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Textbook Pattern Explains Why BNB Price Will Hit $1,110 as CZ Seeks Trump Pardon

CoinGape LogoCoinGape15h ago

Textbook Pattern Explains Why BNB Price Will Hit $1,110 as CZ Seeks Trump Pardon - CoinGape

Quick Summary:

This consolidation, however, could be a calm before the storm as the Binance Coin has formed a textbook chart pattern that will push it to $1,100 and beyond if Donald Trump grants Changpeng Zhao a pardon.

BNB price remained in a tight range today, May 8, even as Bitcoin neared the crucial $100,000 milestone.

The consolidation that has been forming since March last year is the handle of this pattern.


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Textbook Pattern Explains Why BNB Price Will Hit $1,110 as CZ Seeks Trump Pardon - CoinGape (Picture 1)Textbook Pattern Explains Why BNB Price Will Hit $1,110 as CZ Seeks Trump Pardon - CoinGape (Picture 2)

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Article Details

Author / Journalist: crispus

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-08 @ 14:38:09 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 524 words

Reading Time: 3 minutes read

Sentences: 47 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28495169

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Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 43 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

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Publisher ID: #59

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