Ecosystem activities increase rapidly in market optimism.

The impressive 24 -hour rally of BNB shows that the strength of the Binance ecosystem is increasing in the wider password optimism.

The upward momentum of the token consists of Bitcoin’s approach to BNB chain’s new all -time high, and has recently recorded more than 8 million daily transactions and 2 million active wallets.

According to COINDESK Research’s technical analysis data model, technical indicators have received various tests showing the continuous level of the buyer’s interest through strong support for BNB and various tests of this level.

Technical analysis highlights

• The price behavior has formed a clear trend with a significant volume spike at 15:00 and 16:00 hours on May 21 (183K and 186K).
• Strong volume support around $ 663- $ 670.
• The assets met a resistance near $ 689.35 before the small full back for 03:00 on May 22.
• Support is maintained at $ 679.08 and suggests continuous optimism.
• The significant price has soared between 07: 35-07: 37, and the notable volatility over the past one hour rises from $ 680.85 to $ 683.78 (0.43% increase).
• A multi -test of $ 682.00, which shows buyer interest, is about $ 683.90.
• More than 7,190 units were traded during the 07:37 period to confirm the intensity of the upward movement.
• The last minute showed an integration of about $ 682.28, suggesting temporary equilibrium after volatile transactions.

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