Binance Coin is poised to become another top performer following its steady accumulation and imminent fresh ATH.
Binance Coin (BNB)
Binance Coin price has been consolidating for over a month and a half, attempting to close above $640. However, the altcoin has failed to do so, leaving it stuck within the $560 to $620 range.
Nevertheless, BNB is bolstered by support from buyers and bullish market indicators. BNB trades 16% below its all-time high of $686.
The sideways pattern, however, could prolong the wait for a new ATH.
PEPE
Despite facing stiff competition from dogwifat (WIF), Pepe has surprised the market with its recent rally. In the past three months, the frog-themed meme coin has registered a 586% upswing.
Should the meme coin maintain support above the 50-day Exponential Moving Average (EMA), it could reclaim the $0.00001000 support level.
Tron (TRX)Â
Tron’s price bounced from the $0.109 low, narrowly evading the formation of a death cross. This bearish pattern occurs when the 200-day EMA crosses below the 50-day EMA. However, Tron’s sudden upswing invalidated this death cross.
This opens up upside potential for TRX as the Relative Strength Index ( RSI ) trends within the bullish region.Â
Should the RSI indicator maintain the 50.0 neutral line as support, TRX could extend its upswing.
