Binance Coin BNB Price April 5, 2023
BNBUSDTOn April 3, the bulls stepped in and bought aggressively when BNB fell below the crucial support at $306, which is evident from the long tail on the candlestick.
The bulls are now attempting to reinforce their position by pushing the price above the resistance at $318. If they succeed, it may indicate that the corrective phase has come to an end, and BNB/USDT could potentially rise to $330 and then $338, which is a strong resistance level.
However, if the price fails to surpass the hurdle at $318, it may suggest that the bears are taking advantage of any minor rallies to sell. This could pull the pair towards the 200-day SMA at $291, which is expected to provide robust support.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.