Coin Gabbar Token

Binance Coin is attempting to retest and push its limits in order to reach the $300 level and gain a place to trade.Bitcoin has been under significant selling pressure, resulting in a fall below $19.5k and a retest of the $20.4k liquidity zone. Furthermore, BTC has been unable to break its hold on the $20.8k zone seen a few weeks ago. around two weeks agoAccording to price analysis, the BNB outlook is bearish, as it remained at the $273 level for the whole of last week.At the time of posting, the BNB price was trading flat at $278. BNB formed a descending triangle pattern in the middle of August while making some lower high swirls from the $315 zone.Similarly, the<a href="https://www.coingabbar.com/en/crypto-currency/binancecoin-bnb-prices-usd" rel="noopener noreferrer nofollow"> BNB price</a> has created a base, with a target of $270 to $275. A drop below $270 followed by a retest of the major resistance level would almost definitely cause BNB to plunge towards $240.In July, the $270 level maintained the support and resistance zone. The same zone has also served as a barrier against bearish tremors.The Awesome Oscillator and RSI for BNB, as seen on the 4-hour chart, remain bearish. The momentum indicator was also unable to stay above the 50 level, far less reach the 60 zone, indicating a bullish enthusiasm.OBV has also fallen, indicating increased selling pressure. Furthermore, a bullish crossing was observed on the Stochastic RSI, indicating that a little bounce may occur to test the resistance level.Its bounce, though, may be modest, with the $287 to $295 range acting as key resistance. Over the next few days, BNB might range between $300 and $316, or $270 and $250 level.KEY LEVELS :RESISTANCE LEVEL : $284-$290SUPPORT LEVEL : $273-$265Get more crypto related updates on :-<a href="https://www.coingabbar.com/en/crypto-news-english" rel="noopener noreferrer nofollow"> https://www.coingabbar.com/en/crypto-news-english</a>

Cryptocurrency price update: BINANCE PRICE ANALYSIS : Ahead of Non Farm Payroll data, binance is trading in consolidation zone

Coingabbar

Other articles published on Sep 2, 2022

Cryptocurrency price update: ETHEREUM PRICE ANALYSIS : ETH is nervous due to ahead of Non Farm Pa...

The radio station in Decentraland

Our first NFT is form of ScarpaCoin Logo

Terra Classic (LUNC) Rate Have Increased by Over 54 percent; Find Out Why

LAB v2 price now display on Binance

Crypto News Not to Miss Out

Join our free newsletter for daily crypto updates!