Binance coin price analysis: BNB/USD set to surge beyond $490 before midnight?

TL;DR Breakdown The RSI is slightly above the 60, and it seems to be going towards the overbought region. Most of the altcoins are trading in the same negative trend.The MACD line has crossed over the red line signaling a bullish trend. Binance coin price analysis: General price overview Towards the closure of yesterday’s Binance price analysis chart, BNB/USD traded in a negative trend. However, when the daily price chart picked off, buyers were in control of the market, making BNB/USD trade in a bullish trend to an intraday high of $481.4. The bullish momentum did not last long before buyers came in more robust and set the price to fall in a falling wedge to intraday lows of $472.2, where the bearish trend faced strong resistance from the bulls setting the price to a surging trend. Source Coin360 The general view of the cryptocurrency heat map is bearish as most of the bars are red. The largest digital currency BTC has experienced a loss of -1.6, and it is currently trading in a few thousand dollars below $49K.(ETH), is also trading in a bearish trend, ETH/USD has recorded a drop of more than 1 percent setting its price to trade at$3.2K. Most of the altcoins are trading in the same negative trend. The meme coin is trading at $0.27, a drop of more than 2 percent from yesterday’s price. Despite Terra having a good weekend today, it has recorded a drop of more than 2 percent. According to the heat map, the Binance coin als...