Cryptocurrencies Price Prediction: BNB, Ethereum & PancakeSwap — Asian Wrap 28 July
BNB price forecast: Binance Coin surges to record highs as Windtree plans $520M acquisition
BNB (BNB), formerly known as Binance Coin, edges lower after hitting a new all-time high of $855 at press time on Monday. The Centralized Exchange (CEX) token enters uncharted territory on the back of Windtree’s $250 million commitment to build a BNB corporate treasury.
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple –BTC stuck in range, ETH eyes $4,000 while XRP rebounds
Ethereum's price retested and found support around its daily level at $3,500 on Thursday, and it recovered nearly 8%, closing above the daily resistance at $3,730 on Sunday. At the time of writing on Monday, it continues to trade above $3,800. If ETH continues its upward momentum, it could extend the rally toward the psychological $4,000 level.
Top Crypto Gainers: CAKE, JUP, SPX regain bullish momentum, leading market gains
PancakeSwap edges higher by over 2% at press time on Monday, extending the 10% gains from Sunday. CAKE’s bullish start to the week hit the $3.165 resistance level last tested on February 13. A decisive push above this level could extend the gains to the $3.535 level, last tested on December 13. The Moving Average Convergence Divergence (MACD) indicator displays a resurgence in green histogram bars, suggesting a revival of bullish momentum.
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