Coin Gabbar Token

As cryptocurrencies dropped, the price of <a href="https://www.coingabbar.com/en/crypto-currency/binancecoin-bnb-prices-usd" rel="noopener noreferrer nofollow">BNB</a> fell to its lowest point since August 4. A 10.20% decrease from the highest level this month, or $301.40, was reached by the token.Nevertheless, the price increased by more than 67% from the low point of this year, resulting in a market capitalization of more than $54 billion.Originally known as Binance Smart Chain, BNB Chain is a <a href="https://www.coingabbar.com/en/crypto-blogs-english/crypto-and-blockchain-technology-is-booming-in-many-big-tech-industry-everyone-now-sees-its-value" rel="noopener noreferrer nofollow">blockchain</a> platform that enables programmers to create decentralised apps (dApps).As investors lock in profits, the price of BNB has fallen significantly over the previous several days. ETH, BNB, and XRP, among other cryptocurrencies, have all decreased in value.The total value locked (TVL) has dropped from a record level of over $21 billion to around $5.6 billion at the same time. Additionally, during the past few days, the volume of all non-fungible tokens (NFT) in BNB has declined substantially. In the last 24 hours, the total amount of <a href="https://www.coingabbar.com/en/crypto-blogs-english/how-to-create-nft" rel="noopener noreferrer nofollow">NFTs</a> in the network has decreased by 54% to $229k.The BNB price has been in a significant bullish trend for the past days, based on the four-hour chart. It is at $308 down from this week’s peak of $336. The Relative Strength Index (RSI) has been increasing while the coin has fallen below the 25-day and 50-day moving averages.Therefore, it is possible that the coin will keep falling as sellers aim for $280 at the bottom of the rising channel. The negative view will be challenged by a rise over $350, which acts as a resistance level.KEY LEVELS :RESISTANCE LEVEL : $315-$325SUPPORT LEVEL : $300-$290

Cryptocurrency price update: BINANCE PRICE ANALYSIS : BNB Prices again show signs of reversal; should buy this dip?

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