BNB Price Analysis: Prices Flash Reversal Signs Again; Buy This Dip? 

The BNB/USDT pair has showcased a constant rally for nearly two months and marked a record high of $336.67. Concerning the June 18th low of $184.5, the altcoin registered an 82.76% gain as it knocked out multiple in-between resistance.

Timeline of Bnb

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto's own research on the subject Hey, do you hold crypto? If yes, how much thought did you give to the prospect of holding BNB?

Binance (BNB) is one of the most successful blockchains on the current crypto market, being host to a vast range of services attempting to bring the benefits of blockchain technology to a broader audience.

The much-anticipated Gnox presale on Binance Smart Chain is finally set to launch on PancakeSwap. PancakeSwap is the leading decentralized exchange (DEX) on Binance Smart Chain and is known for its high liquidity, low fees, and fast transaction speeds.

Binance Coin (BNB) price has risen to the high of $337 on August 10. This is the historical level from May 25. On May 25, buyers failed to keep the price above the $337 resistance as it fell to the low of 183. The bulls bought the dips as the altcoin resumed its upward movement.

Metamortals rises as an innovative platform for play-to-earn games Cryptocurrencies have been profitable to many economies of the world, especially developing nations, by improving economic and social status. Even small businesses and entrepreneurs have more control over their finances and there is easier access to capital due to the introduction of blockchain technology.

The price of Binance coin (BNB) continues to look strong as it holds its support against Tether (USDT) after the Consumer Price Index (CPI) announcement. The CPI tends to provide a gauge as regards inflation in the economy while instigating BTC prices and other altcoins.

The BNB token is emerging as a great performer even though the top crypto assets fell on 10 August. With growing fears surrounding U.S. inflation news, Bitcoin lost a crucial $23k support albeit briefly.

Double-digit inflation currently ravages most economically developed countries and has dominated headlines globally. People have seen their purchasing power drastically reduced, and if they have not seen wage increases in line with inflation, they have taken a significant pay decrease.

Binance coin (BNB) bulls look set to break key resistance with so much buying pressure that could send BNB price higher. The price of BNB looks really strong after showing some positive signs in the past few days with a lot of bids created by BNB bulls driving the price of the coin despite the market uncertainty.

After extending recent gains, bnb rose to its highest point in two months during today's trading session. The move comes following tweets from Binance CEO Changpeng Zhao, confirming a new partnership with Swiss watchmaker Franck Muller. Ethereum classic, on the other hand, was lower for a second straight session.