Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: MRM on July 27, 2020, 07:22:43 PM

Title: Binance Coin Breaches $18 Resistance, Larger Uptrend Is Still Intact
Post by: MRM on July 27, 2020, 07:22:43 PM

Binance Coin has risen to a new high of $20 high. Price accelerated upward after breaching the previous resistance at $18.

Before now the market has been consolidating above $17.50 as bulls made an effort to push price above the $18 resistance. After five days of consolidation, BNB rebounded to break the $18 resistance.

The market reached a high of $19 but pulled back to $18.50 to resume the current uptrend. BNB has risen to the recent high at $20. The bulls and bears are still contesting the recent high as the coin reaches the overbought region.  A downward move may follow if the recent high is repelled.
Source: https://coinidol.com/binance-coin-breaches-resistance/

Title: Re: Binance Coin Breaches $18 Resistance, Larger Uptrend Is Still Intact
Post by: mohdelayo on August 03, 2020, 01:37:43 AM

BnB has always been on a steroid