March 23, 2023

Binance Coin Declines as It Targets the Previous Low of $300

Binance Coin (BNB) Long-Term Analysis: BullishBinance Coin (BNB) loses value after being rejected at its $340 peak as it targets the previous low of $300. The altcoin reached a high of $360 in November 2022 before being rejected. BNB is currently trading for $321.30 as of this writing. Selling pres...

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March 17, 2023

Binance Coin Is Retreating as It Reaches the $335 Resistance Zone

Binance Coin (BNB) Long-Term Analysis: BearishBinance Coin (BNB) price has broken above the moving average lines as it reaches the $335 resistance zone. The altcoin is now getting close to the next barrier at $335. As long as BNB trades above the moving average lines, momentum will build. On the up...

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March 08, 2023

Binance Coin Declines as It Revisits the Previous Low at $281

Binance Coin (BNB) Long-Term Analysis: BearishBinance Coin (BNB) bearish trend has subsided as it revisits the previous low at $281. BNB resumes consolidation after holding above the current support level. With the appearance of Doji candlesticks, the bearish trend has subsided. On March 3, the cry...

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March 02, 2023

Binance Coin Returns to Its Range-bound Zone as It Floats Above $290

Binance Coin (BNB) Long-Term Analysis: Bearish The price of Binance Coin (BNB) has fallen below the moving average lines as it floats above $290. The price change is eerily similar to the prior pricing range, which was $290 to $320. Since the rally that began on February 3 ended, BNB has been compe...

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February 23, 2023

Binance Coin Is in a Range as It Faces Rejection at $320

Binance Coin (BNB) Long-Term Analysis: BullishThe price of Binance Coin (BNB) is declining in the area between the moving average lines as it faces rejection at $320. The crypto price tested the $340 resistance twice more before the decline. Since February 9, BNB/USD has been confined between the m...

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February 16, 2023

Binance Coin Makes a Positive Move as It Revisits the $361 High

Binance Coin (BNB) Long-Term Analysis: BullishBinance Coin (BNB) price has been dropping as it revisits the $361 high. Above the 50-day SMA, the cryptocurrency has regained bullish momentum. Currently, the price of BNB is situated between the moving average lines. As it approaches the 21-day line S...

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February 08, 2023

Binance Coin Ascent Continues as It Aims to Regain the $361 High

Binance Coin (BNB) Long-Term Analysis: BullishBinance Coin’s (BNB) advance has been sustained as it aims to regain the $361 high. Buyers are making an effort to retake the $361 prior high. The market is getting close to being overbought as the bullish momentum continues. A retraced candle bod...

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February 02, 2023

Binance Coin’s Uptrend Is under Threat as It Is Overbought at $330

Binance Coin (BNB) Long-Term Analysis: BullishBinance Coin (BNB) has continued to increase in value since crossing the $317 threshold as it is overbought at $330. If the upward momentum is maintained, the value of the cryptocurrency asset is likely to increase further. At the time of writing, BNB h...

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January 25, 2023

Binance Coin Stabilizes Above $300 Despite Continuing to Fall

Binance Coin (BNB) Long-Term Analysis: BullishBinance Coin (BNB) price is unchanged as it stabilizes above $300 despite continuing to fall. Before reversing course on January 24, buyers drove the coin to a high of $323. As bulls bought the dips, the cryptocurrency’s price retraced its low of ...

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