$BNB With the display situation on the chart: 1. Bollinger Bands (BOLL): • The current BNB price (720.39) is near the middle of the Bollinger Bands (MB: 706.36), indicating that the market is balanced and there is no strong volatility. • The Bollinger Bands have not yet narrowed clearly, so the signal for a strong trend is not really evident. 2. MACD: • DIF (20.02) and DEA (22.48) indicate that the MACD is still in a negative state with the MACD histogram at -2.45. This shows that the upward momentum is still weak, possibly in a consolidation or correction phase. 3. RSI (Relative Strength Index): • RSI (6): 56.60, RSI (12): 58.04, RSI (24): 58.72 => RSI is in the neutral zone (50 - 70), with no signs of overbought or oversold. 4. Trading volume: • The trading volume has not increased significantly, indicating that buying and selling power remain balanced, with no spikes.
Comments:
Currently, BNB/USDT is showing signs of accumulation and moving sideways in the short term. The trend is not really clear for taking long or short positions. • If the price breaks above the resistance zone of 737.37 with strong volume, you may consider opening a long position. • If the price breaks below the support zone of 713.32 with strong volume, you may consider opening a short position.
It is advisable to wait for clearer confirmation signals from volume and price trends to avoid risks.
12/17/2024 #BTC☀ #Altcoins👀🚀 Seeing the FOMO coin X (anonymous) fever, I wrote a little about it, because watching people rush in to give their money to the exchange and whales for free before Tet is also pitiful. I heard people FOMOing for a while, clicked to check it out and saw that the exchange is launching the X launchpool, staking BNB with a reward of 300M X. What does this mean? I see most people are not paying attention to it ^^.
This means that those who are eagerly waiting for Binance to list spot to buy after the price drops, or hold waiting for it to go x3-x5 will become the liquidity providers for the 300M reward coins from the Launchpool. Whales do not need to do much, as they get them for free, just need to maintain the price and sell gradually, roughly calculating it as 0.85$ x 300M = 255M $ . So stay alert if you want money for Tet, if you are not alert and do not learn, you will only lose Tet.
#CryptoUsersHit18M #CryptoUsersHit18M CryptoUsersHit18M CryptoUsersHit18M Over 18 million users - an impressive figure that reflects the continuous growth of the cryptocurrency market. With the expansion of blockchain and DeFi applications, NFTs, more and more people around the world are joining the crypto world. Just think Is this just the beginning? What can we expect in the future? Share your thoughts and let's look forward to the next milestone Source: coppy$BNB $BTC