According to the latest study, there is a strong likelihood that BNB (Binance Coin) will experience a downward trend, potentially reaching a new low within a short period of time. This prediction is based on the previous trends of BNB, taking into account technical aspects of the cryptocurrency.
As per the update, it is expected that BNB will drop below the $200 mark. The analysis of BNB's price history reveals that it started at a value of $8, and since then, there has been a significant increase in liquidity volume. However, when a considerable portion of this liquidity decreases, it can have an impact on the price movement of BNB.
This is not trading advice, manage always your trades and risks well.
As per the update, it is expected that BNB will drop below the $200 mark. The analysis of BNB's price history reveals that it started at a value of $8, and since then, there has been a significant increase in liquidity volume. However, when a considerable portion of this liquidity decreases, it can have an impact on the price movement of BNB.
This is not trading advice, manage always your trades and risks well.
Note
More data views show that there is a high chance BNB can get a new fall trend.
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.
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.