CandleFocus BNB Price Slips as Peers Climb: Can It Regain Ground?
2024-10-31
Author: Content Editor
The price of BNB (Binance Coin) recently experienced a correction after reaching the $612 level. Unlike Bitcoin and Ethereum, BNB dipped below the $600 support level. It also fell below the 23.6% Fib retracement level and is now trading below $595 and the 100-hourly simple moving average. If the price increases, it may encounter resistance at the $595 level or a bearish trend line at $595. The next major resistance is near $600, which, if broken, could lead to further gains and a potential test of $612. On the downside, initial support is at $590, followed by major support at $588 and $576. If the price breaks below $576, it could drop towards $565, with larger losses possibly pushing it to the $550 level. The technical indicators suggest a bearish trend, with the MACD in the bearish zone and the RSI below the 50 level.
Related News
Altcoin season unlikely before 2025, says crypto analyst Benjamin Cowen Bitcoin and Gold Both Win If Trump Secures Election, Says JP Morgan ‘Hong Kong’s FTX’ victims win lawsuit, bankers bash stablecoins: Asia Express What to Expect from Ethereum (ETH) in November 2024: Analysts Weigh In Ethereum Price Completes 12 Weeks Of Bottom Formation, Analyst Says Don’t Aim Lower Than $4,900 ATH BlackRock Adds $877M in BTC to Holdings, Hitting a Record $31B Stash Breaking: Cryptocom Acquires SEC-Registered Broker Watchdog Capital Bitcoin Briefly Trades at 1% Discount in South Korea Again: Kaiko Report US Election: Elon Musk Wins Lawsuit Over PAC's $1M Voter Giveaway Is PONKE The Big Solana Memecoin Opportunity For 2025? VanEck invests in Web3 gaming startup Gunzilla PEPE Eyes Key Levels in Bid for 60-Day Breakout Will Ethereum Beat Its Misfortune? Analysts Reveal the Necessary Condition for a Rally Bittensor (TAO) Downtrend Weakens as Key Support Levels Come Into Focus Polygon Ecosystem’s Top TVL Leaders Revealed, Enhanced DeFi Interest Ethereum Gaming Firm Immutable Says SEC Is Threatening Lawsuit Over IMX Token Sales What are smart contracts? From basics to future trends Breaking down the recent TBAC borrowing recommendations Ethereum Price Eyes $18,000 as Analyst Hints ETH Will Lead Once Again Chris Larsen Anticipates Major Crypto Regulations Telegram Crypto Game 'W-Coin' Reveals Long-Awaited Airdrop Details Tether increases Bitcoin and gold reserves in latest quarterly report Crypto Slumps Alongside Trump's Victory Odds on Polymarket as Uncertainty and Profit-Taking Rise Ethereum in the Final Innings of Downtrend Against Bitcoin, Says Top Analyst Benjamin Cowen – Here’s His Outlook MicroStrategy’s $42B Bitcoin bet is bullish for shareholders: Analyst Shiba Inu (SHIB) Price Faces Uncertainty as Whale Moves Stall Analyst Issues Warning for the Cryptocurrency Market: “Due to Coinbase Data…” Judge sentences IcomTech promoter to 8 years to deter ‘crypto frauds’ Ethereum price rally to $3K depends on a few key factors MicroStrategy's audacious $42 billion capital plan is a 'win for all,' analysts say ? This year’s worst-performing top 10 crypto is XRP Arthur Hayes Criticizes Donald Trump, Reveals Why US Election Outcome Doesn’t Matter What is Solana? Alliance DAO’s Demo Day showcases industry trends Ellipsis Labs raises $21m round led by Haun Ventures A memecoin market flippening could be underway An unknown PR agency claims to have revealed Satoshi’s identity: Can we trust it? Axie Infinity Launches Phase 1 of Homeland Rarity Storage Update Aave Sees $200M Weekly Increase in cbBTC Inflows, But There’s a Catch Ripple (XRP) Price Faces Pressure as Key Indicators Turn Bearish Dogecoin (DOGE) Year-To-Date High of $0.22 Is Now Within Reach Cash App facilitates donations for extremist groups Prominent Tesla Short-Seller Issues Major MicroStrategy Warning Analyst Justin Bennett Issues Bitcoin Alert, Says BTC Primed To Plunge if Major Support Level Fails To Hold Mainstream musicians pile into Web3 to