Sun, November 24

Binance Coin Price Drops in a week, BNB Indicator Shows Strong Downtrend

Binance Coin (BNB) finds itself navigating turbulent waters as its price experiences an 8% decline over the past seven days. This downturn, occurring despite the recent hype surrounding Binance founder Changpeng Zhao’s release, has sparked concerns among investors and traders alike. Technical indicators paint a grim picture, suggesting that the

October 4, 2024 2 mins read

Binance Pool Introduces Merged Mining with Bellscoin

Binance Pool has officially launched merged mining for Bellscoin (BEL), allowing miners to earn rewards in LTC, Dogecoin (DOGE), and BEL while mining Litecoin (LTC). The service went live on September 29, 2024, providing users with new opportunities to diversify their mining earnings. Miners must have a verified Binance account

September 30, 2024 1 min read

BNB Rises 5% in 24 Hours: Can Binance Coin Hit $600?

Binance Coin (BNB) finds itself at a critical juncture as it approaches the coveted $600 price mark, a level unseen for several months. The cryptocurrency’s recent surge in demand has ignited optimism among holders, suggesting that this milestone could be within reach sooner than anticipated. However, a curious divergence has

September 19, 2024 2 mins read

BNB Repeatedly Fails to Flip $575-$619 Resistance Into Support: What’s Next?

Binance Coin (BNB) finds itself at a critical juncture as it grapples with a formidable resistance block between $575 and $619. This price range has consistently thwarted BNB’s attempts to establish a firm foothold above it, with only one successful breach to date. The persistent nature of this resistance zone

September 18, 2024 2 mins read

BNB Price Consolidates, But This Indicator Shows Bullish Divergence

Binance Coin (BNB) finds itself in a state of market indecision, with recent price action characterized by sideways movement as neither bulls nor bears muster sufficient momentum to dictate a clear directional trend. Despite this apparent stagnation, emerging technical indicators suggest the formation of a bullish divergence, prompting a segment

September 16, 2024 2 mins read

Binance Coin (BNB) Breaks Above 20-Day EMA Resistance: but Faces Weakening Buying Pressure

Binance Coin (BNB) finds itself at a critical juncture following a recent breakthrough above a significant resistance level formed by its 20-day exponential moving average (EMA). Despite this apparent bullish move, underlying indicators suggest that the cryptocurrency may struggle to maintain its upward momentum, potentially leading to a retracement of

September 12, 2024 2 mins read

Binance Coin (BNB) Breaks Above Descending Trend Line but Faces Potential Short-Lived Rally

Binance Coin (BNB) finds itself at a critical juncture following its recent breakout above a descending trend line that had constrained its price action since August 23. While this development initially sparked optimism among investors, mounting evidence suggests that the current rally may be short-lived, as buying momentum appears insufficient

September 9, 2024 2 mins read

Why is Binance Coin (BNB) Falling Below $500?

As the global crypto market faces a downturn with Bitcoin (BTC) slipping to the $55K zone, Binance’s native cryptocurrency, BNB, is not immune to the turmoil. According to CMC data, BNB has fallen over 7.64% in the past 24 hours, dipping from a high of $537 to a low of

September 4, 2024 2 mins read

Binance Coin Drops Over 7% in 7 days, BNB Trades Below Descending Trend Line

Binance Coin (BNB) has plummeted by more than 7% over the past week. Since August 23, the cryptocurrency has been consistently trading below a descending trend line, confirming an ongoing bearish phase. This technical setup paints a concerning picture for BNB’s short-term prospects, with the potential for further losses looming

September 2, 2024 2 mins read