Trusted

Exclusive Binance Cryptocurrencies Search for Support After Drop From All-Time Highs

2 mins
Updated by Kyle Baird
Join our Trading Community on Telegram

In Brief

  • BNB reached a new all-time high on May 10.
  • CAKE is trading between support and resistance at $19.50 and $28.
  • BAKE is potentially trading inside a descending parallel channel.
  • promo

Binance Coin (BNB) has been decreasing since reaching a new all-time high price of $691.77 on May 10.

PancakeSwap (CAKE) has fallen below the $28 area and is approaching the $19 support.

BakeryToken (BAKE) has been decreasing inside a descending channel since May 2.

For BeInCrypto’s latest bitcoin (BTC) analysis, click here.

Top crypto projects in the US | November 2024
Coinbase Coinbase Explore
Coinrule Coinrule Explore
Uphold Uphold Explore
3Commas 3Commas Explore
Chain GPT Chain GPT Explore
Top crypto projects in the US | November 2024
Coinbase Coinbase Explore
Coinrule Coinrule Explore
Uphold Uphold Explore
3Commas 3Commas Explore
Chain GPT Chain GPT Explore
Top crypto projects in the US | November 2024

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

Valdrin-Tahiri.jpg
Valdrin Tahiri
Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona School of Economics. Shortly after graduating, he began writing for several different cryptocurrency related websites as a freelancer before eventually taking on the role of BeInCrypto's Senior Analyst. (I do not have a discord and will not contact you first there. Beware of scammers)
READ FULL BIO
Sponsored
Sponsored