The price of Binance Coin (BNB) has been in a sideways movement since the price collapse on August 19. The cryptocurrency is trading between the price levels of $260 and $300.
On the upside, if BNB price recovers and breaks above the moving average lines, it will get stuck at the $300 resistance level. Since August 19, Binance Coin has failed to trade above the $300 resistance level.
Binance Coin (BNB) Price Long Term Forecast: Ranging
However, if the bulls break the current resistance level, the market will rise and retarget the overhead resistance at $322. On the downside, buyers have consistently defended current support at $260, the historical price level from July 19. If the current support is breached, BNB will fall back to the low of $245. In the meantime, BNB/USD is trading at $280 as of press time.
ການອ່ານຕົວຊີ້ວັດຂອງ Binance Coin (BNB)
BNB is at level 51 of the Relative Strength Index for period 14. It indicates that there is a balance between supply and demand. The price bars are located between the moving average lines, which indicates a possible movement of the cryptocurrency in a certain range. The altcoin is above the 70% range of the daily stochastic. The market is in a bullish momentum. The 21-day line SMA and the 50-day line SMA are inclined horizontally, indicating a sideways movement.
ຕົວຊີ້ວັດດ້ານວິຊາການ:
ລະດັບການຕໍ່ຕ້ານທີ່ສໍາຄັນ – $600, $650, $700
ລະດັບສະຫນັບສະຫນູນທີ່ສໍາຄັນ - $ 300, $ 250, $ 200
ທິດທາງຕໍ່ໄປ ສຳ ລັບ BNB / USD ແມ່ນຫຍັງ?
Binance Coin is in a sideways movement but risks a possible decline if the current support is broken. Meanwhile, the downtrend from August 19 has shown a candlestick testing the 61.8% Fibonacci retracement level. The retracement suggests that BNB will fall to the 1.618 Fibonacci extension level or $245.18.
ປະຕິເສດຄວາມຮັບຜິດຊອບ. ການວິເຄາະແລະການຄາດຄະເນນີ້ແມ່ນຄວາມຄິດເຫັນສ່ວນບຸກຄົນຂອງຜູ້ຂຽນແລະບໍ່ແມ່ນຄໍາແນະນໍາທີ່ຈະຊື້ຫຼືຂາຍ cryptocurrency ແລະບໍ່ຄວນຈະຖືກເບິ່ງເປັນການຮັບຮອງໂດຍ CoinIdol. ຜູ້ອ່ານຄວນເຮັດການຄົ້ນຄວ້າຂອງເຂົາເຈົ້າກ່ອນທີ່ຈະລົງທຶນໃນກອງທຶນ.
Source: https://coinidol.com/binance-coin-trades-tight/