BNB Price Faces More Downside—Can Bulls Step In?
8 Articles
8 Articles


BNB Price Faces More Downside—Can Bulls Step In?
BNB price is recovering from the $588 support zone. The price is now correcting gains and might struggle to stay above the $600 support. BNB price is attempting to recover above the $600 resistance zone. The price is now trading below $610 and the 100-hourly simple moving average. There is a short-term declining channel forming with resistance at $610 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above t…


BNB Coin Price Up Again, Signals Reversal
BNB coin price registered the second daily gain in as many days on Tuesday, signaling a potential reversal after its recent breakout to the downside. The Binance-linked coin was up by 1.9% and traded at $616 at press time. BNB’s price action in the last two weeks was mostly sideways to slightly bearish, with periods of moderate recovery and pullbacks. The price faced resistance in the $620-$630 zone for much of the last two weeks, with multiple …
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