BNB cryptocurrency trades up $1.32, approximately 0.45% higher this morning

BNB trades at $291.84 after gaining $1.32 (0.45%).

Binance Coin broke through the $291.91 resistance, climbing 7 cents above it. BNB's lower Bollinger Band® is at $272.75, indicating that the market is oversold and fertile for new buyers.

Overall, looking at the technical analysis landscape, it seems Binance Coin might continue pointing upwards in the short term.

Binance Coin shows positive signs, other assets are also on par: FTX Token gained 9.54% and is currently trading at $1.36. TRON soars 5.3% to trade around $0.069. Having closed the previous session at $76.69, Litecoin is up 2.57% today to currently trade at around $78.66.

BNB has gained 15% since its lowest print of $196.72 earlier this year. Binance Coin has a market cap of 46 billion with an average daily volume of 410.34 million.