Digital Coin News

Can BNB continue its bullish rally despite pullback?

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 68%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

BNB broke out of its long-term price range with a 12H candle close above $225. However, the altcoin had to contend with the bearish pullback.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.broke out of its long-term price range with a 12H candle close above $225. However, the bearish market structure dragged BNB’s price action back into the range with a 7% price dip, halting the bullish momentum.

The Relative Strength Index highlighted bullish strength, as it rose into the overbought zone. Although the RSI dipped, it remained above neutral 50. When the RSI is at the upper level , it strongly indicates sustained buying pressure.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lido’s wstETH lands on multiple chains – Here’s what it meansThrough LayerZero, Lido Finance’s wrapped staked Ethereum [wstETH] has been integrated into the BNB Chain, Scroll, an
Source: CryptoAmb - 🏆 22. / 68 Read more »