BNBUSDTPER Binance
Binance Coin price has been trading within a congested zone throughout September. The bulls have hurdled both the 8-day and 21-day simple moving averages, which is likely to entice sidelined traders to enter the market. However, the Relative Strength Index paints a different picture of what is going on.
Binance Coin currently auctions at $287. The Relative Strength Index shows the downtrend breached through the definitive line in the sand that would constitute a market bottom. The BNB price breached through an ascending parallel channel that the bulls are currently retesting.
Binance Coin currently auctions at $287. The Relative Strength Index shows the downtrend breached through the definitive line in the sand that would constitute a market bottom. The BNB price breached through an ascending parallel channel that the bulls are currently retesting.
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