Cyber

Reversal

Coin

<ul class="news-points"> 
 <li>Binance’s CYBER futures listing sparks a bullish surge, but resistance looms at $4.72.</li> 
 <li>Decreasing buying pressure threatens CYBER’s bullish momentum despite the initial wave.</li> 
 <li>Technical indicators hint at a possible bearish trend reversal for CYBER’s recent rally.</li> 
</ul> 
<a href="https://coinedition.com/tag/binance-news/" rel="noopener noreferrer nofollow">Binance</a>‘s recent announcement of listing CyberConnect (CYBER) futures trading, available at 20x leverage, has fueled a bullish surge in the cryptocurrency. As a result, the price of CYBER rocketed from an intra-day low of $4.14 to a 24-hour high of $4.72&nbsp; before facing resistance. 
CYBER token at press time was priced at $4.44, reflecting a 2.07% decrease from its intra-day high. The move to introduce CYBER futures trading on Binance has reignited investor optimism, resulting in a surge in buying pressure. 
As the bull rally took shape, CYBER’s market capitalization and 24-hour trading volume surged by 6.56% and 44.09%, respectively, reaching $48,911,701 and $55,057,838.&nbsp; Should the bullish momentum breach the $4.72 resistance, we could see a move toward the next resistance level, around $5.00. On the other hand, a failure to break through this resistance may lead to a potential pullback to the supp… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/binance-listing-spurs-bullish-cyber-surge-is-a-reversal-imminent/">Binance Listing Spurs Bullish CYBER Surge, Is a Reversal Imminent?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Binance Listing Spurs Bullish CYBER Surge, Is a Reversal Imminent?

Coin Edition

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