In Brief Binance Coin (BNB): around $696.43. If the $690 moving average gives way, bears are aiming for $680. Bitcoin (BTC): near $76,650 and testing the 200-day moving average at 76,400–76,600. XRP:...
Summary
- It couldn't hold its recovery above the $750 resistance zone, and on the daily chart the price has reversed sharply to around $696.43.
- The trend had been a strong one: BNB climbed from its July lows near $545 to an October peak around $810.
- Since then every high has come in lower than the one before, and that usually means buyers are running out of steam.
- BNB/USDT Chart by TradingView The price has now slipped under several short-term moving averages, as well as the orange 100-day average at about $707.
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