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BNB Might Retrace Decrease at 256.60, TAMA Goes Stay on OKX

by SB Crypto Guru News
September 26, 2022
in Bitcoin
Reading Time: 3 mins read
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The try of BNB/USD value motion to appropriate upward has been met with a setback.  At this level, it’s now doubtless that the worth will retrace decrease to 256.60, earlier than correcting upwards.

Binance Coin Evaluation Statistics Information:
BNB’s worth now: $276
BNB’s market cap: $44.95 billion
Binance’s shifting provide: 32.24 billion
The general provide of Binance: 161.34 billion
BNB’s Coinmarketcap rating: #5

In in the present day’s hypothesis, we will study the BNB/USD market, and we are going to prolong our scope to the BNB/BTC market. This might be performed with the hope of discovering appropriate entry factors and higher market navigation on this inter-related markets.

Essential Worth Marks:
Resistance Marks: $276, $300, $330
Help Marks: $250, $230, $200

BNB Bulls Might Unfastened Power, TAMA Goes Stay on OKX

Since value motion paused on its approach downwards round $265.60, shopping for exercise resumed within the BNB/USD market, and tried to push the worth to $282. Consequently, value motion has now been caught in between the 9 and 21-day Shifting averages. At this level, we are going to doubtless witness a minor downward retracement in the direction of the 265.60 Fibonacci degree. To substantiate this downward correction the Stochastic RSI shows a minor correction within the path of the sooner RSI line, whereas beneath the 50% degree. Merchants can anticipate this degree as a shopping for level, as the worth might rally from right here.

Tamadoge OKX

Binance Worth Hypothesis: BNB/BTC as Effectively Might Retrace Downwards

Going by the final candle on the BNB/BTC, it’s logical for us to anticipate a downward retracement. We are able to see a Doji because the final candle right here on this chart. Moreover, the RSI has reached the 99.91% degree, and at this level, we would witness some downward retracement.

Purchase Binance Coin Now

Your capital is in danger.

Moreover, merchants can anticipate Binance Coin value to vary sideways throughout the value vary of 0.014912 and 0.013564. Due to this fact, long-term merchants who had purchased this pair on the 61.80 Fibonacci degree might go shot.

In different altcoin information Tamadoge, a deflationary meme coin and ERC-20 token, could have its preliminary coin providing (IDO) on OKX. TAMA is about to checklist at $0.03 on Sept twenty seventh.”

Tamadoge – Play to Earn Meme Coin

Tamadoge logo
  • Earn TAMA in Battles With Doge Pets
  • Capped Provide of two Bn, Token Burn
  • Presale Raised $19 Million in Beneath Two Months
  • Upcoming ICO on OKX Alternate

Tamadoge logo


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Tags: Bitcoin NewsBNBCrypto NewsCrypto UpdatesLatest News on CryptoLiveOKXRetraceSB Crypto Guru NewsTAMA
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