BNB Tests $700 Recovery Path After Finding Support Following Market Crash

BNB Tests $700 Recovery Path After Finding Support Following Market Crash

BNB recovers on Friday to $650 after Thursday’s crash Technical analysis shows bullish EMA alignment with potential to retest $700 resistance Derivatives data reveals bearish sentiment with $2.18 million in liquidations. Binance Coin has mounted a modest recovery following Thursday’s brutal market selloff, climbing to reach $650. The bounce has been anchored by support at the 100-day exponential moving average around $633, providing a technical …

Binance Coin Shows Signs of Recovery: Can It Push to $700?

Binance Coin (BNB) shows a brief recovery after a massive market crash, trading above the 100-day EMA at $644. Will this momentum push BNB towards $700 or result in a deeper correction? Recovering after the massive crash in the crypto market, Binance Coin is up nearly 2% on Friday, trading at a market price of $643. The entire recovery is based on the 100-day EMA, and Binance coin is yet to recover the 4.42% drop from Thursday. Will this short-t…