Binance Coin (BNB) price is in a downtrend and approaching its previous range. BNB climbed in an uptrend to a high of $397.
However, the uptrend was temporary as it started to fall between the range bound zone. BNB is currently trading at a low of $264. If the bears manage to break the lower price of $260, the altcoin will continue to fall to its low of $200 or $196. On the other hand, if the buyers hold the current support, BNB will move in a band between $260 and $300.
Citirea indicatorului de monedă Binance
BNB’s Relative Strength Index is at 38 for the 14 period, and the cryptocurrency fell as it approached the oversold area of the market. As the price bars are below the moving average lines, it is likely that the cryptocurrency will decline. Binance Coin is below the daily stochastic level of 20, indicating that the altcoin is currently trading in an oversold area. Bearish exhaustion has been reached in the downturn.
Tehnice de indicatori:
Niveluri majore de rezistență - 600 USD, 650 USD, 700 USD
Niveluri majore de asistență - 300 USD, 250 USD, 200 USD
Care este următoarea direcție pentru BNB?
Binance Coin is in the area of the downtrend. The altcoin is just above the $260 support. If the current support is broken and the negative momentum continues, the selling pressure will increase again. BNB price corrected upwards during the downtrend on November 9 and a candlestick tested the 61.8% Fibonacci retracement line. After the correction, BNB will fall to the 1.618 Fibonacci extension level, or $196.
Disclaimer. Această analiză și prognoză sunt opiniile personale ale autorului și nu reprezintă o recomandare de cumpărare sau vânzare de criptomonede și nu trebuie privite ca o aprobare de către CoinIdol. Cititorii ar trebui să facă cercetări înainte de a investi în fonduri.
Sursă: https://coinidol.com/binance-coin-260-support/