February 09, 2022

Binance Coin Retraces to Breakout Level at $400 amidst Bullish Expectation

Binance Coin (BNB) Long-Term Analysis: Bullish Binance Coin’s (BNB) price has broken the resistance at $400 and the 21-day line moving average amidst bullish expectation. The bulls failed to break the 50-day line moving average. The implication is that BNB prices will be fluctuating between t...

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February 01, 2022

Binance Coin Consolidates above $350 Support as Bulls and Bears Remain Undecided

Binance Coin (BNB) Long-Term Analysis: RangingFollowing the January 22 price slump, Binance Coin’s (BNB) price has reached bearish exhaustion as bulls and bears remain undecided. The altcoin fell to the low of $336 as bulls bought the dips. Since then the market has resumed a sideways move ab...

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January 25, 2022

Binance Coin Reaches Bearish Exhaustion as the Altcoin Consolidates above $336 Support

Binance Coin (BNB) Long-Term Analysis: BearishBinance Coin’s (BNB) price has fallen to the oversold region as the altcoin consolidates above $336 Support . As the cryptocurrency reaches the oversold region, the selling pressure is likely to subside. Since January 22, BNB/USD has been fluctuat...

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January 18, 2022

Binance Coin Faces Rejection at $500 but Finds Support above $400

Binance Coin (BNB) Long-Term Analysis: BearishToday, Binance Coin’s (BNB) price is falling as the altcoin finds support above $400. On January 10, the bears pushed the altcoin to the low of $407 as bulls bought the dips. The cryptos price corrected upward but was resisted at the recent high. ...

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January 11, 2022

Binance Coin Reaches Bearish Exhaustion, Holds Above $420 Support

Binance Coin (BNB) Long-Term Analysis: BearishBinance Coin’s (BNB) price is in a downward correction as it holds above $420 support. During December 4 price slump, BNB price corrected upward and commenced a range-bound move between $520 and $600. The range-bound move lasted for a month before...

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December 28, 2021

Binance Coin Is Stuck Below $580 High, Resumes Sideways Move

Binance Coin (BNB) Long-Term Analysis: BearishBinance Coin’s (BNB) price is still in a downward correction as it resumes sideways move. BNB price is above the 21-day SMA but below the 50-day SMA. BNB will resume an upward move if price breaks above the 50-day moving average. In the same vein,...

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December 21, 2021

Binance Coin Is in a Sideways Move, Bearish Trend May Resume

Binance Coin (BNB) Long-Term Analysis: BearishBinance Coin’s (BNB) price is in a downward correction but bearish trend may resume. Sellers have pushed the cryptocurrency to the low of $504. The crypto bounces above the current support to resume upward. The upward corrections are facing resist...

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December 14, 2021

Binance Coin Consolidates Above $500 Support, May Resume Upward

Binance Coin (BNB) Long-Term Analysis: BearishBinance Coin’s (BNB) price is in a downward move as price breaks below the moving averages. As price breaks below the moving averages, there is a tendency for a further downward movement of the altcoin. On December 4 price breakdown, BNB plunged t...

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December 13, 2021

Binance to Cease Operations in Singapore Next February

Behemoth cryptocurrency exchange Binance has announced that it is ready to halt operations in Singapore. The exchange’s Singaporean arm, Binance Asia Services Ltd., broke the news some hours ago, noting that it had withdrawn its license application for operating a crypto exchange. Binance.sg told B...

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