Binance Coin (BNB) has faced challenges as its price dropped from resistance levels multiple times in two months, forming a falling wedge pattern.Currently trading at $214.94, BNB has seen a 0.9% decrease in the last 24 hours and a small 0.6% gain in the past week. The <a href="https://cryptosheadlines.com/matic-usd-price-struggles-to-rebound-testing-support-levels-ahead/" rel="noopener noreferrer nofollow">price dipped below the critical $220 support level</a> on August 31, suggesting a possible bearish trend.However, BNB’s <a href="https://cryptosheadlines.com/pepe-coin-price-surges-amid-market-corrections/" rel="noopener noreferrer nofollow">price has remained relatively stagnant amid market</a> uncertainty, leaving traders unsure about its direction.The falling wedge pattern, which can indicate exhaustion in a bearish trend, might <a href="https://cryptosheadlines.com/polygon-matic-price-signals-potential-20-drop/" rel="noopener noreferrer nofollow">signal a potential</a> trend reversal. If the recent drop below $220 cannot be sustained, it may pave the way for buyers to challenge resistance levels. <a href="https://cryptosheadlines.com/binance-coin-price-will-it-drop-below-200-due-to-correction/" rel="noopener noreferrer nofollow">Read More...</a>

Binance Coin Price: Will It Drop Below $200 Due to Correction?

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