BNB chain is very active! Activity explodes, price could break record

According to Bollinger Bands (BB) data, BNB price fluctuates between $560.53 and $708.04. The middle band level at 634.28 $ plays a crucial role as support and resistance. If BNB crosses this level, a strong bullish breakout is possible. However, if the $708 mark is not broken, the price may continue its consolidation process. The Relative Strength Index (RSI) is currently at 51.71, which is neither in the overbought nor oversold zone. If buying pressure increases, BNB price could reach new highs!