revolutionize artist rights with blockchain "Black Swan" Event Could Transform US: Ripple CEO Trump's Crypto Business Slashes Fundraise Goal by 90% After Lackluster Sales MOG Whales Spark Rally as Meme Coin Eyes $0.000002484 High Lido DAO price falls sharply as whale dumps LDO tokens Trump’s meme tokens bleed as Polymarket faces wash trading allegations Zeberg: Bitcoin Might Hit $123K Zero-knowledge proof startup NEBRA launches aggregation tool on World Chain Uniswap users can now buy crypto using Venmo via MoonPay A Tale of Two Cryptos at $70K: Bitcoin vs. Ethereum Kaspa (KAS) Eyes Key Reversal After 50% Slide from All-Time High Florida's CFO says state holds about $800 million in crypto investments Everything You Need to Know About the ‘Tomarket’ Telegram Game Airdrop Ethereum Price Analysis: This Is the Level ETH Has to Overcome to Challenge $3K XRP Skyrockets 125,127% in 24 Hours in Abnormal Liquidation Imbalance Bitcoin Rollup Citrea Aims to Make BTC a Programmable Asset With ZK Proofs, Raises $14M Series A Robert Leshner's Superstate introduces real-time 'continuous pricing' for USTB tokenized Treasurys fund Will Bitcoin Price Crash Again As Active Addresses Are 25% Lower Than ATH? Dogecoin Price Forecast: Analyst Explains Why Selling DOGE Early is a Big Mistake Ellipsis Labs Raises $20M from Haun Ventures to Launch 'Verifiable Finance Blockchain' Atlas Blockchain Association says SEC has cost crypto industry $400 million since Gensler became chair Unmasking Satoshi Nakamoto’s Halloween White Paper Release: A Strategic Coincidence? BREAKING: Coinbase Announces New Altcoin Listing on Futures Crypto.com acquires SEC-registered broker to expand equities offerings XRP Price Prediction for October 31 T. Rowe Price PM a ‘big believer’ in crypto Dogwifhat (WIF) Prepares For A Bullish Breakout – Analyst Sets $3 Target Stablecoins Capture 10% of South Korea’s Trade Transactions, with TRON-Based USDT Leading Shiba Inu preps for a big rally as Shibarium accounts jump Bitcoin Google Search Interest Remains Flat Despite $73,600 Surge: What History Tells Us BTC Patience Pays: Trader Sees Unreal $14.2M Profit, But ETH Loss Still Looms Coinbase safeguards more of crypto than you might think Dogecoin Nears Rare Golden Cross After One-Year Wait: Details Expert Forecasts Solana Price Fractal to Propel SOL to $800 Satoshi Nakamoto Mystery Takes New Turn in Bitstamp's Tweet RWA-Backed sUSD Hits Stunning Milestone with 10M USDC Deposits in Just 1 Hour Meme coins shake up cryptocurrency investments as Gen Z seeks new financial paths Why These Altcoins Are Trending Today — October 31 Bitcoin (BTC) may shift correlation with US dollar after the November 5 elections How the Lindy Effect can make users overconfident in DeFi 'brands' SBI VC Trade Announces Two Promotional Events for Shiba Inu Bitcoin price pullback and volatility likely as US election approaches, Standard Chartered says China Reduces Its US Treasury Bonds from $1.2T to Under $800B, Will It Consider Bitcoin? Truflation Launches First-Ever Meme Coin Index 'Thank You, Satoshi': Michael Saylor Reveals Epic $21 Billion Move Bitcoin set to make the highest monthly close ever XRP déjà vu? Analyst explains how Ripple hits $25 in 2025 FTX adviser AlixPartners boosts crypto tracing with Chainalysis Ethereum (ETH) Price Prediction for October 31 This Man Claims to Be Bitcoin Creator Satoshi Nakamoto—Should We Believe Him? CMT Digital leads $2.5 million pre-seed round for autonomous agent network developer Axal Shiba Inu (SHIB) Exec Warns Crypto Community: 'Be Investor, Not Gambler' Bitcoin edges close to all-time high as it marks its sweet 16th birthday Ethereum scaling infrastructure startup Spire Labs raises $7 million in seed funding Ethereum-based solar project Glow raises $30 million in funding round led by Framework Ventures and USV Bitcoin wipes $500M open interest as BTC price drops toward key $70K Lamborghini Goes Web3 with Lightlink, Gravitaslabs Collaboration io.net and