Binance Coin (BNB) resumed its bullish trajectory on Friday after suffering a sharp correction from its ten-week-high of $452.4 yesterday. The bearish correction saw the fourth-largest cryptocurrency print a five-day-low of 413.4 before regaining decent bullish traction in the Asian session today. The bullish reversal coincided with the 4-hour stochastic technical tool, indicating that the cryptocurrency has eased off the overheated tensions from the previous parabolic run and can continue its accent with ease.

That said, BNB is set to retake the $452 top in the coming hours as the broader crypto market records an aggressively bullish mood. With the recent Recording Academy partnership, BNB could record a significant increase at the event’s commencement on Sunday.

Meanwhile, my resistance levels are $450, $460, and $470, and my support levels are $436, $420, and $410.

Total Market Capitalization: $2.14 trillion

Binance Coin Market Capitalization: $73 billion

Binance Coin Dominance: 3.4 %

Market Rank: #4