Testing $220 with the start of the SEC-Binance tension, BNB has reached its lowest value since December 2022. What’s going on with BNB, which has started to attack again with the Launchpad announcement?
BNB, which collapsed after the SEC announced that it had filed a lawsuit against Binance, dropped 30.26 percent from $317 to $220. BNB, which came at this price for the first time since December of 2022, created an atmosphere of panic among crypto investors. However, it was not late to intervene in this incident from the CZ and Binance front.
Intervention for BNB After Bottom Price Test: Where Is The Price Heading?
Binance and CZ have announced their new Launchpad, MAV. Binance users need to stake BNB to earn MAV. This, in turn, reduces the selling pressure on the token, as BNB does not lose buyers and holds on to the market. At the same time, BNB, which is the most rising coin of the day, continues to create a question mark in the minds, although it gains value.
The staking process of BNB, which has gained 5.24 percent in the last 24 hours and reached $ 247, continues. Tokens in staking processes are generally known for their upward pricing. But the fact that Binance has just been sued by the SEC makes price movements in BNB risky.
Breaking the $240 resistance area, BNB is trading towards $260. With regulatory sanctions and negative news easing, targets of $257 – 281 – 301 and $338 in BNB could be pursued. In the event that the uncertainty in the markets continues and the SEC tension escalates, the levels of 240 and 220 dollars can be viewed as support for BNB.
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