Binance Coin (BNB) price is in a downtrend as it has fallen to a low of $207 but has recovered above the $240 support. The cryptocurrency has reached bearish exhaustion as the altcoin has fallen to the low of $207.
Prețul Binance Coin (BNB) Prognoza pe termen lung: Bearish
On April 29, the bears broke through the historical price of $320. The $320 support has held since February 24. The bears broke through the $320 price level and retested it before crashing to a low of $207.
Today BNB/USD is trading at $249 after the recent pullback. The bearish candlestick is showing a long candlestick today. The long candlestick tail indicates that there is strong buying pressure at the current support. Selling pressure has eased as the BNB price holds above the $250 price level.
Binance Coin (BNB) Indicator Display
The altcoin is at level 24 of the Relative Strength Index for period 14, indicating that the market has reached the oversold region. Buyers are emerging in the oversold region while prices are moving up. Binance Coin is below the 40% area of the daily stochastic. This indicates that the market was previously in a bearish momentum.
Indicatori tehnici:
Niveluri cheie de rezistență – 700 USD și 750 USD.
Niveluri cheie de asistență - 400 USD și 350 USD
Care este următoarea direcție pentru BNB / USD?
BNB/USD has reached bearish exhaustion as it moves above the $250 price level.
On the weekly chart, a candlestick has tested the 78.6% Fibonacci retracement level. The retracement suggests that BNB will fall to the 1.272 Fibonacci extension level or $251.40. The price action shows that the altcoin fell below the level of the 1.272 Fibonacci extension, but recovered.
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.
Source: https://coinidol.com/bnb-above-250/