Binance Coin (BNB) price has risen to the high of $337 on August 10. This is the historical level from May 25. On May 25, buyers failed to keep the price above the $337 resistance as it fell to the low of 183. The bulls bought the dips as the altcoin resumed its upward movement.
Today, BNB bulls are retesting resistance at $337, but the upside move has stalled below the $340 resistance zone. If the bulls break the recent high, the market could rise to $360 or $380. However, the upside move is doubtful as the market has reached the overbought zone. If the altcoin breaks the overriding resistance, it will fall to the low of $290 or above the 21-day line SMA. In the meantime, BNB is trading at $329.78 at the time of writing.
Citirea indicatorului de monedă Binance
The cryptocurrency is at the 75 level of the Relative Strength Index for the 14 period. The cryptocurrency has reached the overbought region of the market. The uptrend is likely to weaken as sellers are emerging. BNB is also above the 80% area of the daily stochastic. The 21-day line SMA and the 50-day line SMA are up, indicating an uptrend.
Tehnice de indicatori:
Niveluri majore de rezistență - 600 USD, 650 USD, 700 USD
Niveluri majore de asistență - 400 USD, 350 USD, 300 USD
Care este următoarea direcție pentru BNB?
Binance Coin is in an uptrend while struggling below the $340 resistance zone. According to the price indicator, BNB will continue to rise to the high of $380. Meanwhile, a retracement candlestick tested the 38.2% Fibonacci retracement level. The retracement suggests that BNB will rise to the 2.618 Fibonacci Extension level or $363.69. However, BNB is still fluctuating below the $340 resistance zone.
Declinarea responsabilității. Această analiză și prognoză sunt opiniile personale ale autorului și nu sunt o recomandare pentru cumpărarea sau vânzarea de criptomonede și nu ar trebui privite ca o aprobare de către CoinIdol. Cititorii ar trebui să își facă propriile cercetări înainte de a investi fonduri.
Sursa: https://coinidol.com/binance-coin-340-resistance/