$BNB BNB/USDT pair on Binance. Let's break it down:
_Current Price:_ $694.56
_24h Change:_ -2.01% (a moderate decrease in the past 24 hours)
_24h High:_ $708.90 (the highest price reached in the past 24 hours)
_24h Low:_ $683.00 (the lowest price reached in the past 24 hours)
_24h Volume (BNB):_ 381,269.78 (a moderate trading volume in the past 24 hours)
_24h Volume (USDT):_ $263.82M (the trading volume in USDT)
The moving averages (MA) are:
1. *_MA(7)_*: $692.77 (the 7-day moving average)
2. *_MA(25)_*: $692.11 (the 25-day moving average)
3. *_MA(99)_*: $693.74 (the 99-day moving average)
The trading volume is moderate, with 1,229,910 BNB tokens traded in the past 24 hours. The order book depth is also notable, with a total volume of 49.7K USDT.
The price has been decreasing over the past 24 hours, with a moderate loss of 2.01%. The 24-hour high was $708.90, and the current price is $694.56.
The percentage changes over different time periods are:
1. *_Today_*: +0.21%
2. *_7 Days_*: +3.56%
3. *_30 Days_*: +14.91%
4. *_90 Days_*: +14.14%
5. *_180 Days_*: +21.41%
6. *_1 Year_*: +121.79%
The data suggests that BNB/USDT is experiencing a moderate bullish trend, with a significant increase in price over the past 180 days and 1 year. However, the short-term trend is more neutral, with a moderate decrease in the past 24 hours.
The Layer 1/Layer 2 indicator suggests that BNB is a Layer 1 blockchain project, which can be an important factor to consider when evaluating the project's potential for scalability and adoption.
It's also worth noting that the Vol Promo indicator is active, which may indicate increased trading activity and volatility in the near future
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