its next trajectory.

BNB Chain is implementing significant upgrades to Binance Smart Chain to handle increasing meme coin activity, including transaction throughput improvements and a $4.4 million liquidity program.

The crypto market is going up at the beginning of the week, according to CoinStats.

Brazilian football icon Ronaldinho has made his foray into the cryptocurrency space with the launch of STAR10, a digital token built on the BNB Chain. The post Ronaldinho Launches STAR10 Token on BNB Chain, Insider's Investment Skyrockets appeared first on Cryptonews.

Binance Coin (BNB), the native token of the Binance exchange, has experienced notable growth despite facing market challenges. The coin has seen fluctuations, but its overall trajectory points toward potential gains.

While BTC and ETH saw steep declines, BNB remained resilient. Stablecoin dominance added to Binance's strength.

As the markets break into a frenzy following President Trump's executive order for a Crypto Strategic Reserve, BNB is noticeably absent from the announcement. Binance founder Changpeng Zhao (CZ) is eyeing the addition of BNB to the Strategic Reserve at a later date while urging community member to remain chill.

Cryptocurrency prices have been highly volatile in the past few days. Bitcoin price has moved from last week's low of $75,000 to over $85,000. The total market cap of all cryptocurrencies has moved to $2.8 trillion, while crypto fear and greed index has dropped to the extreme fear zone.

Former Binance CEO Changpeng Zhao has announced plans to support the BNB Chain ecosystem by providing liquidity to weekly program winners while firmly addressing attempts to gain his attention through token donations. In an X post on Feb.

Changpeng Zhao, former CEO and co-founder of Binance, plans to add several BNB in liquidity to the weekly winning meme projects from the BNB chain competition. CZ has claimed that this will help boost the BNB ecosystem.

On February 22, Binance former CEO Changpeng Zhao posted that an address, which had been used by him to donate $100K, received more than $1m back. Clarifying that he had no plan to keep any of the received tokens for himself, he invited suggestions on what should be done with them.

Bitcoin's sharp recovery is proof that dip buyers remain active at lower levels. Will altcoins follow?

The crypto investors are no longer strangers to volatility, as crypto tokens rise and drop with changing trends and their demand. At present, the crypto market is witnessing one of the biggest downturns, where most digital assets are crashing.

As Bitcoin (BTC) potentially prepares to crash all the way down to $70,000, the altcoins are at or near the bottom. Is this the time to buy $ETH and $SOL?

Binance Coin (BNB) has entered a critical phase, with its price hovering around the $600 zone, facing a key test that could define its short-term direction. The price action over recent weeks has revealed a shift in market dynamics, highlighted by a break of structure and a change in character, indicating that bears have taken control.

This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) The market turned bearish and Ethereum has lost its support at $2,400, falling by 21% in the past seven days.

Binance coin faces a crucial test at the $600 zone as sentiment and tokenomics on the chain take a shift.

BNB price shows recovery attempts from $595 support while facing resistance at $618-$622 levels, with technical indicators suggesting mixed short-term outlook.

BNB price is recovering from the $595 support zone. The price is rising and might aim for a fresh move toward the $632 resistance.

Binance Coin (BNB), the native cryptocurrency of the Binance exchange, has shown impressive resilience amid the recent market downturn. Despite a significant drop in price, particularly after it struggled to surpass the $700 mark earlier this month, BNB has demonstrated key indicators that suggest it could be primed for a rebound.

Bitcoin appears on the verge of losing the $85,000 level, which could trigger a cascading liquidation event. Will bulls show up to buy the dip and defend a critical support level?

The market keeps falling today, according to CoinMarketCap.

The leading global crypto exchange Binance has announced the removal of key trading pairs involving Binance Coin (BNB) and Ethereum (ETH). The exchange will cease trading for BNB/UAH and ETH/UAH pairs on February 28, 2025, citing low liquidity and trading volume.

The move higher was in line with a CoinDesk analysis on Tuesday, as a five-month low in a sentiment index and a large-scale liquidation event indicated assets were likely oversold and could see relief in the short term.

BNB, like many altcoins, has experienced a significant drop, particularly after it struggled to surpass the $700 mark earlier this month. However, traders are still bullish, anticipating another breakout attempt. Despite the increasing selling pressure on its price chart, several on-chain metrics still show bullish signs.

Cardano (ADA) is showing significant signs of reclaiming the psychological price of $1 if it follows in the footsteps of BNB.

According to market analyst Linda Zheng, Binance Coin's (BNB) year-on-year gains surpassed most top-ranking cryptocurrencies by market capitalization. BNB has experienced an uptick of over 58% since the end of February 2024, only falling short of Bitcoin's 70% price uptrend in the same period.

The former CEO of Binance, Changpeng Zhao (CZ), recently revealed his allocation of investments in crypto in his wallet.

Ether is on the verge of slipping into a death cross, an ominous momentum indicator, with a mixed record of predicting price trends.

XRP, BNB, and DOGE are facing key technical breakdowns, triggering fresh downside risks. Will these dips lead to deeper losses or present new buying opportunities?

The Binance founder was challenged on social media platform X to reveal his holdings. Bitcoin composes just 1.32% of his portfolio.

Bitcoin price is at risk of falling from its current trading range and exploring new lows under $90,000. Can bulls turn the tide?

After Binance co-founder Changpeng “CZ” Zhao revealed his personal portfolio, BROCCOLI, a meme coin built on BNB, spiked nearly 33%.

Changpeng Zhao (CZ), founder of Binance, recently shared details about his investment portfolio through Binance Square.

The former CEO of the world's largest cryptocurrency exchange Binance, Changpeng Zhao, or CZ as he is better known online, recently shared his portfolio. We have become accustomed to the fact that crypto figures rarely reveal what they hold, but Zhao replied to one of the followers who asked the mogul what he holds besides Bitcoin (BTC) and Binance Coin (BNB).

Sellers are controlling the situation at the beginning of the week, according to CoinStats.