The price of Binance Coin has risen by 5%, reaching $1,223.90, accompanied by robust trading volume. This surge is notable as significant resistance levels have been breached. Additionally, the Relative Strength Index (RSI) has entered into overbought territory, which may suggest that a period of consolidation is on the horizon. The current technical breakout reflects a continued bullish momentum for Binance Coin, making this development significant for traders and investors alike.
