So, one of the hot coins for today is $BNB (Binance Coin), and this is partly due to the momentum gained from the Binance Launchpool! Here's a bit of technical analysis for you. If you look at the 8-hour candle charts, you'll see that at every peak I marked in red, the Launchpool was deactivated, they returned the BNBs (they get unlocked), and people sell! This creates a clear example of what selling pressure looks like. Right now, we're in a clear upward trend, which I've marked by hand—sorry for the shaky lines!
Do you think it will reach the estimated prices? What do you think?
