The price has touched the strong support at level 0.0025.
The price bounced back and there is a chance we will start the rally soon.
Here are technical analysis details:
• EMA9 on 1D chart crossed – let’s wait till the new daily bar opens above this line
• WBM BUY/SELL – the price is oversold – every time it happened on the daily chart the price went up – look at the chart. Its current level is one of the lowest ever.
• Weis Waves - Since the end of June supply is getting significantly lower.
All we need is more demand.
We all know BNB is not a scam.
It is highly used by the Binance exchange.
They develop their business and push very strong to keep their number one position.
BNB has a constant usage and the more users are there on Binance the more demand on BNB will be.
Let us know what you think of such price behavior.
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