$BNB has found support around 680 for two weeks in a row.
Last week’s low was 680.00; this week’s was 680.74—a difference of less than $1. The November 4 daily candle dipped to 680.74 before closing at 719.99, but the next four daily closes were all below 700, and the intraday range on each of the last two days was less than $10.
▪️ $BNB is around 698, down about 2.1% this week
▪️ Over the same period, $BTC is down about 3.1%, while BNB/BTC is up about 1.1% this week
▪️ The 50-day moving average is around 744 and the 200-day moving average around 658, with the price in between
Personally, I’m more focused on whether the weekly close is above or below 700: 680 has been tested twice without breaking, but the price hasn’t reclaimed 700 for several days either. One side will eventually give way first.
#BNB #周线收盘 #BinanceSquare
Last week’s low was 680.00; this week’s was 680.74—a difference of less than $1. The November 4 daily candle dipped to 680.74 before closing at 719.99, but the next four daily closes were all below 700, and the intraday range on each of the last two days was less than $10.
▪️ $BNB is around 698, down about 2.1% this week
▪️ Over the same period, $BTC is down about 3.1%, while BNB/BTC is up about 1.1% this week
▪️ The 50-day moving average is around 744 and the 200-day moving average around 658, with the price in between
Personally, I’m more focused on whether the weekly close is above or below 700: 680 has been tested twice without breaking, but the price hasn’t reclaimed 700 for several days either. One side will eventually give way first.
#BNB #周线收盘 #BinanceSquare