BNB has just recovered from $ 21.3 to $ 23.5 due to the impact of the news, Binance acquired Jex and distributed Jex tokens to BNB holders.
But, It is still in the overall downtrend, the recent recovery has not changed this situation.
The three main levels of resistance for BNB are $ 26.9 and $ 29. If bulls push the price above the resistance $29, a breakout and rally to the yearly high of $40 will be in the cards.
Conversely, if bears sink the BNB below $20.8, it can drop to the next support at $18.6 and $16.1.
Dominance is on a rising trend, the main trend of the market is the downtrend. Please do not buy any altcoins during this time.
But, It is still in the overall downtrend, the recent recovery has not changed this situation.
The three main levels of resistance for BNB are $ 26.9 and $ 29. If bulls push the price above the resistance $29, a breakout and rally to the yearly high of $40 will be in the cards.
Conversely, if bears sink the BNB below $20.8, it can drop to the next support at $18.6 and $16.1.
Dominance is on a rising trend, the main trend of the market is the downtrend. Please do not buy any altcoins during this time.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.