Binance Coin on 22 February $656.99 (BNB) price, the conversation between the famous musician Kanye West and Binance founder Changpeng Zhao increased by about 5 percent due to speculation. This development caused a significant flow of capital during the hours. The market tried to recover quickly after the sudden sales on the previous day.
Kanye West and Crypto
Binance, the previous day after an incident on the Bybit stock exchange to facilitate the transactions of users by transferring 50,000 ETH transfer (debt) provided liquidity support. This step aimed to reduce the risk of panic in the market, while contributing to the rapid recovery of BNB. Despite the fluctuations in the market, the recovery of BNB was observed.
Kanye West said that he evaluated the initiation of his own blockchain project beyond traditional breast token trends in posts he shared on social media. West said that he is thinking about a new digital project by sharing the private message screenshots. In addition, the effects of popular names on the market increased speculation in this field.
On a single screen instant prices, important data, news, latest developments, comments and discussions at Chat! Come right away from your eyes!
Kanye West: “Creating your own brand is the basis for being successful.”
Edward: “Cardano
$0.768805 A systematic structure can be created like an example. ”
Technical Analysis and Price Expectations
Technical analysis reports show that BNB tested significant price levels. The price approached the $ 689.8 level with the upper Bollinger band; This increases the pressure pressure. In addition, there was an increase in the transaction volume, the OBV indicator has a positive signal and the market is intensified in the direction of purchase.
If the current form is preserved, it is important to keep support levels above $ 680. Otherwise, short -term retreats may be experienced. Market actors, if positive developments continue to continue to say that a rise to the $ 700 level can be possible.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and perform their operations in line with their own research.
