Binance Coin (BNB) is currently at a pivotal point. The altcoin has been trending downward, forming a descending triangle since peaking at $612 on May 27. As of now, BNB is trading at $593.11, reflecting a 3% dip over the past three days.

Current Market Situation

BNB’s price is trending within a descending triangle, a pattern that typically indicates a potential breakout or breakdown.&middot

For the full story, head over to TheCurrencyAnalytics.com.