GAIB Forge Strategic Alliance to Democratize GPU Computing Resources Cardano Rolls out Major Node Update in Anticipation of Chang 2: Details Crypto Market Anomalies: The Secrets Behind the Biggest Trading Spikes AlixPartners teams up with Chainalysis to expand crypto tracing expertise Analyst Explained! "BlackRock's Bitcoin (BTC) Move Is More Important Than Trump's Election!" Grass crypto surges to ATH, but a risky pattern points to a reversal 3 Hidden Gem Altcoins That Can Yield Gains in November Nexo Sheds Crypto Lender Label, Rebrands as a ‘Digital Asset Wealth Platform’ VanEck-backed stablecoin AUSD debuts on Injective blockchain Bitcoin belongs on Broadway? COTI Unveils CBDC Marketplace for Real-World Assets at Digital Shekel Challenge Saylor’s Bitcoin custody debacle highlights growing divide in crypto community London Satoshi reveal unsurprisingly fails to convince anyone of his identity amid fraud charges Gary Vee & MrBeast Accused of NFT & Crypto Price Pump Scheme Bitget wallet on Telegram hits 6 million users 3 days after launch SHIB Endorsed by Robinhood in Recent Major Tweet GRASS Token Price Surges 28%: Can the Rally Continue? Hamster Kombat Price Prediction As App Users Hit New Low of 48 Million Shiba Inu Price on Verge Amid 800 Billion SHIB Whale Sell-Off Binance founder CZ sees positive shift in crypto regulation worldwide XRP on Verge of Reaching Dangerous Support Level Securitize crosses $1 billion in tokenized onchain assets as it launches a new fund administrator service Pudgy Penguins™ and Mythical Games reveal Pudgy Party, a new AAA mobile game Harris win unlikely to rock Bitcoin price, but crypto fears persist, say observers Crypto losses to hacks and scams surpass $1.4 billion in 2024, despite monthly drop: Immunefi CoinShares Releases Third Quarter Mining Report! Here Are the Details Celestia’s (TIA) 176 Million Token Unlock Stirs Market Unrest Terra (LUNC) and (LUNA) Prices React to SEC Lawsuit Blockchain voting restores trust in modern elections BREAKING: PCE Data Used by the US FED to Measure Inflation Announced! Here's Bitcoin's (BTC) First Reaction! CZ on Whether He Will Resume Binance CEO Role After Prison Release Analyst Explains Why XRP Price at $25 is Within Reach Top Analyst Issues Countdown to XRP Historic Breakout, Projects Massive 1,347% Surge to Follow CME bitcoin options volume surges amid bullish derivatives bets ahead of US election Web3 gaming still ‘immature’ but presents opportunities — Execs Ripple CTO Reveals What Real Success Story Is for Company Suilend Launches SpringSui to Revolutionize Liquid Staking on Sui Network Missing Bitcoin and lost execs: Halloween’s creepiest crypto mysteries PEPE Price to Clear One Zero If This Trend Continues Crypto price today: HNT, ICP, and BTC performance amid rising market greed ENA Faces Bearish Trend as Key Resistance Levels Loom Ethereum Co-Founder Vitalik Buterin Praises Polygon’s ZK Performance Bitcoin Stabilizes as Fed Cuts Interest Rates How High Could Cardano Price Go If NASA & ADA Partnership Is True? Brazilian Central Bank Considers Taxing Stablecoin Remittances Toncoin Price to Benefit From 77% of TON Holders Maturing Australian police’s ‘new powers’ lead to $142.6K crypto seizure Analyzing AVAX: How rising MVRV points to a buying window US Government Sold Aragon’s ANT Tokens for ETH Ahead of Planned Token Burn AI predicts Ethereum price for year-end JUST IN! Binance Announces Listing of a New Altcoin! Price Jumps! Christie’s digital art auction raises more than $50k for UNHCR Next Bitcoin ATH: Here's Key Condition for Reaching It – Top Analyst Bitcoin at 16: From experiment to trillion-dollar asset Bitcoin Whitepaper: Satoshi Nakamoto changes the world Italy: a loophole discovered in the law on crypto taxes Expert analysis: STX poised for long-term growth following Nakamoto upgrade Asia surpasses North America in crypto developer dominance, data shows VISTA up over 60% following launch of pump.fun alternative Etherfun