**Title:** BNB Price Analysis: Bullish Trend Continues
The Binance Coin (BNB) price has been on a tear lately, with a clear bullish trend emerging over the past few weeks. As you can see from the chart above, the price has broken through the resistance level at $35 and is now trading above the 50-day moving average.
This is a strong indication that the bulls are in control, and we can expect the price to continue its upward momentum. The Relative Strength Index (RSI) is also indicating overbought conditions, which is a classic sign of a strong bull run.
**Key Levels to Watch:**
* Resistance: $42 (previous high)
* Support: $30 (50-day moving average)
**Prediction:**
We predict that the BNB price will continue to rise in the short term, potentially reaching as high as $50 within the next few weeks. However, we also advise caution, as the market can be volatile and unpredictable. As always, it's essential to do your own research and set a stop-loss to limit your potential losses.
**Disclaimer:**
This analysis is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risk, and you should only invest what you can afford to lose.
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changes.$BNB
