BNB Chain Requires Software Update Before Hard Fork
- Node Update Requirement: BNB Chain mandates that node operators complete a software update to BSC v1.7.2 and remove outdated settings before the April 28 Osaka/Mendel hard fork, ensuring nodes operate normally and do not lose sync during the upgrade.
- Upgrade Timing: The hard fork is scheduled for April 28 at 2:30 a.m. UTC, emphasizing the importance of infrastructure readiness to ensure all nodes remain aligned with the chain post-upgrade, thereby enhancing overall network performance.
- Protocol-Level Improvements: The Mendel upgrade introduces BEP-652, establishing a protocol-level gas cap of 16,777,216 for each transaction, which means all nodes will reject transactions exceeding this limit, thus improving transaction reliability and replacing the previous soft cap model.
- Successful Testnet Activation: BNB Chain successfully activated the Osaka/Mendel hard fork on the testnet on March 24, significantly improving block construction, transaction handling, and network stability during the testing phase, laying a solid foundation for the mainnet launch.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for BNB
Technical Sentiment Analysis for BNB (BNB). As of , BNB (BNB) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 1 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BNB stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, BNB is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
BNB (BNB) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 551.822 | 570.461 | 590.362 | 609.001 | 628.902 | 647.541 | 667.442 |
| Fibonacci | 570.461 | 585.183 | 594.279 | 609.001 | 623.723 | 632.819 | 647.541 |
About BNB
About the author
