BNB Gains 23% Plus Other Top-5 Cryptos This Week: LINK, HT, XRP, TRX

Though the bulls pushed the price above $2.8498 during the week, they have not been to sustain the breakout.

If the bulls can propel the price above $3, we expect the up move to reach $4 and above it $4.5826.

Conversely, if the bulls fail to scale above $3, the pair might remain range-bound for a few more weeks.

Traders can initiate a long position on a close above the channel and keep a stop loss of $14. The first target will be a move to $33 and above it, a retest of the lifetime highs is possible.

Traders can wait for the price to rise and close above the 20-week EMA before buying.

If the bulls push the price above the triangle, it will invalidate the bearish pattern, which is a bullish sign.

Aggressive traders can buy on a close above the 20-week EMA and keep a stop loss of $0.215.

Risk-averse traders should wait for the price to breakout and close above the triangle to buy.

If the bulls can push the price above $0.018660 with strength, the large range of $0.011240-$0.0409111 will come into play.

Traders can buy on a close above $0.01860 with a stop loss of $0.0110.