Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.The altcoin could fall to $254.3 or $251.6.faced a strong FUD in mid-December that sent the price down from around $270 to a new low of $220. However, the bulls found solid support at $231.2 and were able to mount a successful recovery.sideways structure forced the altcoin market, including BNB, into a trading range.
At press time, BTC’s upward momentum had waned, and BNB was trading at $257.1. The price was flashing red, indicating that a correction may be imminent.The 12-hour chart flickered red at press time, and technical indicators pointed to a possible trend reversal.
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