$BNB just printed its lowest level since August 20.
Today's Binance low was $622 and price sits near $632 now, down about 3% on the day and roughly 22% under the $810 high from Oct 5. Fear & Greed reads 20.
One thing worth noticing: BNB/BTC is up about 3% over 30 days, so BNB is falling slower than $BTC (near $68,700 now). That's relative strength, not a bottom.
My map through Mon Nov 16:
- Hold $622 and get a daily close back above $650 and I'd look for $675 to $680 as the bounce zone
- A daily close under $622 opens the August base, the $600 to $605 area, as the next stop
- Bearish while under $650, and I'm wrong if a daily candle closes above $680 at any point
#BNB #CryptoMarket #PricePrediction
NFA
Today's Binance low was $622 and price sits near $632 now, down about 3% on the day and roughly 22% under the $810 high from Oct 5. Fear & Greed reads 20.
One thing worth noticing: BNB/BTC is up about 3% over 30 days, so BNB is falling slower than $BTC (near $68,700 now). That's relative strength, not a bottom.
My map through Mon Nov 16:
- Hold $622 and get a daily close back above $650 and I'd look for $675 to $680 as the bounce zone
- A daily close under $622 opens the August base, the $600 to $605 area, as the next stop
- Bearish while under $650, and I'm wrong if a daily candle closes above $680 at any point
#BNB #CryptoMarket #PricePrediction
NFA
