Binance Coin (BNBUSD) held strong gains in its latest intraday trading, reaching the 1,337 resistance level. The cryptocurrency remains supported by continuous trading above its 50-day simple moving average, under a firmly established main bullish trend and trading along an upward sloping line. Moreover, the RSI continues to show positive signals, even as it stays within heavily overbought zones, which may indicate ongoing bullish momentum.

Therefore, we expect the cryptocurrency to rise in upcoming trading, particularly if it breaks above the mentioned resistance at 1,340, targeting the next resistance level at 1,490.

Todays price forecast: Bullish.