#BNB/USDT DAILY UPDATE BY CRYPTOSANDERS!!Hello, welcome to this BNB/USDT 1DAY chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-Binance coin (BNB) rose to a five-month high to start the week, as cryptocurrency markets surged on Monday.
BNB/USD moved to a peak of $336.52 earlier today, which comes less than a day after trading at a low of $307.37.
Monday’s rise in price sees the token hit its highest point since May 9, when the coin was trading at $359.
Overall, BNB has now extended its recent bull run, with prices moving higher for a fourth consecutive day.
Despite recent hacks on a blockchain linked to Binance, its native token remains unscathed and has now risen by as much as $100 in the last ten days.
As a result of this, the 14-day relative strength index (RSI) has risen to overbought territory and is now tracking at its highest point since last April.
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