Satoshi

Captain

Shiba Inu

Coin

<p>Crypto expert Alan Santana has <a href="https://www.tradingview.com/chart/BNBUSD/3zS9PZdr-Final-Warning-Binance-Coin-Crash-Imminent/" target="_blank" rel="noopener noreferrer nofollow">issued </a>a warning to investors regarding the potential for a price correction in Binance Coin (BNB). If Santana’s analysis proves to be true, the slump will affect BNB, which hit a new all time high less than a month ago.</p>
<h2 class="wp-block-heading" id="technical-breakdown-support-level-lost">Technical Breakdown: Support Level Lost</h2>
<p>Santana’s analysis highlights a critical development in BNB’s price chart:</p>
<ul>
 <li>The previously established support level has been decisively broken.</li>
 <li>This breach of support suggests a potential shift in market sentiment and could herald a more substantial price decline.</li>
</ul>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="640" src="https://captainaltcoin.com/wp-content/uploads/2024/06/image-1044-1024x640.png" alt="" class="wp-image-516403" srcset="https://captainaltcoin.com/wp-content/uploads/2024/06/image-1044-1024x640.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1044-300x187.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1044-767x479.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1044-1536x960.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1044-2048x1280.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1044-240x150.png 240w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1044-100x62.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1044-560x350.png 560w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1044-788x492.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1044.png 1426w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>As of June 06, 2024, BNB’s performance metrics paint a concerning picture:</p>
<ul>
 <li>All-Time High: $717.48</li>
 <li>Current Price: Down 19.1% from ATH</li>
 <li>Days since ATH: 21</li>
</ul>
<p>This data indicates that BNB has experienced a major retracement from its recent peak, with the loss of key support potentially exacerbating the downward pressure.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="the-bigger-picture-market-cycles-and-capital-flow">The Bigger Picture: Market Cycles and Capital Flow</h2>
<p>Santana emphasizes the cyclical nature of cryptocurrency markets, suggesting that the current price action is part of a larger pattern.</p>
<p>He posits that capital may begin to flow from larger, established projects like BNB to smaller, potentially more speculative altcoins. This shift could create a “win-win-win-win situation” across the market as liquidity moves through different sectors.</p>
<p><strong><em>Read more:&nbsp;<a href="https://captainaltcoin.com/youtube-analyst-makes-urgent-shiba-inu-shib-price-prediction-meme-coin-crash-or-rally/" target="_blank" rel="noopener noreferrer nofollow">YouTube Analyst Makes Urgent Shiba Inu (SHIB) Price Prediction – Meme Coin Crash or Rally?</a></em></strong></p>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/binance-coin-bnb-faces-potential-downturn-as-key-support-level-breaches-analyst-warns-of-a-crash/" rel="noopener noreferrer nofollow">Binance Coin (BNB) Faces Potential Downturn as Key Support Level Breaches: Analyst Warns of a Crash</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Binance Coin (BNB) Faces Potential Downturn as Key Support Level Breaches: Analyst Warns of a Crash

목차

CaptainAltcoin

2024년 6월 27일에 게재된 다른 기사

XRP Price: Bigger Drops Ahead; Price To Soon Revisit 2020 Lows?

Oil King Pepe (OILPEPE) Surges 2,000% and Prepares to Rally Another 18,000% Ahead of KuCoin Listi...

4 Key On-Chain Indicators to Determine if the Bitcoin Price Has Bottomed

Can Shiba Inu Price Recover Amid Meme Coins Collapse?

Shiba Inu (SHIB) Price May Skyrocket in July If This Comes True

Crypto Debit Cards: The Future of Digital Payments

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!