CandleFocus BNB Fluctuates In A Narrow Range And Reaches $520
2024-09-11
Author: Content Editor
The price of Binance Coin (BNB) has been fluctuating below and above its moving average lines, but has recently fallen below them. The altcoin is currently trading below its moving average lines and has been rangebound due to the formation of doji candlesticks. The price is currently above the $480 support level but below the $520 resistance level. If the price breaks above the moving average lines, the trend could turn bullish. However, if BNB deviates from the moving average lines, it is expected to trade below them but above the support of $460. The current price of BNB is $512.50. Key resistance levels are $600, $650, and $700, while key support levels are $400, $350, and $300.
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