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Binance Coin Price: BNB Top Performer As It Returns to Important Level

From blokt.com

Data from Messari states that BNB increased 35.55% over the past seven days. The increase seen in BNBhas brought it to an important level. The level is the point where price action broke bearishly in mid-November. This is an important point for all top cryptocurrencies but BNBis the first top cryptocurrency to increase to this point. Price had been meeting resistance at Fibonacci retracement levels drawn from the November breakout point to the December low. After overcoming these, the price quickly rose to the point of the November breakout with a brief retracement occurring around $7.80 to $8.06 which was a point of ... (full story)

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  • Category: Fundamental Analysis