Binance Cryptocurrency Accelerates in Search of Historic High

"BNB is ready to break its resistance," says a TradingView community analyst.

Two weeks ago, BNB marked its most recent historic high.

The current rise of bitcoin is driving the cryptocurrency market upward.

$BNB , the cryptocurrency created by Binance, is approaching decisive levels to determine whether it breaks its resistance and establishes a new historic high. Will it succeed?

On July 25, $BNB set a record of 860 dollars. Since then, the price has retraced 7.5%, currently trading at 801 dollars. However, it is a favorable short-term trend, as the cryptocurrency is supported by the overall market rebound and the momentum of bitcoin ($BTC ), which on August 11 surpassed USD 120,000 again.