Source: CryptoNewsNet
Original Title: BNB breaks $910 resistance on wider crypto market rally momentum
Original Link:
BNB broke through a closely-watched resistance zone over the past 24-hour period, climbing 2% to top $920 amid a wider cryptocurrency market rise that saw the broader crypto index move up 5.3%.
The rally comes ahead of a scheduled hard fork on Jan. 14. The upgrade will reduce block times from 750 milliseconds to 450 milliseconds and improve how the network processes transactions.
Its goal is to boost the chain’s capacity to 20,000 transactions per second, making it a stronger contender for developers working on high-speed decentralized applications in areas like finance and artificial intelligence.
On the technical side, BNB reached an intraday high of $921.47 before stabilizing. Trading volume rose, signaling renewed interest as price pierced past the $906-$910 resistance range. BNB now sits just under the next breakout target at $928, with bulls aiming for a move toward $1,066 if momentum holds.
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BNB breaks $910 resistance on wider crypto market rally momentum
Source: CryptoNewsNet Original Title: BNB breaks $910 resistance on wider crypto market rally momentum Original Link: BNB broke through a closely-watched resistance zone over the past 24-hour period, climbing 2% to top $920 amid a wider cryptocurrency market rise that saw the broader crypto index move up 5.3%.
The rally comes ahead of a scheduled hard fork on Jan. 14. The upgrade will reduce block times from 750 milliseconds to 450 milliseconds and improve how the network processes transactions.
Its goal is to boost the chain’s capacity to 20,000 transactions per second, making it a stronger contender for developers working on high-speed decentralized applications in areas like finance and artificial intelligence.
On the technical side, BNB reached an intraday high of $921.47 before stabilizing. Trading volume rose, signaling renewed interest as price pierced past the $906-$910 resistance range. BNB now sits just under the next breakout target at $928, with bulls aiming for a move toward $1,066 if momentum holds.