BNB Smart Chain’s Maxwell upgrade, which, according to the BNB Chain team, is “a technical leap forward for faster blocks, better validator coordination, and smoother network performance,” went live on Monday.

How has BNB’s 

BNB

$757.53

 price responded to the latest upgrade? Could buyers propel the price above the overhead resistance? Let’s analyze the charts to find out.

BNB price prediction

BNB broke above the descending channel pattern on Sunday, and the bulls successfully defended the retest of the breakout level on Tuesday. That suggests the bulls have flipped the resistance line into support.

$BNB