Coin

<ul class="news-points"> 
 <li>An increase in FUD could negatively impact BNB’s price soon, according to CryptoBusy.</li> 
 <li>However, over the past 24 hours, BNB’s price was able to climb by 0.47%, which left the token trading at $217.71.</li> 
 <li>From a technical standpoint, BNB was attempting to break above the key $220 resistance.</li> 
</ul> 
The price of <a href="https://coinedition.com/tag/Binance-Coin-BNB/" rel="noopener noreferrer nofollow">Binance Coin (BNB)</a> could soon face a decline, according to a Twitter post shared by the educational platform CryptoBusy yesterday. This hypothesis was based on the fact that it only took about 2 weeks for FTX to collapse when the fear, uncertainty, and doubt (FUD) started to spread against them. 
CryptoBusy believes <a href="https://coinedition.com/binance-flails-in-troubled-waters-will-it-drown-like-ftx/" rel="noopener noreferrer nofollow">this could soon be the case for BNB</a> as well, given its FUD has been experiencing drops and increases over the past 10 months. Although the CryptoBusy team believed the price of the utility token could go either way, they predicted that its increasing FUD could impact BNB negatively in the near future. 
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 <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> coin <a href="https://twitter.com/search?q=%24BNB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BNB</a> check <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"> It only took 2 weeks for the <a href="https://twitter.com/hashtag/FTX?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#FTX</a> to collapse when the FUD against them spread and several cases were confirmed. And here we are, <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> and its FUD has been running on and off for 10 months. Price action wise: These news an… 
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The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/bnbs-price-predicted-to-take-a-hit-because-of-increasing-fud/">BNB’s Price Predicted To Take a Hit Because of Increasing FUD</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

BNB’s Price Predicted To Take a Hit Because of Increasing FUD

Coin Edition

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