Jul 07, 2024 at 12:23 // Price
The latest price analysis by Coinidol.com report, Binance Coin (BNB) has fallen to a low of $454 before recovering above the $500 support.
BNB price long term forecast: bearish
Selling pressure has reached the historical price level of March 19, which is the $500 support. In previous price action, the altcoin fell to a low of $551 on June 24 before moving below the moving average lines. On July 1, the bulls failed to sustain the price above the 21-day SMA, leading to a further decline in the cryptocurrency. The bears broke through the current support at $551 and reached another low of $454. However, the bulls took…
