Binance Coin Price Analysis: BNB/USD rallies to $489, before retracing to $485

TL;DR Breakdown Today’s Binance Coin price analysis suggests bullish signalsBNB/USD pair traded within a wide daily range between $473 – $489.76BNB rallied to $489 in the early morning session Binance Coin Price Analysis: General price overview  Today’s Binance Coin price analysis suggests bullish signals for the next 24 hours after breaching resistance at $479 to a daily high of $489. Therefore, the exchange token will record high upsides in the course of the day as long as the bulls sustain the $480 support.  The general virtual currencies market traded with mixed signals over the last 24 hours as both bears and bulls engaged in a tight tug fight on who to control the market. Leading cryptos, Bitcoin, dropped by 1.24  percent, while Ethereum gained 1.20 percent. Solana (SOL) emerged as the best performer of the day with a record gain of 21 percent.  Binance Coin price movement in the last 24 hours: Binance Coin retraces to $480 According to our daily Binance Coin price analysis, BNB/USD pair traded within a wide daily range between $473 – $489.76, therefore suggesting high volatility across the daily Binance Coin market. The total Binance Coin trading volume has decreased by 24.12 percent and totals $1.98 billion, while the total BNB capitalization sits at $81.24 billion, ranking the coin at position #4 overall. BNB/USD 4-hour chart: BNB prepares for another rally? On the 4-hour BNB/USD price analysis ch...