Price Analysis of BNB
BNB
BNB
tickers down
671.24 €
bounced strongly from the support of 635 dollars on December 23, indicating that the bulls are defending the level.
The flat 20-day EMA (689 dollars) and the RSI slightly above the midpoint suggest a possible range-bound action in the short term. The BNB/USDT pair could fluctuate between 635 and 722 dollars for some time.
If buyers push the price above 722 dollars, it will signal the beginning of a bullish movement towards 760 dollars and then to 794 dollars. Bears will gain an advantage if they sink and hold the price below the uptrend line.
