Binance Coin (BNB) price is moving positively after rising above the 21-day moving average line.
The current upward movement will accelerate when the BNB price crosses the 50-day moving average line. The cryptocurrency will rise and retest the resistance at $440. Today, BNB has reached a high of $386.10 at the time of writing.
The bottom line is that the bullish scenario will be nullified if the bulls fail to break above the 50-day moving average. The cryptocurrency will be forced to trade between the moving averages for a few days. In other words, the bears will try to push the price below the strong support at $350. It is worth remembering that the cryptocurrency has been moving between the prices of $350 and $440.
„Binance“ monetų rodmenų skaitymas
The price of BNB is at the level 50 of the Relative Strength Index for the period 14, which indicates that there is a balance between supply and demand. The price of the cryptocurrency is between the moving averages, which indicate a possible price fluctuation. The 50-day line and the 21-day line of the moving averages are inclined horizontally, indicating a sideways trend. Binance Coin is above the 80% area of the daily stochastic. The market is in a bullish momentum. In addition, the BNB price has reached an overbought area of the market.
Techniniai rodikliai:
Pagrindiniai pasipriešinimo lygiai - 700 750 USD ir XNUMX XNUMX USD
Pagrindiniai palaikymo lygiai - 400 350 USD ir XNUMX XNUMX USD
Kokia kita BNB kryptis?
Binance Coin is in the bullish trend zone as the altcoin breaks above the moving averages. It is approaching resistance at $400. Meanwhile, the March 16 uptrend has a candle body testing the 78.6% Fibonacci retracement level. The retracement suggests that BNB will rise but reverses at the Fibonacci extension of 1.272 or $391.
Atsakomybės apribojimas. Ši analizė ir prognozė yra asmeninės autoriaus nuomonės ir nėra rekomendacija pirkti ar parduoti kriptovaliutą ir neturėtų būti vertinama kaip „CoinIdol“ pritarimas. Prieš investuodami lėšas, skaitytojai turėtų patys atlikti tyrimus.
Source: https://coinidol.com/bnb-380-high/