Airdrops vs ICOs: Exploring Market Influence and Value US crypto industry expects friendlier Washington, whoever wins White House No, Today Is Not Bitcoin’s Birthday Dogecoin market dominance tops 1%: Could DOGE price hit $1 this cycle? Who Is Satoshi Nakamoto? SaaS animation platform LottieFiles alerts users to crypto threats The impact of macroeconomic risks on capital markets | Opinion Coinbase Third-Quarter Revenue Misses Estimates; Shares Fall: Analysts Binance Partners with Amazon’s AWS Cloud for User-Focused AI Solutions Tron replaces Oracle provider with Chainlink What to Expect from Bitcoin (BTC) in November 2024: Analysts Weigh In Kraken launches fully-customizable desktop trading application inspired by its Cryptowatch tool Solana’s Push to $200 Meets Heavy Resistance Hinting at a Reversal Crypto Market Cap’s Broadening Wedge Pattern Points to Possible 31% Surge Will Solana Uptrend Resume as Whale Withdraws 206,111 SOL from Binance to Stake $36M? Uniswap outlook: what $18B in trading volume means for UNI price Binance Announces New Listing for Margin Trading! B² Network Expands BTCFi with Chainlink CCIP Integration for Cross-Chain Growth Dutch central bank Imposes $2.4m fine on Bybit for service violations Rising Open Interest May Not Keep SUI Above $2 — Here’s Why Crypto Whale Bets $8.8M on Trump’s 2024 Election Win as Odds Rise to 67% Shiba Inu Reveals Only Question SHIBArmy Cares About Bitcoin Dominance Skyrockets to 3.5-Year High as BTC Maintains $72K (Market Watch) Cardano Founder Agrees ADA is the Main Character in the Market Right Now Sygnum, Managing $4.5 Billion, Restructures Crypto Fund for Institutional Push Shiba Inu Fluctuates In Anticipation Of A Higher Spike MOG Coin Uptrend Targets 126% as Cup-and-Handle Breakout Looms AAVE Challenges Trendline Resistance: Is $200 the Next Stop? Wall Street Bulls Realize The Truth, Rushing To Bitcoin! DeFi TVL surpasses $90b for the first time in 3 months IOSCO urges for investor education on digital currency Korean crypto investors reach 7.8m amid 27% market cap increase: report Expert Says This Time Will Not Be Different After Massive Bitcoin Rallies in Last Three US Elections Ethereum Co-Founder Vitalik Buterin Heaped Praise On This Altcoin! Animation Tool Lottie Player Hit by Supply Chain Attack, Causes $723K Bitcoin Theft BlackRock's Entry Into Crypto Matters More Than U.S. Election, QCP Capital's Darius Sit Says BTC price risks new 'FOMO' top as Bitcoin ETF inflows near $1B daily PEPE Coin The First Meme Coin To Trade In Japan: How Will Price... Can Shiba Inu Hit $0.0001 or $0.001 if It Reaches a $100B Market Cap This Single Event Shows Bitcoin Bull Run to New Highs Might Have Already Begun Shiba Inu Lead Highlights New Prospect and Warning for This Upcoming Token, Says it Will Lead Memecoins Shift to Utility Tokens Expert Predicts XRP Bottom 31 Weeks After Bitcoin Halving, Targeting $26 on Recovery Avalon Labs Joins BNB Chain MVB Season 8 Acceleration Program DOGE Hits $0.17 Hurdle; Are Technicals Signaling a Reversal? Pendle Set for Major Breakout in DeFi Solana Hitting This Price Will Be Final Confirmation Crypto in Parabolic Phase: Macro Guru Raoul Pal Maker surges 11%, bringing 50% of holders to the profit zone Russia’s Bitcoin, AI play with BRICS is ‘game theory’ in motion: Analyst “Rich Dad, Poor Dad” Author Reveals Why He “Loves” Bitcoin Trader That Called May 2021 Crypto Collapse Says 160% Bitcoin Rally ‘Perfectly Feasible’ – Here’s Why Coinbase experiences “strong interest” in blockchain medals at AUS marathon Dogecoin’s breakout from 3-year channel signals 500% rally potential in 2025 Shytoshi Kusama Responds to Critic About SHIB’s $0.01 Target: Details Singapore bolsters fintech hub with Global Finance Technology Network AI Startup Backed by Billionaire Peter Thiel's Founders Fund Raises $500 Million Top 3 crypto predictions: Grass, AI Companions (AIC), Maker Will Sui Price Capture $2.3T Market Cap With This New Upgrade? Coinshares Report: