Oh dear, it appears the market has donned its most dismal shade of red today, as reported by our ever-so-reliable friends at CoinStats. How positively thrilling! 😒
BNB/USD
Our dear Binance Coin (BNB) has taken a rather unfortunate tumble, down by a charming 2.19% since yesterday. One must wonder if it tripped over its own ambitions! 🎢
On the hourly chart, BNB is making a valiant attempt to return to its local support of $643.51. How noble! But if our gallant buyers fail to seize the day, we might just see a rather dreary test of the $640 zone by tomorrow. How exciting! 🙄
Now, if we gaze into the daily time frame, one must keep an eye on the nearest level of $653.46. Should it break out and the bar close near its low, we could be in for a delightful descent to the $620 range soon. What a rollercoaster! 🎢
From a midterm perspective, BNB finds itself languishing within the confines of the previous weekly candle. With neither buyers nor sellers taking the lead, we are likely to witness a rather tedious sideways trading affair in the $600-$700 zone. How utterly riveting! 😴
As of this very moment, BNB is trading at a rather unremarkable $652.70. Cheers to that! 🥂
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2025-02-18 18:28