Binance Coin (BNB) Loses Key Support, Is $200 The Next Stop?
BNB price struggles as $270 support fail to hold, with many buyers wishing for $200 BNB. BNB price breaks below 50 and 200-day Exponential Moving Average; this invalidates the bullish price of BNB. The price of BNB could restest $200 if the price maintains a bearish structure. Many The price of Binance Coin (BNB) has struggled recently to reclaim its bullish strength against tether (USDT) but was unable to as the price hit a new fresh rock. The crypto market faced a new drawback as Bitcoin (BTC) price dropped from a region of $19,000 to $18,100 as the Consumer Price Index (CPI)....
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Binance Coin (BNB) has shown significant strength in recent weeks against Tether as it has maintained its bullish sentiment. Despite the market retracement, Binance Coin (BNB) has shown great strength but has lost its key support at $300.(Data from Binance) Related Reading: Axie Infinity Unveils Season 0 With High Expectations – Will It Pull AXS Up? Binance Coin (BNB) Price Analysis On The Weekly Chart According to the chart, the price of BNB saw its weekly low at $220; the price of BNB quickly rebounded from that region to a weekly low of $330 as the price is unable to show much strength....
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Bitcoin price is back below $55,000, unable to keep its bullish momentum it had leading into the Coinbase Global listing. Since then, things have turned down. The fall back below $60,000 has with it also taken the coin below a critical life-saving support level that’s been untouched since late 2020. Bitcoin Loses Life-Saving Support Level, […]
PayPal’s latest decision to launch a cryptocurrency checkout service included support for four digital assets: bitcoin, ether, bitcoin cash, and litecoin. Still, Binance exchange’s native cryptocurrency, Binance Coin, benefited the most from the global payment giant’s pro-crypto declaration. Binance Coin, or BNB, surged more than 8 percent on Tuesday, hitting $304.39, the highest level almost […]
BNB’s price loses its $340 support as the price trades to a region of $290 before bouncing off this region. BNB’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors. BNB’s price remains weak across all timeframes as the price trades slightly above the 50 Exponential Moving Average (EMA). Previous weeks saw the price of Binance Coin (BNB) outperform Bitcoin (BTC). Most altcoins trend higher as many produced gains of over 200%, including Binance Coin (BNB) rallying from a region of $300 to a....