Binance Coin (BNB) Struggles to Sustain Higher Prices After Breakout

Share Article
In Brief
  • Binance Coin has possibly created a double-top pattern.

  • There is support and resistance at $21.50 and $26.50, respectively.

  • BNB might soon begin the C wave of an A-B-C correction.

  • promo

    Want to know more? Join our Telegram Group and get trading signals, a free trading course and daily communication with crypto fans!

The Trust Project is an international consortium of news organizations building standards of transparency.
Binance Coin (BNB) has broken out from an important resistance level and validated it as support afterward. Some technical indicators, however, suggest that a bearish reversal could transpire soon. BNB Makes a Double-Top The BNB price has been gradually increasing since March 13. The rally stalled near the end of July when the price reached the $21.50 area and was rejected. On Aug
×

BeInCrypto Premium - Register for FREE now.

BeInCrypto Premium - Register for FREE now.

Upgrade to continue reading

Register Now!
Share Article

Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

Follow Author

Daily signals, Bitcoin analytics and traders chat. Join our Telegram today!

Let’s Go
Daily signals and Bitcoin analytics.