Inside Bitcoin’s Cost Crunch—Why Mining Expenses Are Hitting Record Highs Uniswap Price Prediction: Can UNI Breakout To $20? U.S ETFs Breach 1M BTC Held, What It Means For Shiba Inu Price Crypto titans back clothing firm’s suit against SEC’s ‘unwritten’ rules Altcoin Breakout Imminent? Post-Election Surge Expected BNB Price Slips as Peers Climb: Can It Regain Ground? Cardano Price May Fail to Benefit From Bitcoin’s New ATH MicroStrategy shares fumble as Q3 earnings fall just short of estimates XRP Price Faces Support Test: Is a Rebound on The Horizon? Watch Out: One of the Largest Decentralized Cryptocurrency Platforms Reportedly Hacked, Do Not Interact with Suspicious Platform Bitcoin Shows Triangle Bearish Pattern with $71,200 Target Before Next Move Up Celestia's TIA suffers nearly 10% loss following $900 million token unlock Bitcoin’s Path to $200,000 Doesn’t Depend on Dollar’s Demise, Claims Bitwise CIO Ethereum Price Consolidates Gains: Is It Ready for Another Push? Satoshi’s Record At Stake: Bitcoin ETFs Could Cross 1 Million BTC Today Tax-Free Bitcoin? Trump’s Cryptocurrency Proposal Explained Bitcoin Price Targets Fresh ATH: Will It Make History Again? Here are Projected Timelines for Shiba Inu to Hit $0.0006 and $0.005 Chainlink Opens DECO Sandbox for Privacy-Centric Data Verification in Finance Ethereum Defies Crypto Slump, While Bitcoin, Solana, Dogecoin Falter Riot revenue rises 65% from 2023 but says hashrate plans hampered Bitcoin Makes ATH Against Euro Due To Change In Dollar Strength, Details Inside Bitcoin Cash (BCH): Golden Cross Confirmed, Bullish Breakout Coming? HBAR Price Holds Key Support Analysts Eye $0.098 Press release claims to reveal Satoshi on Bitcoin’s whitepaper anniversary—What we know so far SHIB Dips 3% Post $0.00001979 Monthly Peak; What's Next? BlackRock’s Staggering BTC Buy: 8,805 BTC Added, Holdings Rise to $29.84B Robinhood doubles crypto trading volume, but shares dip 12% on Q3 earnings Crypto apps see malicious popups after Ace Drainer hacks animation library 1Inch Frontend Compromised in Widespread Supply Chain Attack Is Bitcoin’s Bull Market Just Beginning? Leveraged Bets Suggest Big Moves Are Coming Crypto Whales Amass Over 200,000 SOL as Solana Eyes Breakthrough to Top 4 Cryptos Polkadot Struggling To Recover As Analysts Predict A Breakout Ripple Partners with IRC to Transform Humanitarian Aid Supply Crypto Titans Pour $200M into U.S. Election, Backing Trump and Harris Campaigns Troy AI Leads Gainers as Markets Sees Notable Gains End Of The Road For Solana? Analyst Predicts 77% Price Crash To $40 How many crypto millionaires are there? Meet the industry’s biggest players Bitcoin’s 800-Day Dominance Streak: Will Altcoins Stage a Comeback? The Top Crypto Gainers Today 2024: Aave Simplifies Decentralized Lending and Borrowing! AI News: OpenAI Launches New Benchmark To Tackle AI Factuality Dogecoin (DOGE) Price Explosion: What's Happening? XRP's Weakness Caused by This Factor, Is Ethereum (ETH) Ready to Join Massive Rally? MicroStrategy to raise $42B to buy Bitcoin in ‘21/21 plan’ Vitalik Buterin Tackles User Experience Challenges in Ethereum’s Layer-2 Solutions Optimism, Celestia, and dYdX Among the Top Upcoming Unlocks Crypto Analyst Says DeFi Altcoin Gearing Up for Liftoff, Updates Outlook on Solana and Dogecoin WazirX concludes the first creditor meet with only 4 out of 10 COC members in attendance Solana ETF Momentum Grows With New Filing After Bitcoin and Ethereum Approvals Crypto Enthusiasts Targeted in Multi-Vector Malware Attack Disguised As Python-Based Trading Tool: Report Dogecoin Price At Risk As Whale Transfers 1.7B DOGE US Treasury Says Stablecoins Should Be Replaced by a CBDC Sui Surpasses Consolidation Phase, Analysts Predict New High Bitcoin Boom: Is BTC Preparing For Another 6X To $462,000? US Treasury says tokenization, stablecoins will reshape financial landscape but urges caution Altcoin Season Hopes Fade as US Election Buzz Fuels Bitcoin Dominance