Binance BNB token going to $400 next?

BNBUSDT

The BNB price analysis indicates that the sentiment is turning positive, and traders are buying the dips as the bulls did not allow BNB to dip below the 20-day EMA (317) on April 12 and 13. Buyers will try to solidify their position by catapulting the price above the 338 to 346 overhead zone.

If they manage to do that, the BNB/USDT pair may pick up momentum and rally to 360 and subsequently to $400. Conversely, if the price turns down from the overhead zone, it suggests that the bears are active at higher levels, keeping the pair stuck between the 20-day EMA and 346 for some time.

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