TL;DR Breakdown Red candlestick are ruling this week’s price chart.Resistance level is found at $402.27.Binance coin price analysis shows support at $379.26. The latest update regarding the Binance coin price analysis shows a gradual decline in the price levels. The cryptocurrency is making efforts towards breaking the resistance and cross the price barrier at $402.276. Over the past 48 hours, bullish momentum has been detected here and there, with price fluctuation. Yet, the bears continue to rule without letting the price recover above $420.553. Binance coin price analysis shows major decline at $402.76 The 4-hours Binance coin price analysis is showing a relatively bearish momentum today. The price levels continue to fall as the short-term trending line is going in the downward direction. The Bollinger bands are narrowing down that may be a good sign for the cryptocurrency market. Their average is set at $300.908, with their upper strand present at the $420.553 price level while the lower strand is at $379.36. Also, it seems that the SMA 20 will soon go below SMA 50, which is also a bearish indication. BNB/USD 4-hours price chart. Source: TradingView The moving average tells us about the collective average as calculated during the past week, at $406.63. The Relative Strength Index (RSI) score is at 55.53, which is a very neutral figure, and surprising trends can be expected in the future. 1-day Binance coin chart: Do...
