Binance Coin (BNB) Creates Second Higher Low Since June 18

Binance Coin (BNB) is in the middle of a parallel channel that has been in place since Nov 2021. whether it reclaims the midline or gets rejected could determine the direction of the future trend.

Binance Coin (BNB) Creates Second Higher Low Since June 18.jpg

The live BNB price today is $226.24 with a 24-hour trading volume of $1,157,265,464. BNB is up 1.71% in the last 24 hours. The current CoinMarketCap ranking is #5, with a live market cap of $36,939,031,861 USD. It has a circulating supply of 163,276,975 BNB coins and a max. supply of 165,116,760 BNB coins.

BNB has been falling since making its first lower high in Nov at the beginning of May the downward movement caused a breakdown from an ascending support line. which had previously been in place for 434 days. Breakdowns from such long-term structures are usually a sign of a trend reversal.

Read full news at : https://cryptounity.news/binance-coin-bnb-creates-second-higher-low-since-june-18

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