BNB/USDT the rally continues and CUB Finance is helping

BNB is one of the best performers of the last weeks and now another signal has formed. Binance has made a lasting impression in the crypto world with its smart chain and lowered fees drastically. To trade a token there, however, you must always have some BNB in your account, as all fees are paid with it. Until now, I assumed that this necessity was responsible for the price explosion in the BNB. But in an interesting report by @dalz I was shown the real reason. Even if CUB Finance is not solely responsible for the rally, one can already speak of an effect.

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CUB Finance Pool overview:

The statistics show it quite clearly, CUB/BNB is the most popular pool on cub finance and for this you need CUB and BNB. With a market capitalization of almost 18 million dollars and CUB/BNB as the leader, you can imagine how many millions of dollars have ended up in BNB.

The monthly chart shows the actual dynamics very well. Since the breakout of the PG on a monthly basis, there was only one direction. With almost 1000% return, this is probably one of the best cryptocurrencies when it comes to breakouts. But the party should probably not end yet, because on the weekly chart, another PG was formed and this is also already above the upper trigger of the PG. It seems like we will see much higher prices for a BNB. I have created the Fib expansion on the weekly chart and the next targets on the upper side came out.

CUB and BNB probably have a common goal and that is to rise. Maybe this weekend we will break the 20 million mark on CUB Finance but it looks very good.

Source: (Guidants/Godmode Trader) & JFD Broker & Binance

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I am not a financial advisor nor is any content in this article presented
as financial advice. Never invest more
than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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