July 12, 2021

Binance Coin Remains Steady Despite Increasing Regulatory Scrutiny on Binance

Binance Coin (BNB) emerged as one of the top gainers in the crypto industry on Monday after soaring by over 7% in the past 24 hours. However, the fourth-largest cryptocurrency has suffered a mild correction over the past few hours, sending BNB to $322, where it currently trades. Binance Coin’s bull...

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July 05, 2021

Binance Coin (BNB) Revisits $210 Support, Selling Pressure May Resume

Binance Coin (BNB) Long-Term Analysis: BearishSince June 22, Binance Coin (BNB) plunged to $224 as bulls bought the dips. The price corrected upward to $320 and resumed consolidation above the current support.BNB price has been fluctuating between $265 and $320. The market has been characterized by...

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June 28, 2021

Binance Coin (BNB) Consolidates above $210 Support, Risks Further Decline below $210

Binance Coin (BNB) Long-Term Analysis: BearishBinance Coin (BNB) has been consolidating above the $200 support since May 23. The bears have retested the current support twice as bulls buy the dips. The selling pressure will resume if the bears break the $210 support. A decline to $135 is likely. Ho...

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June 21, 2021

Binance Coin (BNB) Pushes on the Downside, Further Selling to $260 Low Is Likely

Binance Coin (BNB) Long-Term Analysis: BearishBinance Coin (BNB) has been in a downward move from the high of $704. After the breakdown above $336, BNB resumed a range bound between $330 and $380. The crypto was in a downward correction for two weeks before the resumption of the selling pressure. T...

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June 14, 2021

Binance Coin (BNB) Makes Positive Moves but Lacks Buyers at a Higher Price Levels

Binance Coin (BNB) Long-Term Analysis: BearishBinance Coin (BNB) has retested the $315 support severally before resuming upward. The crypto’s price has broken above the 21-day SMA but below the 50-day SMA. BNB will resume an upward move if price breaks above the SMAs. The current bullish move is fa...

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June 07, 2021

Binance Coin (BNB) Retraces to $372 Low, Risks Further Decline Below $380

Binance Coin (BNB) Long-Term Analysis: BearishOn May 24, Binance Coin recovered above the $250 support and rallied to the previous highs. The uptrend is facing resistance at the $420 high. The coin is likely to continue its rise as it breaks above the resistance line and the 21-day SMA. BNB price i...

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May 31, 2021

Binance Coin (BNB) Is in a Sideways Trend, Battles the Resistance at $380

Binance Coin (BNB) Long-Term Analysis: BearishFor the past week, Binance Coin has been in an upward move. In the last bearish move, the altcoin slumped to $211 and resumed an upward move. BNB rallied to $375 and resumed a sideways move. The bulls failed to break the recent high which resulted in a ...

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May 24, 2021

Binance Coin (BNB) Regains Bullish Momentum, Battles Resistance at $330

Binance Coin (BNB) Long-Term Analysis: BearishBinance Coin has fallen to $220 low and resumed upward move immediately. The altcoin has risen and it is approaching the high of $330. The upward movement will continue if buyers break the resistance at $330. A rally to $400 is expected. In previous pri...

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May 17, 2021

Binance Coin (BNB) Resumes Selling Pressure as the Altcoin Faces Rejection at $600 High

Binance Coin (BNB) Long-Term Analysis: BearishSince May 3, the bulls have been retesting the $700 resistance zone. Buyers were repelled after failing to break above the resistance level. BNB dropped sharply to $527 and later retested the $600 resistance. After the retest, Binance Coin declined to $...

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