While Bitcoin looks weak, select altcoins are showing resilience and this can shift the focus from Bitcoin to altcoins.
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
- Price Analysis
Bitcoin’s bearish price action has led many traders to set their sights on altcoins and this week a handful of tokens added notable gains.
- Price Analysis
Bitcoin price looks weak but this fall below $8,500 might turn out to be a buying opportunity.
- Price Analysis
While Bitcoin price action remains lackluster, altcoins are attempting to make a strong upside move.
- Price Analysis
Bitcoin is at a critical level. Will it bounce off the current level or plummet below it? Let’s analyze the charts.
- Price Analysis
Several cryptocurrencies have turned down sharply from their overhead resistance levels. This is a sign of weakness.
- News
by Helen Partz
CipherTrace’s support for BNB and Binance Chain will not affect Binancians’ security and data protection, Binance COO Samuel Lim says.
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The crypto market has pulled back but traders might view the current dip as a buying opportunity as long as critical support levels are not violated.
- Price Analysis
Many cryptocurrencies are in a pullback which may be viewed as a buying opportunity. What are the critical levels to watch out for?
- Price Analysis
After last week’s volatility, traders could be anticipating that the crypto market will consolidate the gains before starting next move up.
- Price Analysis
Bitcoin managed a sharp turnaround just a day after 10% price dump. Does this increase the possibility of a bottom formation?
- Price Analysis
The crypto space is deep in the red. Is this a bear trap or the start of a new downtrend? Let’s analyze the charts.
- Price Analysis
Several major cryptocurrencies are showing signs of a possible trend reversal. If the bounce sustains, many could become optimal buying opportunities.
- Price Analysis
A few of the top cryptocurrency performers of the past seven days are forming buy setups. What are the key levels to watch out for? Let’s analyze the charts.
- Price Analysis
Bitcoin is at a critical crossroad. What are the different possibilities and important levels to watch out for? Let’s analyze the charts.
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