Binance Coin Surges – to $360 next?

[adamgil721]

Binance Coin experienced consistent growth throughout January 2023 and was able to overcome the $315 resistance level in the first few days of February 2023. Since November 2022, there has been noticeable resistance at this level. A move above it therefore portends more gains.
A recent research emphasised BNB's recent strong market performance as well as the fact that the use of the exchange token was increasing. The trend is favourable for bitcoin as well. Therefore, another upward move for Binance Coin may be the way forward, barring a BTC dip below $22.3k.

BNB Coin Price will reach $360?

When exactly a bullish breakout would start is unknown. The available data suggests that an upward shift is more probable. A drop below $321.5, which would turn the lower timeframe market structure bearish, would invalidate this theory. In this case, there can be a bullish response to a retest of the $315 level.  If the upgrades of the network manage to push the price action. Then we can expect the Binance coin price prediction to rally to $340.65 by the end of 2023 as per coinpedia.