Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Binance Coin breaks down beneath the range lows Repeated retests of the support zone saw buyers exhausted Binance Coin had a healthy start to November, but it all went haywire for the bulls. The […]
has been weak on the price charts in recent days as well. Therefore, there was a possibility that another leg downward can arise across the crypto market in the coming weeks. Binance Coin was likely to follow the trend of Bitcoin. The bullish order mentioned in aSource: BNB/USDT on TradingView
The Relative Strength Index sunk beneath the neutral 50 level when BNB retraced all its gains to drop from $360 to $280. However, even though the On-Balance Volume took a hit, it was near a zone of support which acted as resistance in October. Further dips on the OBV would be an added sign that sellers were here to stay.
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