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The last few months have been a challenging time for the crypto market as most cryptocurrencies stood in the red. However, Binance Coin’s [BNB] chart went green recently as it registered promising gains in the past few days. Recent bullish trends can be considered as a factor along with several other developments that happened in […]

’s on-chain side suggested that most of the metrics’ readings were in favor of the recent uptick.

Furthermore, BNB’s daily on-chain transactions in profit also skyrocketed on 28 September, which can be considered sort of good news for investors.Not only this, but BNB’s NFT total NFT trade volume in USD surged sharply as of 28 September.Interestingly, BNB’s daily chart painted an ambiguous picture as a few market indicators revealed the possibility of a further uptrend, while others hinted at a southward journey ahead.

BNB’s Relative Strength Index was resting just above the 50-mark. With a slight bullish edge, selling pressure looked imminent.

 

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