BNB Price Plummets Below $500: Bears Eye $420 With 20% Decline

BNB Price Plummets Below $500: Bears Eye $420 With 20% Decline

BNB price started a major decline and dived below the $500 support. The price is now gaining bearish momentum and might even test $420. BNB price started a major decline below the $550 support zone. The price is now trading below $500 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $495 on the hourly chart of the BNB/USD pair (data source from Binance). The pair could extend losses and even test the $420 support in the near term. BNB Price Dives 20% In the past few days, BNB price saw a steady decline from the $580 resistance,....


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TA: Ethereum Bears Keeps Pushing, Why Decline Isn’t Over Yet

Ethereum extended decline below the $2,700 support against the US Dollar. ETH price is struggling and might even decline below the $2,500 support. Ethereum started a major decline below the $2,800 support level. The price is now trading below $2,700 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $2,700 on the hourly chart of ETH/USD (data feed via Kraken). The pair could recover, but the bears might remain active near $2,650 and $2,700. Ethereum Price Turns Red Ethereum failed to correct and recover above the $2,750 resistance zone.....

Ethereum (ETH) Price Trends: 3/30/2016

The upward trend continues to form. What point will be critical for that trend? Will the upward trend hold? As long as the trend’s structure stays intact, the upward movement will continue. If the Bears take the advantage, there will be a natural turn to decline. That is possible to happen at the level of $11.5. That resistance is most likely to serve as the starting point for a turn to decline, provided the price holds. But as long as the trend isn’t disrupted, it will continue going up. The next top target right now is the medium-term level of $12.4. The key point protecting the upward....