BNB breaks $910 resistance on wider crypto market rally momentum
CoinDesk
BNB climbed over $920, breaking $910 resistance, driven by broader crypto market gains ahead of a network upgrade.Summary
BNB experienced a 2% increase, surpassing $920, fueled by a general rally in the cryptocurrency market reflected by the CoinDesk 20 (CD20) index rising 5.3%. This price movement occurred ahead of the scheduled Jan. 14 Fermi hard fork upgrade, which aims to reduce block times from 750ms to 450ms, boosting BNB Chain's capacity to 20,000 transactions per second to better support high-speed decentralized applications.
Technically, BNB hit an intraday high of $921.47, with trading volume surging 66% above average as it pierced the $906-$910 resistance zone. Bulls are now targeting the next breakout level at $928, with potential momentum pushing toward $1,066.
(Source：CoinDesk)