Binance Coin price is edging closer to a key support level at $221, which has held its own since February 2021. A breakdown of this critical barrier w
As BNB slips below the $221 support level that has held for more than two years, the probability of a further decline increases.
would be a major development for BNB and would paint a picture of the buyers’ outlook. In such a case, investors can expect steep correction to subsequent support floors.Binance Coin price action puts investors in a precarious position In such a case, if BNB overcomes the $356 hurdle and flips into a support floor, it would not only also produce a higher high but also signal a breakout from the consolidative structure. Cryptos feed
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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