Price Analysis
A few major cryptocurrencies are in an uptrend and they could offer buying opportunities in the short-term.
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Binance Coin News
Binance Сoin (BNB) is a cryptocurrency designed by the eponymous cryptocurrency exchange. Based on the ERC-20 standard, Binance Coin was established with the Ethereum technologies. The Binance Coin market cap is one of the largest on the market and the largest among the ERC-based tokens with over 1,3 billion dollars at the time of writing this article. BNB was developed to become a trading tool on the Binance cryptocurrency exchange. BNB-based transactions are subsidized by the exchange making the coin more attractive to use within it. Due to the large trading volume of Binance and its effective strategy on the new asset, Binance Coin was fast to become a major part of the industry. BNB price is supported by the large number of businesses accepting the coin as a form of payment.
- Price Analysis
Most major cryptocurrencies have turned down from their immediate resistance levels, which suggests a minor correction in the next few days.
15962 - Price Analysis
Most major cryptocurrencies are struggling to break out of their immediate resistance levels, which could result in a minor pullback for the next few days.
25665 - Price Analysis
The action in altcoins has become coin specific, meaning, traders should remain with those that are in an uptrend as they are likely to follow Bitcoin if it moves higher.
18926 - Price Analysis
Altcoins are currently following Bitcoin price but soon they are likely to decouple and chart their own course.
33149 - Price Analysis
After Bitcoin’s rally, several major cryptocurrencies are attempting to resume their up move.
30583 - Price Analysis
Most major cryptocurrencies are stuck in a tight range awaiting direction from Bitcoin.
21525 - Price Analysis
Several major cryptocurrencies are facing selling at higher levels but the fact that traders are buying on the dips suggests further range-bound action is likely.
31827 - Price Analysis
Most major cryptocurrencies are facing resistance at higher levels, meaning a few days of consolidation could be needed before the rally can resume.
17509 - Price Analysis
Bitcoin’s impressive rally has pushed the crypto markets higher, leading traders to wonder if the uptrend will last through the halving event.
16996 - Price Analysis
Bitcoin prices are holding up well but the fact that many altcoins are witnessing profit booking suggests that the focus is shifting back to BTC.
21090 - News
The ‘Binance Smart Chain’ whitepaper has attracted criticism from the crypto community, drawing predictions that the chain will be prone to centralization.
8479 - Price Analysis
Bitcoin is close to breaking out of its overhead resistance. This has resulted in strong price action in some altcoins, which suggests that the investor sentiment is bullish.
18388 - Price Analysis
The bounce in most major cryptocurrencies shows demand at lower levels and also increases the possibility of an up move in the next few days.
15548 - Price Analysis
Many major cryptocurrencies are not seeing follow up buying even after breaking out of resistance. This points to consolidation or a minor dip in the next few days.
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